Savings Beyond Price™
Innovative Supply Savings and Quality Solutions That Work
by Strategic Value Analysis® in Healthcare
Did You Know...?
That Value Analysis Was Developed Back In the 1940's After World War II as a Way to Find Lower Cost but Higher Quality Alternative products and methods. This was Due to the Lack of Material Resources At The End of The War.
Savings Beyond Price -Weekly eNewsletter - April 23, 2008
Robert T. Yokl
President & Chief Value Strategist
Greetings!
What Were They Thinking?
Studies show that 3 out of every 10 change initiatives fail to sustain their momentum over time. My thinking is that this statistic isn’t shocking to you because you have found this to be an accurate representation of what happens -- time after time -- in your own healthcare organization.
Here’s what this phenomenon looks like! The change initiative, whether it’s value analysis, Lean Management or Six Sigma, had a full head of steam over its few years of its existence, then fizzles, sputters and quietly dies a slow but unnoticed death. Then everyone forgets, after a few years have gone by, that your organization ever had such a change initiative in place.
What were these organizations thinking when they spend weeks or even months to conceive, champion and launch these change initiatives in the first place? My guess is that these hospitals, systems and IDNs were thinking that somehow or someway these change initiatives had a life of their own and didn’t need to be nurtured, re-tooled, re-invented and re-energized from time to time to sustain their momentum.
Nothing lasts forever if it isn’t given a new coat of paint, thorough clean-up and reinforced when it is weakened by the ravages of time. We see this observable fact with our Lean Value Analysis Programs. If our clients don’t provide the on-going leadership, discipline, maintenance, coaching and training to sustain their value teams’ efforts, then this mission critical change initiative will inevitably die on the vine.
From our experience, a well-planned change initiative has, at its core, transformation elements like balanced scorecards, annual training, planned team member turn-over and twelve-month retreats to keep the cobwebs from forming.
Otherwise, it is nearly impossible to keep the thrust, energy and impetus of your change initiative at a high level of performance without investing the requisite time and life force to fine-tune the human side of your change management equation. Partner In Savings Beyond Price™
Your Partner In Savings Beyond Price™
Robert T. Yokl
Robert T Yokl
Chief Value Strategist
Strategic Value Analysis® In Healthcare
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How value analysis techniques are not being utilized to the fullest potential and thus missing out on savings.
April 30, 2008 - 1:00pm EST.
Webinar Leader - Robert T. Yokl, President/Chief Value Strategist Strategic Value Analysis in Healthcare
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