MBA Intelligence

November 8, 2012

Bi-weekly information and advice to manage optometric practices
from the Management & Business Academy™ (MBA)
Sponsored by Alcon and Essilor

mba-ce.com ALCON.com essilorusa.com Contact Us

New Implementation Track:
Optometric Staff Leadership


Staff Leadership

A new MBA Practice Growth Implementation Track titled "Optometric Staff Leadership" has been posted on the MBA site. Detailed here is a 13–step guide to realizing your position as CEO of your practice. This includes strategies for improving communications with staff, reviewing staff policies and office processes, and developing quantitative performance goals. This is the third in a four–part series of MBA Practice Growth Implementation Tracks designed to set in motion the practice–improvement techniques and strategies presented in MBA seminars and materials.

READ MORE »

Measure to Manage:
Track Categories the MBA Way
Mark Wright, OD, FCOVD

Mark Wright, OD, FCOVD, of the MBA faculty, advises OD practice owners to depart from traditional accounting categories and to track categories the MBA way. This means identifying and monitoring categories for cost of goods, payroll, overhead, equipment, etc. This will help in fulfilling the number-one rule of business: measure to manage.

Divider

Business–Building Resources

MBA Insights Online: Light the Path to Leadership
In the current issue of MBA Insights, now available in an online edition, Dr. Mike Rothschild provides strategies to empower your staff—and free yourself to become more effective practitioner.

MBA Business Management Tools: RIPs
A new installment of MBA Business Management Tools, called Rapid Improvement Projects (RIPs), outlines the basic process for establishing practice improvement priorities and implementing RIPs to achieve both short– and long–term goals.

MBA Market Research: Staff Management Survey
Results from the recently conducted MBA Staff Management Survey allow you to examine staff hiring, compensation and management practices. The report also details OD desires for staff improvements.

MBA Updates


Carole Burns, OD


divider

Join the MBA community
Register as a reader:
MBA-ce.com

Divider

Now Available:
MBA Metrics Compendium


Since 2005 the MBA has gathered detailed information about U.S. independent optometrists’ work hours, financial performance, staffing, product usage, fees and office processes. This large database enables calculation of reliable performance benchmarks which ODs can use to assess their own performance and set improvement priorities. This information has now been gathered into a Compendium which presents the complete body of MBA performance metrics and practice characteristic data, showing performance ranges in deciles and by practice size groupings.

Click here to view the MBA Metrics Compendium.

READ MORE »

About the MBA

The Management & Business Academy™ (MBA) is a professional education program, sponsored by Alcon and Essilor, dedicated to assisting independent optometrists to improve business management processes. The MBA conducts live seminars, conducts on-going research to establish national optometric practice performance metrics, publishes MBA Insights (a quarterly practice management journal) and maintains www.mba-ce.com (a premier practice website with business-building resources).

MBA logo

Copyright © 2012 Management & Business Academy™ (MBA). All rights reserved. Reproduction in whole or in part without permission is prohibited.