
OPEN MINDS Management Newsletter
Understand new business models and pick up the latest management best practices in our monthly how-to guides on trending issues. Knowing the market–and knowing how to manage your way to success it that market–are two different issues. For thirty years, we have written "how to" guides on management practices–guides with our field-tested models developed by our senior advisors and case studies that illustrate the challenges and tips for success.
By Monica E. Oss, Chief Executive Officer
There is certainly no end of demand for health and human services right now. Given this situation, you would think that health care provider organizations would be in great strategic and financial position. But that is not the case. In this issue of the OPEN MINDS Management Newsletter, we present a thorough “how to” guide for conducting a market-focused service line portfolio analysis to help executive teams make tough decisions about the service lines that have the greatest sustainability for their organizations.
Read MoreBy Joe Naughton-Travers, Ed.M., Executive Editor, Management Newsletter
Service line portfolio analysis—and good market intelligence—aids your executive team in making decisions about what type of investment to make in your current service lines and which new service lines you can offer to complement your current portfolio and for which there is a market need. It also pinpoints the service lines that are worth sustaining and which should be considered for closure.
Read MoreBy Joe Naughton-Travers, Ed.M., Executive Editor, Management Newsletter
This article focuses on the matrix tools useful for advancing the discussion of service line strategy, including profitability, market risk-reward ratio, and service diversification—advanced tools for ongoing portfolio management. While there are many matrix models that can be used, the four views of service line data that we use most often are the Mission-Profitability Matrix; the Market Growth-Market Share Matrix; the Risk-Reward Matrix; and the Diversification-Risk Matrix.
Read MoreRecent Issues
- Making Strategic Service Line Decisions: When To Add, When To Fix & When To Eliminate The OPEN MINDS Management Newsletter, June 2022
- Planning Growth With Service Line Portfolio Analysis: The OPEN MINDS Management Newsletter, May 2022
- Metrics For Success—The Strategic Technology Framework: The OPEN MINDS Management Newsletter, April 2022
- Connecting Consumers To Services – How To Make Social Media Work: The OPEN MINDS Management Newsletter, March 2022
- How To Develop A Social Supports Service Line: The OPEN MINDS Management Newsletter, February 2022
- How To Improve Your Organization’s Financial Strength: The OPEN MINDS Management Newsletter, January 2022