Suppose a vendor made you this proposal: “Pay us to take your employees off the job for medical tests that the government specifically says are unnecessary, and then send them to the doctor (at your expense) even though the Journal of the American Medical Association (JAMA) says healthy adults don’t benefit from checkups. We also want you to bribe or even fine employees to drive participation. Despite this adverse morale impact and wasted time and money, we promise you’ll reduce your healthcare spending, mostly because we’ll make up the savings numbers.” Here’s a solution.
Lean is one of the biggest management ideas of the past 50 years, says McKinsey’s Ewan Duncan and Ron Ritter in the current issue of the McKinsey Quarterly. It may have started in assembly plants and other factory settings but it has moved into services ranging from retailing and healthcare to financial services, IT, and even the public sector. How might CEOs outside of manufacturing apply some of these insights to their companies?
Keeping and chasing jobs remains a top priority for America’s governors. Chief Executive sought responses from governors on how their states are ranked in the 2013 version of the magazine’s increasingly influential annual, “Best States / Worst States for Business” ranking. To vote in the 2014 survey click on this link : Best/Worst Survey
Prior to the President’s State of the Union address, National Association of Manufacturer’s (NAM) chairman Doug Oberhelman (CEO of Caterpillar) and NAM president Jay Timmons posted this article on Real Clear Politics offering a challenge to our political leaders in taking steps to revive manufacturing. They cite the Skills Certification System as a critical pillar in our manufacturing economy.
Will 2014 mark the beginning of the end for employer-sponsored health insurance as we know it? Target recently announced that it will no longer provide health insurance for its part-time employees. Trader Joe's and Home Depot also made similar moves. Why? Some experts say it’s because of Obamacare. Others are not so sure.