Watch the video of Lee Cockerell, then proceed to the discussion prompt below.
******* Note : I’m not able to copy the link for the video but literally says:
“After 9/11 our business went down 35%, overnight immediately cancellations cause nobody was willing to get on airplane and we had to figure out how to save some money to get our operating income into some kind of format where we were making the right income based on the reductions in all of the customers coming and the idea was, let’s not shoot fireworks every night “, this would save millions. I mean we shoot more fireworks than anybody in the world and this was a multi-million dollar decision, and there if was in front of us and we had to decide what to do.
(Lee Cockerell former Executive Vice President of operations of Walt Disney world)
Finding ways to save money is an important part of every business plan. How would you handle this dilemma that Lee was faced with? Place yourself in the role of a healthcare leader, you are faced with limited resources and budget constraints. How do you address the needs of your patients under these conditions? How do you maintain morale when the financial decision-making stakeholder dictates a reduction in resources (hours, staff, supplies, etc.) while maintaining normal business operations?
Watch the video of Lee Cockerell, then proceed to the discussion prompt below.
******* Note : I’m not able to copy the link for the video but literally says:
“After 9/11 our business went down 35%, overnight immediately cancellations cause nobody was willing to get on airplane and we had to figure out how to save some money to get our operating income into some kind of format where we were making the right income based on the reductions in all of the customers coming and the idea was, let’s not shoot fireworks every night “, this would save millions. I mean we shoot more fireworks than anybody in the world and this was a multi-million dollar decision, and there if was in front of us and we had to decide what to do.
(Lee Cockerell former Executive Vice President of operations of Walt Disney world)
Finding ways to save money is an important part of every business plan. How would you handle this dilemma that Lee was faced with? Place yourself in the role of a healthcare leader, you are faced with limited resources and budget constraints. How do you address the needs of your patients under these conditions? How do you maintain morale when the financial decision-making stakeholder dictates a reduction in resources (hours, staff, supplies, etc.) while maintaining normal business operations