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SPANNING THREE DECADES OF VALUE MANAGEMENT LEADERSHIP

February 12, 2003

Finding A Senior Executive Level CHAMPION Is A Requisite For Your Value Management Success!

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Robert T. Yokl - President - The HCP Group, Ltd.

“ One Common Trait Of Successful Value Management Programs Is Finding The Executive Management Connection In Your Health Care Organization”

 

Bottom up initiatives are commendable, but from my experience top down initiatives work best when a hospital or healthcare system’s executive management team buys into, is committed to, sets the tone and direction for any initiative.  It all starts with finding a senior executive level CHAMPION for your new or refined value management program within your healthcare organization’s executive management team to sponsor your new or refined value management programTypically, the best champions are your CEO, COO or CFO, because of their clout and status in your healthcare organization.  If it is impossible to enlist one of these top executives in your campaign for some reason, then any of your vice presidents can be a strong candidate for sponsoring your value management program.  The key here is that you must find a high level executive to FIGHT FOR, DEFEND AND SUPPORT your value management initiative in the short term and long term or you could quickly find the doors to your executive suite closing on you and your ideas before they even have a chance to take hold.  Let me give you an example of what I’m talking about.

 

It All Starts With Finding A Champion! 

A 350-bed community hospital in the southwest engaged my firm to assist them in refining their current value management program (and even paid their first payment on our fee), but when we arrived to give the hospital’s executive management team an orienta-tion on what to expect from their new value management program the only reaction we got were BLANK STARES AND NO QUESTIONS. Shortly thereafter, the new initiative was cancelled by a phone call from their material manager.  After investigating what when wrong with the start-up of this value management program, we found that although the hospital’s material manager was promoting this new program to her executive management, she didn’t enlist one member of the hospital’s executive management team as a champion to prepare the way, defend, or fight for her new program. When she found that there WAS LITTLE OR NO INTEREST in reinventing her current value management program, she was left to her own devices to try to resurrect her old value management program, with little or no success, because she had the doors closed to the executive suite before she even got her program off the ground.

The good news is that one year later, the hospital’s executive vice president visited the office of this same material manager and asked WHAT EVER HAPPENED TO the new value management program she was promoting about a year ago, since he now needed this type of program to SAVE MONEY on his next year’s budget.  After she got off the floor from the shock, she told him she was still high on the program, but she didn’t think anyone else was.  He told her that attitude would change, since he was now SPONSOR-ING the new value management program.  Further, he asked that she call my firm and get us back to the hospital as fast as possible for a new start-up orientation to the executive management team.  He told her if there were any further issues to be dealt with regarding this new program, she was to come to him for any decision or guidance necessary to make this new program successful this time around. 

Let me repeat again….

“The Executive Management Connection” always begins with finding a CHAMPION within your healthcare organization’s executive management team to sponsor your new or refined value management program.  WITHOUT A CHAMPION ON YOUR SIDE, it will be next to impossible to move forward with your value management program. All you can do is wait for the right opportunity to wage your campaign again with a strong champion on your side.

 

Robert T. Yokl, President, The HCP Group, Ltd., has over 35 years of experience as a consultant and manager in the field of Supply/Value Chain Management and is one of the country's leading healthcare experts in value analysis, value engineering and materials management. He is the developer and program leader of the award winning Certified Value Analysis Practitioner Training Program™. Mr. Yokl is also the developer of the healthcare industry's leading ValueNetCentral™ Value Analysis Software. Over the past two decades he has trained thousands of healthcare managers in his patented Strategic Value Analysis™ and Team-Based Project Management™ processes and has assisted scores of organizations in developing their own value management programs. He has published six books, videos and audios on supply/value chain management. His latest book being, “ Strategic Value Analysis™: The #1 Smart Strategy for Taking Cost Out of a Healthcare Organizations’ Supply/Value Chain”.

 

 
Advancing Healthcare Organizations to the Next Level of Supply Chain SavingsTM