Marc Portrait

LAST CHANCE!
'More with Less' Webinar
October 16th - Register Below


REDUCE MISTAKES

More with Less is the Second Step in our Six Step VALUOCITY Technology © - a technology designed to ensure viability of dental practices in the new economy.

In More with Less, first and foremost is Effective Communication which we described in a recent newsletter. The second element is applying the methodology of Metrics to areas of poor or underperforming aspects of the practice, which we addressed in the last e-letter. The third element in More for Less is actually a natural extension of the first two, Effective Communication and Metrics, is Reduce Mistakes. This e-newsletter deals with mistakes.

Mistakes are costly. Clinical mistakes put you at risk, are expensive, and often have long term consequences. Most dentists apply significant resources, time, training and money to reduce clinical mistakes. Nevertheless, clinical mishaps and mistakes occasionally happen. You are dealing with a biologic, complex and chaotic system, a human being. But for the most part, in nearly all dental practices these kinds of mistakes are minimal.

On the other hand, there are many more mistakes made on the business side of the practice. Mistakes in scheduling (staff as well as patients), ordering, confirming, receivables, 3rd party administration, overtime, etc. These mistakes are constantly occurring.

The primary difference between the dentist's relationship with mistakes at the clinical level and those at the administrative and management level is tolerance. Dentists are intolerant of mistakes made with patients, but they are much more tolerant of mistakes made in administration. Why is that?

In clinical dentistry, the dentist is an uncompromising advocate for the patient, the defender of their health, their well being and their satisfaction. In the business of dentistry, however, the dentist is unwilling to be the staunch defender of integrity of the business of practices and its processes. Why? Because it has the potential of causing confrontations and conflicts with staff. The dentist prefers the status quo to the rigor and demand required to challenge staff to perform at a level where mistakes are minimized.

In those "Good to Great" companies, the customer comes first. Mistakes are not tolerated around customer interactions and service, but the same level of intention is also applied to internal functions. Spend a little time at Cisco, Intel or Proctor and Gamble and you'll see that managers and senior executives are intolerant of under performance and mistakes.

If you are willing to raise the level of intolerance and be truly committed to reducing mistakes, then I suggest the following; for the next few weeks, observe and note mistakes that are made at a high frequency. Decide on and apply a metric to the area and measure the frequency of mistakes. Then, make powerful and direct requests and continue to measure. My assertion, backed by the evidence, is these mistakes will be dramatically reduced or eliminated.

Take the low hanging fruit first. Then, each week, each month, reduce or eliminate a common mistake. What you will find is that the level of integrity will rise and so will the results along with it. Mistakes will never be eliminated, but given the cost not only in money and time as well as the loss in terms of integrity, confronting and handling mistakes will increase the strength and performance of the practice.

Our next step in the VALUOCITY Technology© is 'Manage by the Margin.' This 3rd element in our technology is designed to ensure viability of dental practices in the new economy. In this series, we'll be speaking about a different mind-set on the goals, outcomes and financial objectives of a dentist in private practice. 'Managing by the Margin' will be the focus of our next three eNewsletters as well as our December Webinar.

Dr. Marc B. Cooper
The Mastery Company
MasteryCompany.com




MORE WITH LESS WEBINAR
This Webinar will address the cardinal elements of applying specific principles and processes to your practice to get more output with fewer resources.

Please join us on Friday, October 16th for our 3rd in this series of Webinars.

Start Time: 11:00 AM (Pacific)

Duration: 90 minutes

REGISTER NOW!



VALUOCITY
A Fable for Dentists

Dr. Marc B. Cooper & Dr. Mark E. Silberg
Available November 2009 on Amazon.com
Or Pre Order at The Mastery Company


Copyright © 2004-2010 Dr. Marc B. Cooper & The Mastery Company - All Rights Reserved.

Comments or Questions - metrix@emisar.com

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