How To Develop A New Service Line: The 2023 OPEN MINDS Seminar On Building A Diversification Strategy & Conducting A Feasibility Analysis
This presentation took place at The 2023 OPEN MINDS Management Best Practices Institute. Joseph P. Naughton-Travers, EdM, Senior Associate, and Deanne Cornette, MHA, GPC, Senior Associate, for OPEN MINDS;reviewed everything you need to know about developing a new service line starting with analyzing your current service lines to determine strategic options for diversification. Executive attendees will learn how to create a structured approach for selecting new services for your organization while ensuring they are financially sustainable, develop a costing model for launching new services, and create a structured service line feasibility analysis and development process.
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