Business organisation and policy Essay Example | Topics and Well Written Essays - 500 words - 1

Business organisation and policy - Essay Example Moreover, when large companies expand their limits considerably they wanted to focus on more important activities in the business function rather than small internal functions. Outsourcing also functions on similar concepts. It has been seen that companies have increased their outsourcing and off-shoring dependency. These arrangements include both rewards and risks to the companies, but outsourcing is not an easy task. There are certain steps with the help of which the risks can be minimised and rewards can be earned at each and every stage. The term outsourcing means contracting external providers for performing certain functions for the company. This includes services related to information technology, development, maintenance, support or production. There are BPO (business process outsourcing), call centres and human resources. The key drivers that can be considered for outsourcing functions is generally to reduce the operating cost, development, increasing sales and reduction of other internal costs of the company. The focus is more on the core competencies and when the company focuses on tapping the vendors to integrate the best practices and innovation. Increasing the scalability and the flexibili ty of the operations or for gaining access to low cost human capital might also be a driver for outsourcing (Ernst & Young, 2005, p. 10-12). It should be kept in mind that most of the time outsourcing fails due to various reasons. Outsourcing comes with certain combination of risk and benefits. If they are not well managed then both internal and external risks can adversely affect the performance of the business. In order to deal with the complex risks, companies must go for holistic risk management approaches. In this regard the issues of outsourcing life cycle can be included. Each stage of this life cycle describes

Using Improvement Science Models to Promote Quality and Safety Term Paper

Using Improvement Science Models to Promote Quality and Safety - Term Paper Example 14). This paper offers an analysis of two improvement models and how they could foster a culture of quality and patient safety and facilitate changes in process that promote positive outcomes. Subsequently, this paper elucidates how one of the models could be used to address prolonger clinic wait times in Brookwood Medical Center and how it relates to one of the IOMs six aims for improving quality and safety. As an example of a quality improvement model, Plan-Do-Study-Act (PDSA) is a quick, chronological, and collective erudition model that presents significant information on factual results relating to the continuing efforts of the health care delivery team (Institute for Healthcare Improvement, 2012). In this model, an initiative for change is recognized in the planning stage, execution and quantification of the initiative conducted in the doing stage, and evaluation of the information to be quantified conducted in the study stage (Ernst et al, 2010). Based on the results of the assessment, a decision to either approve or discard the initiative is done in the acting stage. In other words, change processes are directed by a continuous process of compilation of information (Ernst et al, 2010). Therefore, quality processes that promote patient safety are adopted while strategies to improve on processes or systems resulting to substandard outcomes are initiated. In so doing, a culture of q uality and patient safety is promoted. The second model of improvement is the change acceleration process highlighted by Polk (2011), and is achieved through innovation and the lean six sigma. In the lean sigma method, the need for change must be defined, measured, and analyzed (Polk, 2011). Subsequently, a procedure for remedial actions must be formulated, and the achieved outcome quantified using relevant measures in order to ascertain whether the intended outcome has been achieved (Polk, 2011). This process,