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The King and I – Shall we Dance?
Speculation is growing that the King Review – a review of future pharmacy options for the federal government – has been asked to consider two additional options: * Open ownership including supermarkets and foreign operators. * A government-owned franchise model involving full nationalisation of the pharmacy sector. The reasons given for the investigation of these…
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Value Over Profit ?
When pharmacy comes under financial pressure it always looks for a “quick fix” and it usually takes the form of concentrating resources and focus into various retail channels of activity. Even though pharmacists are criticised for expanding their retail offering and daring to create survival profits, it is a necessary activity to ensure that the…
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The Amazon Supermarket (and Pharmacy) Coming to a Place Near to You
Just before Christmas 2016 i2P alerted pharmacists to a global retailer (Amazon) making plans to enter the Australian market with a massive retail offering (see http://i2p.com.au/how-amazon-will-dominate-global-retail/ ) and ambitions to dominate the entire retail sector. Amazon, of course, is already known in Australia for its online retailing of books While it often seems that some…
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Marketing Focus: Essays on Management & Marketing February 2017
Momentum. That will be, and should be, the mantra for commerce during 2017. Momentum will precede profits, sustainable growth, enhanced productivity, more expeditious decision-making and, above all else, improved confidence. It is indisputable that the calendar year 2016 was a period of economic slow-down for many sectors, regions and entities. In reality, it is arguable…
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Design for a Medication Safety Plan
The problem of creating a quality professional pharmacy practice for community pharmacy is often in conflict with the metrics required to provide a solid business infrastructure. Without a sound infrastructure there is no support to underpin a professional practice, so Codes of Conduct and minimum levels for Standards of Practice have to be developed. Increased…
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Coincidence?
Medical media recently has highlighted the bad news for back pain sufferers – analgesic don’t work! As reported in 6minutes newsletter to GPs, “NSAIDs such as ibuprofen are no better than placebo. And perhaps do more harm than good.” The news release goes on to say that “previous research has already demonstrated that paracetamol is…
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Design Thinking- What it is
Design thinking is not new but it has been evolving more rapidly since 1960 as a valid management process described as: * A unified framework for innovation * An essential tool for simplifying and humanising It has evolved by appropriating many of the best tools and techniques from creative fields, social and computer sciences. Design…
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Understanding Medical Cannabis
I2P has been proactive in identifying the potential of medical cannabis as a tool for clinical pharmacists and a useful treatment for chronically ill patients – particularly the elderly prone to suffering chronic conditions characterised with an underlying common factor of inflammation. People can also buy medical cannabis or marijuana in Real CBD store. Now,…
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Retail Disruption Coming – Around the Corner and Around the World
I2P has always given direction for community pharmacy well in advance of the actual events liable to be disruptive or transformative. About four years ago we set out to define a “new paradigm pharmacy” that would cater for the needs of a community pharmacy and to include an emphasis on clinical services and the smart…
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MARKETING FOCUS – Essays on Management and Marketing
The most anticipated, yet uninspiring, US Presidential election is about to take place. Overall, the final result will be of marginal importance to the American people, and to the world at large. Neither of the two leading candidates (yes, there are four independents who remain in what many consider is a one -horse/mare race) engenders…