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Get Your Boss Out of Your Bedroom

Harvard Business Review

running according to free-market efficiencies! Kaplan put it when I interviewed him , "The health care sector just kind of split off from the rest of any other kind of sector" when it comes to accounting. So much for American fears of socialized medicine. Adam Smith 4eva! — has now put American employers in an untenable position.

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Profit Is Less About Good Management than You Think

Harvard Business Review

Chicago’s Steve Kaplan’s findings on the difference that managers can make are even more sobering. He studied the relative importance of management teams in 106 venture capital-financed firms from early business plan to IPO. So is there something different about the managers who do succeed?

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Intelligent Redesign of Health Care

Harvard Business Review

Kaplan and Michael E. The center will then tie the cost to patient-outcome measures, which will enable it to design a system that improves the quality of outcomes, motivates efficiency and improved capacity utilization, reduces costs, and assures patients and providers that any cost improvements will not reduce the quality of care delivered.

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Making Sense of Our Very Competitive, Super Monopolistic Economy

Harvard Business Review

Firms concentrate on what they’re good at, adopt new technology, and deliver products and services more efficiently. Finance may be moving from a period without much competition into one of disruption, while technology is moving from a period of intense innovation into one of concentrated market power.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. One of the team’s central findings is that TDABC cannot be delegated to the finance function.

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