When the market delivers a challenging event
The great management thinker, W. Edward Deming, once said, “Any manager can do well in an expanding market.”
This point is absolutely still appropriate. The first impulse most managers have when faced with a challenge is to spend more money to address what they believe to be the problem. This may mean a new training program or a new technology system. Invariably, the solutions posed by most consultants are tied with some kind of expensive product or system. Too often, these suggestions are shot down by a Board of Directors or C-Suite that are concerned with, “throwing good money after bad” or spending more capital with increasingly smaller returns.
In his excellent book, “Antifragile,” Nassim Taleb challenges us to think of this state as, “fragility.” Then, he presents two other potential states. One is referred to as a “robust” organization and the other is, “antifragile.” Both of these are organizations that are not so negatively impacted by market forces. This week’s video by Dr. Alan Barnard does a great job of explaining these ideas at a memorable talk at the 2015 TOCICO conference in South Africa.
Considering this challenge that we all face as managers and would-by leaders, what can we do to prepare ourselves for when the market delivers a challenging event? Is your healthcare organization fragile, robust, or antifragile?
Most importantly, please identify 1 idea gleaned from this class that could be adapted into your professional context that would assist you in making your organization less fragile. Take that idea and make a workable plan (2 or 3 action items). Finally, conclude your discussion post with a question soliciting some additional specific ideas from your colleagues.
The Definition of Love
As the word reference includes new words every year and alters the definition, we saw a move in the meaning of adoration. Today, the meaning of adoration that is commonly acknowledged is "energetic scene" (Webster). This idea of adoration starts with delineation in Hollywood Media, prompting the loss of history and the genuine significance of that word. Love is characterized as "compelling feelings to family members and family members" and "feelings dependent on applause, benevolence, or regular intrigue" (Webster), yet the ongoing definition is generally like what is by all accounts the fascination of Hollywood It is.
Meaning of adoration The meaning of affection is typically the feeling being investigated in reasoning, religion, writing, as sentimental love, club for other people, or love for God as characterized in the Encarta Encyclopedia. At the point when I looked into definitions through the Internet, books and articles, I saw that the definitions changed altogether, yet they have a similar essential comprehension. - Since the word reference includes new words each year and alters the definition, we saw a move in the meaning of adoration. Today, the meaning of affection that is commonly acknowledged is "energetic scene" (Webster). This idea of affection begins with portrayal in Hollywood media, prompting the history and genuine importance of lost words.
What is the meaning of adoration? A conventional definition shows that adoration is a compelling feeling, beguile realized by sexual want, and energy or love. These definitions are right, yet the words have a more profound importance The words have feelings, decisions, or even perspective. Love is superb; regardless of whether you attempt it is unthinkable, you can not live without it. Indeed, even a youngster's toy, a pet, a notable individual, everybody has something profound, so it is difficult to live without adoration. For instance, kids have most loved toys and covers, and youngsters like their "sheltered ones". Regardless of whether it's anything but a living thing, they will have solid emotions against it. Realizing that the proprietor likes it will cause creatures to feel secure, recapture regard and make their proprietors safe. This time we entered the adoration for others for another sex.