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A Closed-Loop Strategy Execution System

Six Disciplines

Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. By creating a closed-loop management system, companies can avoid such shortfalls. Align Systems ). Discipline I. Decide What's Important ). Discipline III.

System 98
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A Closed-Loop Strategy Execution System

Six Disciplines

Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. By creating a closed-loop management system, companies can avoid such shortfalls. Align Systems ). Discipline I. Decide What's Important ). Discipline III.

System 85
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The Transformed Map of a Recovering Management Accountant

Deming Institute

We call this approach Professional Management, and have developed a system to implement it influenced by Dr. W. Tom Johnson, an economist and self-described “recovering management accountant,” is well known for his early contributions to the traditional accounting profession. Edwards Deming and other great thought leaders.

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Health Care Providers Need a Value Management Office

Harvard Business Review

A “value management office” can greatly enhance an institution’s ability to improve outcomes and costs across the enterprise. ICCI now has five full-time employees with expertise in analytics and project management and three part-time graduate students.

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Do You Know What Your Company’s Data Is Worth?

Harvard Business Review

In the same way that banks must constantly balance assets and liabilities, data-laden firms need to move from cyber-defense and fire-fighting toward more proactive management of what could prove to be their most important asset. This means determining not only what EvD means today, but what it will mean for the firm in the future.

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Intelligent Redesign of Health Care

Harvard Business Review

But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system. As we move forward we need to be mindful of two principles that must be at the heart of any fundamental health care reform: “no margin, no mission” and “if you can’t measure it, you can’t manage it.”

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How Hospitals Are Using Patient-Reported Outcomes to Improve Care

Harvard Business Review

Dr. Niazi’s team has used Time-Driven Activity-Based Costing to prove that this program is cost effective, and is currently collecting data to assess its impact on patient outcomes. Several features of the program have already been expanded to other providers at Mayo.

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