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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

Having Insurance (Risk Buffer). Be it health, car, or home insurance; the idea is to have a buffer against unexpected damage or health issues. Such flexibility not only allows for real-time optimization but also leads to more efficient resource management. Keeping a Spare Tire (Risk & Resource Buffer).

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A Tool for Balancing Your Company’s Digital Investments

Harvard Business

Support investments are those that improve business efficiency and management effectiveness but, in themselves, do not sustain the business or provide any competitive advantage. They are about achieving cost reduction and efficiency improvements through automation or meeting government requirements. Selecting project managers.

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How Much Gold Should Someone Own? Where and How To Own It?

MishTalk

There is no fixed answer, but rather a general methodology that I like: Do not invest outside your comfort zone. Remember, if you do choose physical possession, you will need theft insurance or some other means of ensuring its safety. Periodically I receive questions on gold ownership. How much should one own, and where?

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Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees

Harvard Business

For centers remaining in consideration after these initial steps, PBGH and HDP perform an in-depth site visit utilizing a patient tracer methodology. This process-improvement methodology includes workflow redesign, error proofing, best-practice implementation, cost bundling, financial risk sharing, and outcomes measurement.

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3 Things Are Holding Back Your Analytics, and Technology Isn’t One of Them

Harvard Business

The model simultaneously compared sales of different types of products with local demographic and financial statistics to come up with a single efficiency measure for each salesperson relative to their peers. Methodology. The dichotomy continues when it comes to methodology.

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The Promise and Challenge of Big Data for Pharma

Harvard Business

To be sure, anonymized insurance-claims data and electronic health record (EHR) data has been accessed and analyzed for many years. One of the biggest is how to make the transition from legacy technology and analytical competence to more-powerful and sophisticated analytical tools and analysis methodologies.

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Substitute Doctors Are Becoming More Common. What Do We Know About Their Quality of Care?

Harvard Business

However, our analysis did find that patients treated by locum tenens physicians have slightly higher costs of care and longer lengths of stay, which raises the possibility that they deliver modestly less efficient care. Alternatively, locum tenens could simply be less efficient clinicians. Our study was recently published in JAMA.

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