1 / 11

Strategizing the Future

Strategizing the Future. Making Good Management Decisions. Decision Making Defined. Making a choice between two or more alternatives Problem-solving decisions… made to solve existing or anticipated problems

nessa
Download Presentation

Strategizing the Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Strategizing the Future Making Good Management Decisions

  2. Decision Making Defined • Making a choice between two or more alternatives • Problem-solving decisions… made to solve existing or anticipated problems • Opportunistic decisions… made to advance accomplishment of a program or project’s desired results

  3. Involving Others in Decision Making • Autocratic (I) – Managers make decisions alone • Autocratic (II) – Managers obtain information from others but make decisions alone • Consultative (I) – Managers exchange information with relevant participants individually but makes the final decision • Consultative (II) – Managers exchange information with relevant participants as a group but makes the final decision • Group (II) – Managers exchange information with relevant participants as a group and work with the group to reach a consensus decision

  4. The Decision-Making Process Feedback

  5. Using Data to Inform Decision-Making • Data for decision-making presentation

  6. value of benefits value of costs Assessing Alternatives and Evaluating Decisions Based on Cost • Cost-benefit analysis • Define costs • Assign a value to those costs • Define benefits • Assign a value to those benefits • Cost-benefit ratio (Z) = • Compare ratio of current to ratio of alternative

  7. Cost-Benefit Activity (Hypothetical) • Project: Work with medical personnel and a nursing case management team to follow best practices for the use of Proton Pump Inhibitors (PPI) in the treatment of Gastric Reflux (GERD)

  8. Background • Currently 10% of the 15,000 employee workforce are being treated with PPIs • Current practice (based on claims analysis): • Visit to doctor results in 12 month Rx for PPI • Patient fills Rx for all 12 months • Approximate cost for a 1 month supply (30 pills) of 10 mg pills is $200 • Evidence-based practice: • 14 days of combined PPI (can use over the counter) and antibiotic ($180 for 2 weeks) • 8-10 weeks of additional PPI treatment (again, can be OTC) • Note… 10 mg OTC costs $.80/day

  9. Compare… • What is the cost of the current treatment for one year? • What is the cost of the evidence-based treatment plan? • Data suggests that if the evidence-based 12-week treatment plan isn’t effective in treating GERD, then treatment other than use of a PPI should be considered; however, most often the treatment is successful and additional treatment is not needed. • What would be the cost-benefit ratio for the current treatment as compared to the evidence-based treatment if the value of the benefit remained constant? • What would be the cost-savings if all 10% of your population were successfully switched?

  10. Websites to View • CDC: Healthy Worksite Initiative http://www.cdc.gov/nccdphp/dnpa/hwi/ • Marketing Professionals and Professors http://www.marketingprofs.com • Wellness Councils of America http://www.welcoa.com

  11. Designing a Website… • You have been asked to design a website for the local wellness council. A site that would lead “Wellness Leaders” in your community to key resources that can help them develop workplace wellness programs. • What would your ideal website contain? Why?

More Related