Cleveland Clinic Executive Summary

1332 Words3 Pages

Organizational Overview and Value Creation

Both Cleveland Clinic and MD Anderson followed the easiest (yet most difficult route for many organizations) path to success: putting patients’ needs first. I was personally more taken in by the Cleveland Clinic’s model because I, as a business owner, had applied similar tactics and witnessed incredible results in my own consulting practice. Cleveland Clinic’s model and growth strategy was methodical, time-driven, and fully thought out prior to expanding in other areas, cities, state or other parts of the world. It felt organic and driven by need more than the desire to gulp a larger share of the health care market. According to Small (2015) of fiercehealthcare.com, Cleveland Clinic reduced unnecessary lab tests by using fewer and standard supplies to cut expenses by $500 million in 2014. This phenomenon makes me question the art of defensive medicine where doctors order as many tests possible to rule out a series of disease on the planet. That is a waste of time, talent, resources, and the medical education system (along with our care and lawsuit obsessed culture) needs to …show more content…

Once the brand was established, they had credibility, trust, and investors who were willing to take added risk to finance projects anywhere on the globe. There are only a handful of organizations that command such power and respect and both MD Anderson and Cleveland Clinic are the member of that exclusive club. Time will tell how long that honeymoon will last in our rapidly changing health care universe but I am positive that Cleveland Clinic is better positioned than MD Anderson for the long-term

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