Value does not follow cost. Cost has nothing to do with value.
Category: Value
Value is what’s important to your customer. Not to you.
From an economics viewpoint, value is receiving more than what is given up in exchange. That’s why a customer or a client or a patient buys.
If value, to you, exceeds the price you pay, you got a good deal. Price is what you pay, value is what you get.
Today, there’s no longer even the “promise” of lifetime employment. “Retirement” as in replacement, replacement just like an old machine, is as far off as the next layoff or the next outsourcing.
If you were going to sell your house, you’d make sure that it’s put into decent or even prime shape before listing it, right?
There’s always more that you can do to improve your business’s health. To strengthen its position. To improve its chances of survival and beyond.
Why hospitals are destroying themselves, and setting their CEOs up for termination, when they bring in national groups and “contract management companies.”
Hospitals often use surveys as a weapon to attack hospital-based groups. No matter who runs the survey, they are prone to error, misuse and out right abuse. In fact over the last three decades, I’ve never seen a medical staff survey that wasn’t defective. Querying all of the psychiatrists on staff about the quality of […]
The move by hospitals to “strengthen” hospital-based departments, and the hospital’s own finances, by outsourcing to so-called national groups and “contract management companies” might just result in the destruction of the hospital. The chances are even higher that it will end the careers of many hospital executives. Over the last 30 to 40 years, both […]