Remove Budgeting Remove Bureaucracy Remove Human Resources Remove Operations
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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

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What I Learned from Transforming the U.S. Military’s Approach to Talent

Harvard Business Review

It was clear to me then that the Defense Department would need to keep pace with the dramatic changes — many of them technological — reshaping the economy, the labor market, and human resource management. Taking 50% of the population off the table meant losing too much potential talent.

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The 5 Best Bargains in Business

In the CEO Afterlife

The fact that giant companies don’t operate this way opens the door for the smaller competitor. Whining about the economy, budget constraints, and low-cost competition does nothing to improve a company’s well-being. Bureaucracy lurks on the periphery, waiting for its opening to subvert the lean, mean, business machine.