Remove Activity Based Costing Remove Development Remove Management
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A Closed-Loop Strategy Execution System

Six Disciplines

Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. By creating a closed-loop management system, companies can avoid such shortfalls. Discipline I. Discipline IV. Discipline IV. Work The Plan , and Discipline V. Discipline VI.

System 98
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A Closed-Loop Strategy Execution System

Six Disciplines

Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. By creating a closed-loop management system, companies can avoid such shortfalls. Discipline I. Discipline IV. Discipline IV. Work The Plan , and Discipline V. Discipline VI.

System 85
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The Transformed Map of a Recovering Management Accountant

Deming Institute

We call this approach Professional Management, and have developed a system to implement it influenced by Dr. W. Tom Johnson, an economist and self-described “recovering management accountant,” is well known for his early contributions to the traditional accounting profession. Edwards Deming and other great thought leaders.

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Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

But if you develop a strong habit of using active voice, you'll largely prevent convoluted, backward-sounding sentences in your writing. It may be convenient to refer to COGS instead of spelling out "cost of goods sold." Don't write "The closing documents were prepared by Sue"; instead, write "Sue prepared the closing documents."

VBM 13
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Health Care Providers Need a Value Management Office

Harvard Business Review

A “value management office” can greatly enhance an institution’s ability to improve outcomes and costs across the enterprise. ICCI now has five full-time employees with expertise in analytics and project management and three part-time graduate students. Integrate quality data into care delivery.

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Case Study: When to Drop an Unprofitable Customer

Harvard Business Review

Tommy was a director and Jane was the Midlands regional sales manager for Egan & Sons, a supplier of doors and staircases to Westmid for 63 years. The lack of traceability and transparency extended to the costs for specialized equipment that was used only for particular products or customers. He wasn't looking forward to this visit. "Oh,

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Getting Bundled Payments Right in Health Care

Harvard Business Review

They have successfully used bundled payments to capture the value created by cost-effectively delivering superior patient outcomes. Their experiences reveal three keys for successful bundling: excellent data on outcomes and costs, proactive management of the patient, and alignment between physicians and hospitals.