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Survival
of the Fittest—and Smartest
Author: Carolyn
Merriman, President |
As
our economy experiences fits and starts
with ethics, war and economic uncertainties,
these elements have had a lasting impact
on employment and occupational health programs.
To survive, it takes not only staying power,
but also a commitment to build a sound strategy
and carry it out in every aspect of your
program and organization.
Our work with clients takes us from coast
to coast, to organizations of all sizes.
But the messages we hear share a common
theme: Organizations are asking for ways
to beat the odds and be a smart survivor.
Here are some tips we’ve shared along
the way:
1. Revisit your plan. Review your business
strategy, focus and desired outcomes. Make
sure they are in alignment with your organization
and resources.
2. Review your market research and intelligence.
Business communities grow, shift and contract.
Evaluate where your current business is
and where you have opportunities. Determine
how to address opportunities proactively
and with limited resources.
3. Refocus your sales and marketing efforts.
Develop 90-day critical sales plans with
identified target prospects of value alongside
current customers who have growth potential.
If possible, incentivize growth in business
that is profitable for your program.
4. Audit your operations and expenses. While
most programs have extracted blood from
a stone through cost cutting, it may be
time to check on other ways to cut costs.
Revisit your vendor contracts, supplies,
leases, cell and phone service, staff productivity
and overtime/contract staff pay.
5. Finally, while there is short-term pain,
remember to stay focused on the long-term
strategy. Make sure you’re investing
adequate resources in customer retention
and new business growth in your program.
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Carolyn
Merriman is president of Corporate Health
Group, a national healthcare consulting
firm and is based in Rhode Island. For
additional information, please call
1-888-334-2500 or contact
us via the Web. |
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