Metric

Global Rolled Products (GRP) business recorded an after tax operating income of $ 52 million boosted by an 18 % year-over-year growth in auto sheet shipment. Driven by a shift in revenue mix towards higher margin products, the adjusted EBITDA per metric ton increased 19 % year-over-year. In the Engineered…

article that GDP makes wrong measurements and is not sustainable, and that there are other metrics to replace GDP. Happiness with the well-being of the economy is important and while economists tend searching for alternatives to GDP it needs to be improved. As to Fox’s article on the well-being of the economy I disagree with what he mentions. GDP is a good method for the economy’s and there are indeed other metrics that can be used to develop more progress, but I believe it should not be…

Risk Management. Risk management involves analyzing any foreseeable factors that may lead to a project not proceeding as planned, and should be part of the project planning process (CSU-Global, 2013e). Risk management is generally analyzed in the planning phases, executed throughout the project, and continually addressed during monitoring and controlling phases, therefore, risk management is an essential component to reaching satisfactory project results. Weaknesses in a risk management system…

Real-time adjustments by staff to variation in workflow is clearly important to provide a high quality of care, have efficient patient flow, meet reimbursement objectives, and allow a reasonable quality of work-life for staff. These are not just mechanical sequences of pre-identified tasks, but are contextual and have high variability across patients, providers, units, and organizations. There are variations in workflow at multiple levels, and workflow for individual patients combine to create a…

“It’s one of the contradictions of life inside Amazon.” (Stone, 2013) Amazon spends a lot of time and money to gather data to create metrics that run the online store. These metrics are the deciding factor on what is working and what is not; what features to keep or what features need to be removed. Yet, the customer always comes first, and one customer's bad experience could alter the way Amazon's processes. Because of this, Amazon undergoes continuous improvement: “an ongoing commitment to…

When reviewing the Middleboro Physician Care Services case we learn that it is a for-profit corporation that was founded in 2008 and offers non-emergent care services within two locations. One of them at the Alpha center outside of the city limits of Middleboro and the other is at the Beta center in Jasper. Both of these locations offer ambulatory medical care services that are provided on a walk in basis. These centers do not offer any emergency services, and if a patient were to arrive that…

Discuss three performance metrics that you would utilize as a healthcare leader to determine the effectives of your operation. Patient Wait Time First impression last, they said. The time between checking in and seeing a provider indicate many things: proportionality of staff and patient’s ratio, efficiency of care flow, competency of healthcare workers, scheduling, the level of readiness to respond to mass casualty and so on. The CDC reported that between 2003 and 2009, mean wait time to see…

Indicators such as unemployment rate, inflation and GDP are vulnerable to misrepresenting the economic climate through issues revolving around how their information is collected and whether that they can accurately describe the full picture. While these metrics are commonly used, they only provide a rough measurement of what is happening in an economy. Gross Domestic Product (GDP) is commonly used to measure the…

Physician Care Services, Inc. (PCS) is own by three physicians who each own a percentage of the stock, three owns 20 percent and one percent. PCS is a for-profit corporation founded in January 2000 and offers nonemergent care services in two locations at the Alpha Center which is outside the city limits of Middleboro in Mifflenville and at the Beta Center in Jasper, which is close to the Jasper industrial park and suburban neighborhoods. PSC goals are to provide the best medical care for their…

When it comes to the wage gap, it is important to identify where an institution is lacking and begin to implement the recommended solutions as needed. Evaluating metrics annually will provide results and show if the steps taken are creating the needed change. The continuous evolution of procedures and policy pertaining to wages and hiring are necessary. Stagnancy will only allow the issue to resurface; remaining proactive…