CHEF President's Corner
Raymond J. Swisher, FACHE
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One of the repeated pieces of feedback we receive from CHEF members is the high value they place on networking and educational opportunities. This July 16 from 6 - 8 pm is another chance to mingle with your colleagues and hopefully meet new ones. The venue is at Access Community Health Network, 600 W. Fullerton, Ste 200, and will be sponsored by our friends at First Transitions. As a special treat, we will also be acknowledging several individuals who were recently chosen for a Recognition Award by ACHE.
The ACHE Recognition Program was designed to acknowledge the contributions of ACHE members to healthcare management excellence through their volunteer service to their profession, their chapter and ACHE. So please come out and help us celebrate this distinctive honor!
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Exam Online Community Offers a Complimentary Interactive
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Members preparing for the Board of Governors Examination can access the Exam Online Community as a complimentary and supplementary resource that can boost their confidence and help them succeed. The Online Community is an interactive platform to learn and glean study tips from other Members taking the Exam. Plus, there is the opportunity to discuss Exam topics with experts for better understanding and the option to participate in study groups. Interested Members can join the Exam Online Community atbogcommunity.ache.org.
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Avoid Wasted Time to Boost Productivity
-Adapted from "This Weekly Meeting Took Up 300,000 Hours a Year," by Michael C. Mankins, Harvard Business Review Blog Network, http://blogs.hbr.org.
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How much time does your organization squander? My colleagues and I gathered data about time use at one large company and found that people there spent 300,000 hours a year just supporting the weekly executive committee meeting.
Some of that time was productive, no doubt. But organizations in general can be remarkably cavalier about how they invest their scarcest resource, the time of their people.
How companies can use time effectively is just one piece of a larger and ultimately more important puzzle: how to increase the productivity of their people. Boosting human capital productivity (HCP), we have found, is a powerful and often-neglected pathway to better performance.
Our research quantifies what's at stake. Using a decade's worth of data for the S&P 500, we looked at revenue per employee, a crude but useful measure of HCP. Then we compared those figures with each company's financial performance. Since revenue per employee varies widely among industries, we confined our comparisons to companies in the same business.
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A Message from your ACHE Regent
Anita J. Halvorsen, FACHE
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ACHE Members of the
Metropolitan Chicago area,
Let's continue the theme of
setting ONE GOAL at a time.
Achieve just ONE, celebrate,
and move to the next. It doesn't need to be as audacious as the Chicago Blackhawks, but make it personal, make sure it directs your days, and focuses your attention. Mine is to kick off my Regent term by supporting you - EACH of you - however I can. That might be by introducing you to Chapter activities reinvigorating your national ACHE involvement to make an introduction between members....the point is - have a goal, and pursue it until you achieve it!
Members ask me, "What does a Regent do?" The ACHE Council of Regents are elected FACHEs who work with the chapters (in our case, Chicago Health Executives Forum), the ACHE Higher Education Network (for Metropolitan Chicago, HEN programs are: Governors State University Health Administration, Loyola University Chicago MBA Healthcare Management, Northwestern University Health Industry Management Program, Rush University Health Systems Management, and University of Illinois at Chicago Healthcare Administration Program) and others in the local healthcare community, to deliver programs, products and services to healthcare executives, faculty, students and the supplier community. And the next question is, "What does that mean, for me, the ACHE member?". Regents help to provide advice to ACHE on policy to best serve their members, reach out to the member (and non-member) healthcare community at an executive level to keep abreast of local needs, help to provide greater value of ACHE on each HEN campus and provide career guidance to students, recent graduates, non-healthcare managers seeking to enter the field and those already in the field who wish to advance in their careers.
Click here for the full article.
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Save The Date!
Healthcare Consultants and Physician Executives Forum Programs
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The Physician Executives Forum and Healthcare Consultants Forum launched last year to provide added value to physician executive and healthcare consultant members via tailored resources to meet these groups' unique professional development needs.
A one-day education program is a cornerstone benefit of both Forums that offers an affordable learning and networking opportunity. Dates and location for these programs are as follows:
Healthcare Consultants Forum Education Program Sept. 12, 2014
Chicago Marriott O'Hare
More details available at ache.org/HCForum
Physician Executives Forum Education Program Oct. 11, 2014 Hyatt Regency O'Hare More details available at ache.org/PEForum
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Cars and Healthcare - Competition and Compliance
C. Richard Panico, President and CEO Integrated Project Management Company, Inc.
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The perspectives of new competitors changed the market dynamics considerably. The newly imposed regulations and rising consumer dissatisfaction with the quality and reliability of U.S. manufactured autos represented a huge opportunity to enter a previously impenetrable U.S. market. The conditions inspired innovative Japanese and other foreign manufacturers to develop new business models and manufacturing processes appropriate for the new market conditions and consumer-informed requirements. What appeared to be overnight, companies like Toyota, Honda, Datsun/Nissan, and others began to flood the U.S. market with high quality, dependable vehicles at price points welcomed by insightful consumers. These new business models were supported by processes and cultures that deeply integrated the voice of the customer and quality into procedures and mindsets. Methodologies that included for example, 4-M, Lean, Total Quality, and Six Sigma revolutionized what had been stagnated U.S. models, processes, and most importantly, mindsets.
From the early 1970s into the 1990s, the U.S. auto industry struggled to overcome paradigms that inhibited progress and the ability or willingness to change. The inflection point that should have been recognized years earlier was either denied or ignored. What ultimately became painfully obvious were two alternatives: change or die. Not only was change essential, but the change had to occur more precisely and rapidly than ever before, as procrastinators realized the accelerated erosion of their markets.
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A special welcome to our newest members of the Chicago Health Executive Forum.
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_________________ Contact Us
Chicago Health Executives Forum
1240 Iroquois Avenue, Ste. 106
Naperville, Illinois 60563
Ph: 630/428-3211
Email:
Web Site:
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