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Actual for You - Standardize Your Processes to Produce Best Results
The DVD business can be very lucrative because customers are buying DVDs on impulse, for entertainment, and as gifts.Compound the above reasons with the high perceived value of DVDs, and you can see why it’s such a profitable business.By understanding each reason you will be able to make money in the DVD business.DVD Business Reason #1DVDs are bought on impulse. When ever a low priced item is offered to customers, and when that item can offer an immediate benefit to the c
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same sid
If you are considering freelance work, there is one mistake you should avoid as you go freelance. Don’t undercharge for your services.Many new freelance professionals fall into this trap. They are so anxious to start working as a freelance professional that they charge too little for what they do. Here is why that is a big mistake.First, you only have so many hours in a day, so if you don’t charge enough, then you simply won’t make the kind of money that you are hoping for. You have
Standardization helps save time. As things become routine, a process is easier to do and is done more quickly. For instance, if a primary care physician makes sure that the necessary items for a patient visit are always in the examining room, the doctor won’t have to waste time going to look for supplies and waste time for the patient or the doctor. I recommend that primary care physicians along with staff sit down and list the things that should always be in examination rooms and make sure someone is responsible for these items every morning before patients arrive. If this is done, the doctor can save time, thereby enabling him or her to spend more quality time with the patient or see more patients.
Standardization saves money. Most doctors face rising malpractice costs, but for one group this has not been true—anesthesiologists. According to an article in the June 21, 2005 edition of the Wall Street Journal, this group over two decades ago began implementing procedures that ensured the safety of their patients. Certain processes have been standardized across the profession so instead of one death per 5000 cases, there is now only one per 200000 to 300000 cases. Because of this, their malpractice insurance premiums plummeted.
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same side
Most of the eye contact research being done recently is around people telling the truth. And there is substantial research that eye contact communicates caring and interest. For introverts in one to one communications this is a naturally strong asset.I have good eye contact when listening.In the medical field and in the professional speaking profession, the statistics bear out that if you want someone to know, feel or see that you are listening to them, then you want to have eye c
Standardization helps save time. As things become routine, a process is easier to do and is done more quickly. For instance, if a primary care physician makes sure that the necessary items for a patient visit are always in the examining room, the doctor won’t have to waste time going to look for supplies and waste time for the patient or the doctor. I recommend that primary care physicians along with staff sit down and list the things that should always be in examination rooms and make sure someone is responsible for these items every morning before patients arrive. If this is done, the doctor can save time, thereby enabling him or her to spend more quality time with the patient or see more patients.
Standardization saves money. Most doctors face rising malpractice costs, but for one group this has not been true—anesthesiologists. According to an article in the June 21, 2005 edition of the Wall Street Journal, this group over two decades ago began implementing procedures that ensured the safety of their patients. Certain processes have been standardized across the profession so instead of one death per 5000 cases, there is now only one per 200000 to 300000 cases. Because of this, their malpractice insurance premiums plummeted.
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same sid
While I’m a strong advocate of hiring virtual assistants, there are two things that no entrepreneur should ever fully delegate: marketing and bookkeeping. The marketing and the bookkeeping of your business can easily make or break you (just think “new” Coke and Enron). That said, if bookkeeping is not your forte, hire someone to do it – you will save so much in frustration – just be sure to keep your fingers in the books.If you choose to hire a bookkeeper, keep the following in mind:atient visit are always in the examining room, the doctor won’t have to waste time going to look for supplies and waste time for the patient or the doctor. I recommend that primary care physicians along with staff sit down and list the things that should always be in examination rooms and make sure someone is responsible for these items every morning before patients arrive. If this is done, the doctor can save time, thereby enabling him or her to spend more quality time with the patient or see more patients.
Standardization saves money. Most doctors face rising malpractice costs, but for one group this has not been true—anesthesiologists. According to an article in the June 21, 2005 edition of the Wall Street Journal, this group over two decades ago began implementing procedures that ensured the safety of their patients. Certain processes have been standardized across the profession so instead of one death per 5000 cases, there is now only one per 200000 to 300000 cases. Because of this, their malpractice insurance premiums plummeted.
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same sid
Go on Google or Yahoo and type in "make money" and see what kind of ads that show up on the paid listing section on the search page. There will be ads saying something like "make thousands a day!" or "you can make $50,000 your first month my way!". Before you click on those ads, think about the all the possibilities if you were able to make that much money daily or monthly. Now think about the possibility of that actually happening. It sounds easy, and those advertisers will make it sound so easy,
Standardization saves money. Most doctors face rising malpractice costs, but for one group this has not been true—anesthesiologists. According to an article in the June 21, 2005 edition of the Wall Street Journal, this group over two decades ago began implementing procedures that ensured the safety of their patients. Certain processes have been standardized across the profession so instead of one death per 5000 cases, there is now only one per 200000 to 300000 cases. Because of this, their malpractice insurance premiums plummeted.
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same sid
Key Indicators allow you to track the health and growth of your business. By deciding what values are critical, then measuring them over time, you can determine exactly where you are in your progress towards your business development goals.Most business owners would argue that they have a ‘good feel’ for their businesses. This is probably true but it is not sufficient to be successful. The Key Indicators in your business need to be defined and a schedule established to track and measure your pr
Standardization prevents errors, as in the above illustration. Another example is drawn form a local hospital. Recently the Chief Financial Officer of the institution and I were discussing the new facility they were building. Instead of building adjacent rooms so that the bathrooms would be back to back to save plumbing costs, each room was designed so that each room will be exactly the same with bathrooms all on the same side. Why? This will prevent errors and in the long run save money for the hospital.
It is best if you can measure standardization. The best tool to measure standardization in statistics is variance or standard deviation. I am sure many of you have encountered this measure, but probably cannot calculate it. The best way to calculate it is either in a spreadsheet or on a calculator. For example, the standard deviation for the numbers 8, 12, 1, 4 and 5 is 4.18. For the group 5, 5, 5, 5, and 5 the standard deviation is 0, since there is no variety. So, when you are trying to standardize a process, see if you cannot find some significant measure that reflects the process and try to reduce the standard deviation as much as possible. In fact, this is the heart of Six Sigma—reduce the standard deviation as much as possible. The best manufacturers and service providers often use this tool.
Once you have standardized a process and have achieved a satisfactory standard deviation, then write down the process in a manual that is a collection of all best practices. This way, anyone who needs to reference how a process should be conducted can refer to the manual. Too, it is an excellent training source for new employees.
As you can see in these brief illustrations, standardization or the lack of variance provides safety for patients, a savings of time for the provider and patient, and contributes to an improved bottom line.
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