Remove Activity Based Costing Remove Innovation Remove Leadership
article thumbnail

Master the PRIMES

Leading Blog

Fixing involves corporate improvement programs like Activity Based Costing, Six Sigma and others.”These Creating is about transformation—imagination, declaration, invention, and innovation. These tools are effective when a better past is the desired outcome, but they’re dead weight in the business of transformation.”

Six Sigma 284
article thumbnail

The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

These efforts were part of the providers’ quest to increase the value of their care delivery — in other words, achieve better outcomes at the lowest-possible cost. Each Mayo Clinic value-improvement project must: gain senior leadership support, including an approved charter. Gain senior leadership support.

Mayo 8
article thumbnail

Health Care Providers Need a Value Management Office

Harvard Business Review

Two pioneers in establishing such a centralized group are the Houston-based University of Texas MD Anderson Cancer Center and the Hospital for Special Surgery (HSS), a specialty hospital for musculoskeletal care based in New York City.