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My Vendor Role Experience Annie Moore-Cox PhD, RN
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At least two new terms or ideas about power or business that you didn’t know before One example of how understanding your power in a situation will help you get something you want 5/1/2015Moore-Cox 2
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My Journey to a Vendor Organization Definitions of Power Why Power Matters Power in the Marketplace Nursing's Power in the Marketplace 5/1/2015Moore-Cox 3
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Becoming a Nurse Something’s wrong with birthing and I can fix it by going to nursing school Becoming a Teacher Something’s wrong with nursing and I can fix it by teaching Working for a Vendor Something’s wrong with healthcare and I can fix it by developing solutions 5/1/2015Moore-Cox 4
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And why nurses lack it in healthcare 5/1/2015Moore-Cox 5
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Control Influence Domination Ability to get things done Ability to marshal resources including people Expert Power- influencing others through knowledge and skills Transformative and healing power 5/1/2015Moore-Cox 6
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Traditionally female profession Women have not been socialized to exert power Power often ascribed to males Power is considered antithetical to caring Nurses have had difficulty acknowledging their own power 5/1/2015Moore-Cox 7
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a workplace that has the requisite structures that promote empowerment; a psychological belief in one’s ability to be empowered; acknowledgement that there is power in the relationships and caring that nurses provide.” Source: Manojlovich, M. (2007), http://www.nursingworld.org/MainMenuCategories/ANAMarketplace/ANAPeriodicals/OJIN/TableofContents/Volume122007/No1Jan07/LookingBackwardtoInformtheFuture.html?css=print 5/1/2015Moore-Cox 8
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“Nurse leaders recognize that understanding and acknowledging power and learning to seek and wield it appropriately is critical if nurses’ efforts to shape their own practice and the broader health care environment are to be successful.” Source: Ponte, et. al., 2007, http://www.nursingworld.org/MainMenuCategories/ANAMarketplace/ANAPeriodicals/OJIN/TableofContents/Volume122007/No1Jan07/tpc32_316092.html 5/1/2015 10 Moore-Cox
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Our Time has Come! 5/1/2015Moore-Cox 11
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Healthcare as business Education as business Take Away #1: We all work in a vendor organization 5/1/2015Moore-Cox 12
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All businesses have responsibilities to: Their customers/patients/students Their employees/faculty Their investors/stock holders/taxpayers The public 5/1/2015Moore-Cox 13
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Honesty Integrity Respect Perseverance Servant Leadership Always tell the truth Always keep your deals Don’t hurt anyone Try harder than all our competitors Care for our customers, our community, and each other 5/1/2015Moore-Cox 14
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CostsRevenue Volume of Sales Revenue from Sales of Goods and services Costs of reaching customers Costs of Goods and Services 5/1/2015Moore-Cox 15
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5/1/2015Moore-Cox 16
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Honesty Integrity Trustworthiness Knowledge Deep understanding of customer needs Ability to listen carefully and understand Persistence The. Best. People. Skills. Period. Problem Solving ability 5/1/2015Moore-Cox 17
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Our unfailing, undying, unwavering commitment to safe, quality patient care. 5/1/2015Moore-Cox 18 Take Away #2: This is the source of our power
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You can have power too! 5/1/2015 19 Moore-Cox Source: USNEWS.com
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HIGHER EDUCATIONHEALTHCARE Decreasing government aid $1 Trillion student loan burden Federal government scrutiny of outcomes For profit colleges Technology Pay for performance vs. fee for service Patient centered care Technology The Learning Health System Unsustainable costs of care Baby Boomers heading for old age 5/1/2015Moore-Cox 20
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Traditional Lecture 3 Hour Class = 3 Credits x $100 per credit Bedside Clinical 6 Hour Clinical = 2 Credits x $100 Loss=$7,000 40 Students Tuition=$8,000 5 faculty= $15,000Profit=$9,000 40 Students Tuition= $12,000 1 Faculty= $3,000 Note: Clinical and lab are not governed by clock or seat hours. Usually they are set at 2-3 hours to one credit. Note: State BONs and Hospitals specify low faculty: student ratios for clinical practice; 8:1 is avg. 5/1/2015Moore-Cox 21 Take Away #3: If you understand the college’s source of revenue and loss you will get a seat at the decision making table faster.
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Limited capacity for product development Workforce challenges Fiduciary responsibility to investors/stock holders Forever putting together business cases to get funded Competitive environment Poor leadership Travel Fast pace Ostracization from peers Difficulty maintaining ones own area of expertise and/or scholarship 5/1/2015Moore-Cox 22 Take away #4: Don’t work for a vendor if you don’t like to travel
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The Drive for Profit outweighs all other concerns. 5/1/2015Moore-Cox 23
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When someone tries to sell you something….run. 5/1/2015Moore-Cox 24
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“Nurse leaders employed as vendors commonly are branded with a ‘V’ as in ‘villain’” (Moorman, 2010) 5/1/2015Moore-Cox 25
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WWFD (What Would Florence Do?) Source: http://appsmediatama.net/tag/florence-nightingale-quotes-24-science-quotes 5/1/2015Moore-Cox 26
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annie.moore-cox@atitesting.com 5/1/2015 27 Moore-Cox
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