Foundations in Business Principles: Module 3

The Secrets to Making it Work

In this module we share insights on the benefits of financial transparency with your team and the framework for measuring and reporting on your practice's stats. In “Transparency: Tell Your Team the Truth!” We emphasize the importance of transparency and how it impacts patient care, team experience, and business success. In “Tracking: The Mindset and Framework for Measuring Stats” we teach you how to get your team on the same page regarding financial goals and give you the framework to start measuring KPIs. Moving on to “Engagement: Why and How to Involve Your Team” we provide different options for tracking stats and outline a method for measuring and reporting on them. Finally, in “The Power of Knowing the Whole Story” We review the benefits of financial transparency with your team, including increased engagement and understanding of how team members fit into the bigger picture. 

Learning Goals:

• Learn how to create a culture of transparency and collaboration around financial goals.
• Embrace the mindset that in order to continue to provide exceptional patient care, you must pay attention to the business, starting with measuring key performance indicators. 
• Develop a culture of accountability and growth by involving your team in measuring and reporting stats, they start to see how their individual actions can impact the overall success of the business.
• Give your team financial knowledge and watch how they understand how their roles fit into the bigger picture and become more invested in the success of the practice.