Remove Finance Remove Human Resources Remove Incentives Remove Quality
article thumbnail

The Big Picture of Business – Business Success Checklist

Strategy Driven

Make investments toward quality controls. Continuous quality improvement plan is annually updated, with measurable goals. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Human Resources program is active, professional and responsive to the organization.

article thumbnail

Is This the Hospital That Will Finally Push the Expensive U.S. Health Care System to Innovate?

Harvard Business Review

HCCI is accredited by Joint Commission International, another endorsement for quality. HCCI outsourced back-office operations — human resources, accounting, finance, medical transcription, radiology — to low-cost but high-skilled employees in India. Patient testimonials were equally glowing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can Lean Manufacturing Put an End to Sweatshops?

Harvard Business Review

In the lean-manufacturing context, in contrast, assembly line workers learn to execute a variety of production tasks, take responsibility for product quality, and are encouraged to find ways to improve the production process. Workers tend to earn more and report higher engagement with their jobs.

article thumbnail

This Pharma Company Stays Innovative by Doing Two Things

Harvard Business Review

After extensive assessment, they settled on two initiatives: realigning incentives for employees and systematically introducing outside talent and practices. Roivant’s first response was to address misaligned incentives. Missed clinic visits lead to worse data quality and costly delays.

article thumbnail

The Rebirth of the CMO

Harvard Business Review

The CMO also worked with the finance office and product managers to link pricing and benchmark data into the RFP process, which improved quality and response times. To affect changes in culture, some CMOs are partnering more closely with human resources. So the HR director has to be my best friend.”.

P&L 10