article thumbnail

Master the PRIMES

Leading Blog

The Primes are 46 universal patterns of group behavior that show up every time people join up in groups to solve problems, drive change, and transform systems. Fixing involves corporate improvement programs like Activity Based Costing, Six Sigma and others.”These Marketing is inept (BELIEF).”.

Six Sigma 277
article thumbnail

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

Harvard Business Review

Data contributes not only to brand equity, but to what constitutes product and service delivery in globally connected and hyper-competitive markets. Between 2013 and 2015 cyber-crime costs quadrupled, with the reported incidence rate growing exponentially. Today most organizations are data-driven to one degree or another.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Design a Bundled Payment Around Value

Harvard Business Review

The second issue was Harvard Pilgrim’s existing IT system, which had been designed to support the fee-for-service model. The insurer agreed to bypass the system and use manual procedures in the pilot study to track and bill patients and pay providers. Selecting the Patient Population.

article thumbnail

The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

These efforts were part of the providers’ quest to increase the value of their care delivery — in other words, achieve better outcomes at the lowest-possible cost. One of the team’s central findings is that TDABC cannot be delegated to the finance function. Select a project team. Engage local physicians.

Mayo 8
article thumbnail

Case Study: When to Drop an Unprofitable Customer

Harvard Business Review

Its accounting system, however, remained simple and traditional. With careful study, Tommy had figured out that the company's costing system had made it blind to its own operations: It allocated factory overhead to products as a percentage markup over direct labor costs, and corporate overhead as a percentage of sales.