What does it take to make a dentist in private practice? Beyond basic aptitude for the job, you’re looking at four years of postgraduate education (or more if you’re a specialist). Add to this a possible residency and all of the continuing education you might have done for purposes of enhancing, maintaining or staying up-to-date [...]
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A couple of weeks ago we delivered our “Overhead and Profitability” seminar here at MGE. Over the course of the weekend, some of the stories I heard from clients got me thinking about another angle on all of this overhead business. Beyond this, there’s an aspect that’s often overlooked: results.
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While as I’ve mentioned in previous posts, I avoid the mainstream media, I think you’d have to be living under a rock not to have heard about the “Debt Ceiling Debate.” It’s like being in a storm. When things look rough (or actually are rough) you can either stay level-headed, keep your wits and observe what’s really going on or you can become a piece of debris blowing in the wind. It’s simply a matter of viewpoint. Obviously staying level-headed enables you to take logical action. Blowing in the wind just makes you a part of the storm and leaves you more confused, upset and further away from a solution.
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If you’re doing things right, your business should expand. Expansion and practice growth are desirable and quality control has a big part in achieving this. Many things can “derail” during expansion (or attempted expansion). Reasons behind these instances of course vary.
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A while back, I had a survey done on a number of dentists. One of the questions centered on what they felt was the primary source of stress in their practice. The top four answers were given here.
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As a rule, I avoid mainstream media. Actually, I more or less avoid all media. Whether it comes via the internet, TV, radio or newspapers, what passes for “news” generally does nothing more than make you feel a little (or a lot) worse about existence in general.
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Often your hardest workers are the last ones to complain about someone who isn’t doing their job. They might grumble under (or over) their breath about how Steve didn’t finish something and now they have to. But even that’s rare. I always found this funny.
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What does staff turnover cost you? Over the years I’ve heard numbers from a few thousand up to tens of thousands of dollars. A simple Google search of “Employee Turnover Cost” will lead you to a number of studies and articles on the subject, along with how the results are calculated. Maybe you’ve run into [...]
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About me…
Hello and welcome to my blog! I’m the Chief Operating Officer of MGE: Management Experts, Inc., a management training and seminar company for health care professionals. 