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Get to the root of your problems
A rancher left 17 horses as a bequest for his three children. When the rancher passed away, his children opened his will. The will stated that the eldest child should get half of his 17 horses. The middle child should get one-third of the 17 horses. The youngest child should be given one-ninth of the…
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For Future Growth & Stability – Add an Advisory Board
Pharmacy Practice requires a clearly defined infrastructure (physical and conceptual) before the product of a pharmacy practice can be delivered. Since the bottom of the last pharmacy business cycle in 2012 there has been a general realisation that pharmacy culture must change to a new paradigm and deliver a new end product – but a…
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STEM Education and Thoughts for an Advisory Board
Editor’s Note: Since pharmacists have been able to incorporate their practices. not a great deal of effort has been invested at the top end of a practice, particularly a community pharmacy practice, in the area of forward-thinking and thought leadership. This is probably because pharmacy incorporation was restricted to registered pharmacists and that meant taking…
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Mean girls who impede the success of other women
Editor’s Note: My generation has long lived with the concept of the “glass ceiling” for women in senior management positions and as pharmacy owners. I have never personally felt that I was discriminatory against women in any workplace situation that I was involved with, but I guess that is really for others to judge. But…
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Marketing Focus – Miscellaneous Essays on Management & Marketing
BUSINESS RELATIONSHIPS – NOW TRANSACTIONAL My, how things have changed. The nature of, and expectations for most business relationships in 2016 are now founded and valued on single transactions, and short-term relationships. Put aside the well crafted vision and philosophy statements about customer-centricity, client-driven and mutually rewarding strategic alliances. Reality is, that for…
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A Cautious Introduction of Marijuana into Your Pharmacy
Recently, an Israelis company lodged an application to approve its topical cannabis derived products for sale in the Australian market place. So topical marijuana may be the first entrant in the Australian pharmacy market. Some marijuana products already exist in the retail market place – but they are for external use only. Hemp oil, for…
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Avatars May Take Over Patient Communications – Where to from there?
Global Pharma’s are known to be funding the development of systems to deal directly with patients. These systems will involve the use of Artificial Intelligence and the use of Volumetric 3D immersion technologies. The former will allow delivery of technical information through well modulated voice transmission, while the latter will provide an “avatar” transformed from…
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Marketing Focus – Essays on Management & Marketing
HOLD BACK THE TIDE A measure of just how much some union officials are out of touch is the current mass media advertising campaign being conducted by the Shop, Distributive and Allied Employees Association in Western Australia. In essence, it is a personal attack on the West Australian Premier, Colin Barnett, and his legislative initiatives…
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Fast Food Leading the way – Annihilate Dispensing or Enhance it?
The fast food industry is rapidly moving to replace employees with robots to eliminate payroll, health benefits and human unreliability. It will prove to be a template for pharmacy evolution and it’s under way right now. Also, it’s very likely that, within your professional lifetime, you’re going to see a huge revolution in robotics. It…
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Digital Nomads – Providing Clinical Services That Appeal
There’s a growing opportunity that is emerging among professionals who are adapting to a nomadic lifestyle. You don’t have to be “grey” to qualify for the lifestyle – and it can accommodate any age. It does however, require a full confidence in your knowledge base and have some tech-savvy skills in addition. Welcome to the…