-
Good Pharmacy Practice – It solves the Problems of Moving Forward
Pharmacy Practice is undergoing a review process in Australia because the primary source of income (the PBS) for community pharmacy has reached the end of its life-cycle. The future of the Pharmaceutical Benefits Scheme indeed looks bleak so re-modelling of dispensing services is unavoidable. Many aspects of Australian pharmacy practice have been one of the best…
-
It’s time for a new prescription
The community pharmacy is fighting to survive amid aggressive price disclosures, high expenses and pressures from wholesalers. Yet, the treatment of slashing costs and pushing discounts only focuses on the symptom of financial turmoil, rather than treating the root cause of the problem. The financial turmoil facing the pharmacy industry is a symptom of a…
-
Marketing Focus – Essays on Management and Marketing Issues
INTRODUCTION Time could be against you. Business owners and managers who have addressed the consequences of GFC (Global Financial Crisis) and the mining sector downturn with cost cutting and operations refinements may contend that they are now well placed for an economic upturn. It could be a long wait. So many indeterminable variables are, and…
-
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…
-
The Pharmacist Advocate – Happenings in a Global Pharmacy on its way to you!
Editor’s Note: In March 2016 i2P published an article by Peter Sayers regarding the globalisation of Australian community pharmacies (read http://i2p.com.au/understanding-the-impacts-of-a-global-pharmacy-invasion/ ). We also published well before the last election that Medicare privatisation issues would became the focus of that election and that the election would be basically fought on health. Future elections are likely to keep…
-
Throw The Map Away And Just Use The Compass
One of my hobbies is genealogy and I find it deeply satisfying when I can apply some areas of this discipline to my professional activities. For example, the origin of surnames for when I am involved in a formal interview, I will often use the patient’s surname as a conversation starter by asking the patient…
-
Four trends that will drive future health policy – PGA analysis
A recent bulletin was issued by the Pharmacy Guild of Australia (PGA) that gave an insight into the thinking behind the 7CPA preparation that will commence shortly. i2P thought that this would be an excellent point in time to contribute comment in a constructive manner. Hopefully a “think-tank” process may evolve where input can be…
-
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…
-
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…
-
A lesson in making mistakes
Try to remember the last time you uttered the words, “I made a mistake.” Was it painful? Expensive? Career-changing? Or therapeutic? When my kids were young, they used to sing along with a little ditty on “Sesame Street” that went something like this: “Everyone makes mistakes, so why not you?” That’s the wisdom of children…