Learning for life: Managing for value

Life
Long Learning and Continuing Professional Development (CPD) are the processes
by which professionals, such as nurses, develop and improve their practice.

There
are many ways to address CPD: formally, through attending courses, study days
and workshops; or informally, through private study and reflection. Reading
articles in professional journals is a good way of keeping up-to-date with what
is going on in the field of practice, but reflecting and identifying what you
have learnt is not always easy. These questions are designed to help you to
identify what you have learnt from studying the article. They will also help
you to clarify what you can apply to practice, what you did not understand and
what you need to explore further.

1
Inappropriate attendances at the OH department have dramatically reduced
because of

a)
Introducing a treatment service
b) Making the treatment service appointment-only
c) Re-educating all levels of the workforce
d) Re-educating employees about attendance times

2
MFV stands for

a)
Managing For Victory
b) Managing For Value
c) Maximising For Victory
d) Maximising For Value

3
A company’s success is measured by

a)
The greatest wealth for shareholders
b) Large profit margins
c) Maximum output for minimum outlay
d) The greatest turnover

4
Which are two of the four steps of the MFV procedure

a)
Options assessment and evaluation
b) Options assessment and planning
c) Options formulation and assessment
d) Options formulation and evaluation

5
The quality of the OH service was jeopardised due to

a)
The nursing service promoted nanny services
b) Making OH staff more accessible
c) High demand of customers with minor aliments
d) A leaflet promoting OH service

6
Before the introduction of MFV how many employees did not have access to a
treatment service?

a)
50,000
b) 60,000
c) 70,000
d) 80,000

7
Before the introduction of MFV what percentage of the surgery attendances were
for minor ailments or conditions that should have bee treated by a GP?

a)
25 per cent
b) 40 per cent
c) 55 per cent
d) 80 per cent

8
How many possible options were put forward for improving the service?

a)
Three
b) Four
c) Five
d) Six

9
After the introduction of the chosen option the number of inappropriate
attendance dropped by what percentage?

a)
30 per cent
b) 40 per cent
c) 50 per cent
d) 60 per cent

10
Which one of the following is a "key driver"

a)
Accident prevention
b) Sickness absence
c) Manual handling
d) Staff appraisal

Feedback

1c

2b If you have access to the Internet carry out a search for information
on "Managing for Value" and "Value Based Management".
Discuss your findings with a respected colleague or your clinical supervisor.
Consider specifically how you feel this fits with healthcare.
3a, 4d, 5c, 6c, 7d, 8c, 9a, 10b

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