Nursing Homes: Long Term Care Management, article by John Weiser, June 9, 2006.
Do you worry about where your future workforce will come from? Have you tried to explore alternative strategies for retaining and advancing workers, but met with limited results? You may be surprised to learn that innovative partnerships with community organizations can help you to both attract and advance employees from underserved communities across America—and reduce costs at the same time.
As an example, consider Genesis HealthCare, one of the United States’ largest long-term and rehabilitation therapy providers, which created a unique approach to the industry’s challenge of acute workforce shortages. Through its partnership with WorkSource Partners, a workforce development organization, it increased retention and was able to reduce costs associated with staffing agencies in its Massachusetts sites from $1 million annually to nearly zero.
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For more information on the book and on co-authors Steve Rochlin, Michele Kahane, and Jessica Landis, visit www.untappedbook.com.
NextBillion Interview: Creating Value in Underserved Markets
July 20, 2006: How much momentum does the “base of the pyramid” hypothesis have behind it – and at what point does hope become hype? I recently read Untapped, the latest business/strategy book to discuss underserved markets and their profit potential, with a wary eye – would it live up to the hope, or fall victim to the hype? ...(More)
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