Traits of Being Successful Part 3

June 24th, 2009 by admin

Take action. Rather than getting stuck in the paralysis of analysis, successful professionals live in the field of action. They tend to bulldoze through multiple projects simultaneously. They tend to make decisions before all the facts are in. In a study or Fortune 500 CEOs, the typical CEO makes a decision when 30%-70% of the relevant information is in.

Model what works for others. You won’t find a highly successful person doing his/her own taxes. However he may call 20 of the most successful people in his/her circle of influence to get the name of a great accountant.

Rather than reinvent the wheel, these success-minded people tend to keenly observe what works around them and try to implement it into their lives by “modeling successful behaviors.”

 

Respect and learn from more successful people. Rich people tend to not get immobilized feeling envious of others. They tend to seek them out and learn from them. Business guru Jay Abraham advocates taking a millionaire out to lunch once a month. Successful people are often surprisingly generous when it comes to sharing their wisdom and contacts with someone who has a genuine desire to improve their situation. Better yet is to form a mastermind group that meets monthly to allow the flow and interchange of best practices and ideas from a number of highly successful people. The clients in our mastermind groups learn the fastest because they process the new material at such a high level.

Invest in education. If you think education is expensive, try ignorance. Financially successful people are constantly learning, growing, and challenging themselves to be better people—not just at making money, but at everything. High education and intelligence correlate with high self esteem. Why not take advantage of that fact and commit to education in all facets where it is important to you.

Information supplied from Healthleaders Media

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Traits of Being Successful Part 2

June 24th, 2009 by admin

Work to the clock. the best thing in the world is a deadline.

 

Working to task and to the clock, keeps you crisp, focused, and efficient. The structure of deadlines and commitments improves performance in the same way a speed skaters performance improves when her coach is measuring her performance with a stop watch.

 Build championship teams. You can’t become extremely successful at anything alone. You not only need the help of others, but you need the help of the very best people you can find.

This means that you have to have all the team members talking together and you have to sell them on your plan, your vision. I often hear from clients that their staff just doesn’t want to work, doesn’t want to be told what to do, and basically hasn’t bought in to the vision of the practice.

Have high self esteem. Every one of us functions at peak levels when we align our values with our actions. In our consulting group, we insist that every client goes through a values clarification exercise at least quarterly. When your actions contradict your innermost values and beliefs, you experience stress, worry, frustration, and even anger and resentment. It has been said that every human problem can be solved by a return to values. Yet so few organizations approach workplace problems this way.

 

 

Information from Healthleaders Media

 

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Traits of Being Successful Part 1

June 24th, 2009 by admin

Focus on the future. Successful people in all areas of endeavor tend to focus on an idealized version of the future. They think about what things would be like if they were perfect and then they focus their energies on bridging the gap from where they are now to where they want to be. Successful people don’t get caught up focusing on the problems, challenges, worries, and frustrations of today.

Keep score. Many professionals are renowned for impulsively putting high ticket items on their credit cards, presumably as a way to distract from the stresses of their career. Expenditures—both business and personal—must be considered carefully. Will the expenditure bring in more revenue? If so, how much and when?

Plan better. The rich tend to have their day’s work planned the night before, organized into lists for better follow through.

Information supplied for Healthleaders Media

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What Does it Mean to be LEAN?

June 17th, 2009 by admin

Lean is about having a drive for simplicity and the power of knowledge.

One of the biggest areas that is forgotten in Lean is respect for people. If a company has properly trained individuals they can in many cases help your facility make a profit. Laying people off and eliminating jobs is not lean. The company may not have as much in salaries, yet they are losing the knowledge their employees have which could make a difference in their success. Lean is about thinking for the long-term, not the short-term.

People are not a liability that accounting professionals tries to impose on a business. Employees that are  properly trained, supported, and acknowledged for their value in the company are an asset.  Knowledge,  and experience cannot be measured on a accounting balance sheet.  Employees are worth far more than what we pay for a simple pair of hands.

With this downturn in the economy all businesses should look at Toyota. They have not downsized any one in their fleet of employees. They are making a profit. When we do not use the talents of the staff we have, companies are bound to not be at their top best.

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HIPAA Violations and Potential Fines

June 10th, 2009 by admin

At a facility we distribute color-coded badges to visitors and patients that indicate the wearer’s destination by floor. The facility’s mental health clinic is the only treatment center on its floor. Some mental health patients visit other areas of the hosptal like the cafeteria or gift shop, which is open to work force members, visitors, and other patients, before their appointments. Could this be considered a HIPAA violation, given that employees, visitors, and other patients might know the color of the floor where the mental health clinic is located?

This probably violates HIPAA and/or state privacy laws. Most states consider a patient’s mental health information especially protected. Requiring a color-coded badge indicative of an appointment at the mental health clinic violates HIPAA because it constitutes a disclosure of the patient’s medical condition.

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Poor Management Traits Can Lead T Loss Of Profits

June 4th, 2009 by admin

Do you have any leaders with these traits?

1. Lack Clear Vision

2. Poor Judgement

3. Do not follow stanards they set for others

4. Resist new ideas

5. Do not learn from mistakes

These are some of the traits seen by the big companies filing bankruptcy or are in poor financial shape.

 

 

The Worst Leaders

 
Source: Harvard Business Review, June 2009
The Worst Leaders
 
Source: Harvard Business Review, June 2009

 

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