Presentation is loading. Please wait.

Presentation is loading. Please wait.

Strategizing the Future Making Good Management Decisions.

Similar presentations


Presentation on theme: "Strategizing the Future Making Good Management Decisions."— 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 Defining the problem or opportunity stimulating the need for a decision Develop relevant alternatives Assess the alternatives Choose an alternative Implement the decision Evaluate the decision and make necessary follow-up decisions Becoming aware that a decision is needed Feedback The Decision- Making Process

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

6 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 value of benefits value of costs

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/ http://www.cdc.gov/nccdphp/dnpa/hwi/ Marketing Professionals and Professors http://www.marketingprofs.com http://www.marketingprofs.com Wellness Councils of America http://www.welcoa.com 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?


Download ppt "Strategizing the Future Making Good Management Decisions."

Similar presentations


Ads by Google