A recent article published by Pharmacy Owners walks the reader through the use of SWOT Analysis, which is a simple, but powerful, tool that can aid a business in identifying its strengths, weaknesses, opportunities, and threats. Step one is to complete all four quadrants of the SWOT...
When it comes to specialty pharmacies, the concept of measuring outcomes is quite complex, writes Joe Thomas in a recent article for Specialty Pharmacy Times. Because of the nature of their work, specialty pharmacists establish strong lines of contact with their patients, communicating frequently about...
Oddly enough, there are a number of important lessons the community pharmacy industry can learn from the example of the auto industry. Though these industries vary greatly, they share the common attribute of having transformed dramatically over the last century. A recent article submitted to...
Remaining competitive as an independent pharmacy can be challenging. A recent article by McKesson looks at pharmacy innovation and how you can adapt to a rapidly changing environment. Expand clinical programs and utilize software to track performance – Clinical service programs are necessary for pharmacies...
Tried and true business principles can sometimes be the easiest to overlook when managing your organization. Pharmacy Development Services put together an article offering a few simple business tips that can help you reenergize your independent pharmacy. Study the Competition- Observing how pharmacies of similar...
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What could Disney have to do with pharmacies? Oddly enough, a lot. A recent article published by The Honest Apothecary, the first in a series on the subject authored by Jason Poquette, discusses Disney culture and how it can be applied to the healthcare business...
Running a successful pharmacy is more difficult than ever, especially for independent businesses. In a recent article for Telepharm, Zach Schladetzky recommends five strategies for pharmacy owners to consider when seeking to maximize their business’ potential: Collaborative practice agreements—the creation of a formal relationship between...
In today’s world of social media, online reputations—and their management—are becoming more and more important every day. A recent article published by Pharmacy Staffing espouses the importance of this topic, considering the following questions: What is Online Reputation Management (ORM)?—the author writes that ORM is “basically...
In a recent article for Pharmaceutical Executive, author Michelle Maskaly recounts the content of a recent panel discussions at the FT US Healthcare & Life Sciences Summit in New York City, where executive recruiters presented thoughts on the characteristics that future pharma leaders will possess....
