Quality Improvement in Hospitals

By Lukasz Mazur, University of North Carolina: Along with my colleagues, we have recently published an article focused on improvement behaviors: Mazur, L.M., McCreery, J., and Chen, S-J. Quality Improvement in Hospitals: What Triggers Behavioral Change? Journal of Healthcare Engineering, vol. 4, no. 4; pp. 621-648, 2012. We learned that improving operations in hospitals is […]

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The Value of Human Life

By Ra’Ed Jaradat Placing a price tag on something that most people would deem priceless could prove to be a difficult task. However, determining a monetary value for life is sometimes necessary. Fahrenthold (2008) discusses an example used by the Federal Consumer Product Safety Commission in 2008 where a proposal was made to make mattresses […]

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SEMS Says: Sustaining Organizational Transformation through a People, Process and Leadership Focus

Sreekanth Ramakrishnan, Ph.D. IBM Corporation Lean and Lean Six Sigma business transformation initiatives have become a business imperative for many organizations in just about every industry sector. While many organizations are attempting to implement these methodologies; the vast majority of them fail to meet their business transformation objectives and/or fail to sustain their business transformation […]

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The Big Why – my 70/30 rule

By: Marianne Jackson: If anyone has missed the TED talk by Simon Sinek (http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html), stop reading this and give yourself 18 minutes of truly valuable listening.  The talk clarified for me what is the most frequently missing ingredient when we try to make organizational changes.  It explains the resistance we will always meet if we […]

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How to become a sustainable company?

By: Carla G. Machado (PUCPR/Brazil), Edson Pinheiro de Lima (PUCPR-UTFPR/Brazil) and Sergio E. Gouvea da Costa (PUCPR-UTFPR/Brazil) Professor Robert Eccles and Dr. George Serafeim from Harvard Business School and Kathleen Perkins, president of Miller Consultants, published some interesting results of a large research program on “Innovating for Sustainability” in the 2012 Summer Edition of MIT […]

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Personalized Medicine vs. Lean Health Care

By Lawrence Marks, MD. Short Version: The application of lean to healthcare is most reasonable when healthcare is viewed from a broad perspective.  The analogy between “making cars” and “caring for patients” becomes less valid as one delves into the more-granular aspects of healthcare. Lean  =   Healthcare (broadly) Lean  X=X  Healthcare (at the microlevel) Long […]

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Enterprise Analysis of Two Competing Corporations Part II – through Balance Sheets

By Dhirendra Kumar, Ph.D. Balance sheet shows the health of the business as of a specific date – generally, quarterly or annually.  Balance sheet presents the business assets and liabilities, and the net balance or equity.  This equity could be positive or negative.  Equity is also known as net worth. Net worth = Assets + […]

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