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A Fortune 100 Technology Company Collaborative Thesis: Third-Party Services \u2014 Optimizing Headcount

Description

The object of the present study is to examine methods in which the company can optimize their costs on third-party suppliers whom oversee other third-party trade labor. The third parties in scope of this study are suspected to overstaff their

The object of the present study is to examine methods in which the company can optimize their costs on third-party suppliers whom oversee other third-party trade labor. The third parties in scope of this study are suspected to overstaff their workforce, thus overcharging the company. We will introduce a complex spreadsheet model that will propose a proper project staffing level based on key qualitative variables and statistics. Using the model outputs, the Thesis team proposes a headcount solution for the company and problem areas to focus on, going forward. All sources of information come from company proprietary and confidential documents.

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Date Created
2014-05

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Education and the Costs Associated with Death

Description

Cancer has a financial impact worldwide. According to a study published by the American Cancer Society, “cancer accounts for 1.5% of global gross domestic product loss per year” (John & Ross, 2010). The legal and economic costs of death are

Cancer has a financial impact worldwide. According to a study published by the American Cancer Society, “cancer accounts for 1.5% of global gross domestic product loss per year” (John & Ross, 2010). The legal and economic costs of death are not something normally addressed with patients prior to the occurrence of death. With an integrative approach, education may help reduce financial stressors for both the patient and family, while offering cost saving benefits to the facilities involved. Studies have shown that education pertaining to advanced care planning help to reduce hospital visits and the costs associated with the last six months of life. Integrating additional education in the form of legal and financial planning prior to death will benefit patients. This may benefit hospitals concurrently, by reducing hospital visits or length of stays, saving millions in Medicare costs to the hospital. Hospitals currently focus on the emotional, spiritual and intellectual needs of the patient post diagnosis of a terminal illness. Education related to funeral planning, preparing a will, and financial preparedness need to be included in the structured patient education offered at facilities. Individuals that have a higher socioeconomic status are typically more prepared for the costs associated with death. Offering financial education will allow more individuals experiencing the terminal diagnosis to prepare for their impending death.

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Date Created
2020