Applied Medical s Current Sustainability Practices Essay

Applied Medical has grown from its humble beginnings twenty years ago to a quarter billion dollar company by implementing an unconventional, vertically-integrated business model that has catapulted the company to be world leader in the laparoscopic trocar market. . The company s mission is to reduce the cost of healthcare by providing the best quality medical devices at the lowest possible price. We are proud to have a significant and sustainable impact on healthcare by delivering technologies that enhance clinical care and satisfy the pressing economic needs of our customers (Applied Medical, n.d., para.1) . Applied Medical has demonstrated that takes its social responsibility seriously through different initiatives that benefit customers and the community. This paper presents a synopsis of Applied Medical s current sustainability practices, discusses specific sustainable practices that can benefit the triple bottom line immediately, and finally exhibits the benefits of synergizing corporate responsibility activities by appointing a Corporate Social Responsibility Manager to Applied Medical s leadership team. Analysis Applied Medical recognizes the value of being a good corporate citizen though its community outreach programs and by keeping the cost of healthcare low. Blocher (2011) stated that Applied Medical is a compassionate corporation since it encourages its employees to volunteer for the Free Wheelchair Mission, which is a non-profit organization dedicatedShow MoreRelatedDevelopment Of Standardized Policy And Procedures1316 Words   |  6 Pagesproclaimed a new health policy: a Barefoot Doctor lay health care provider program designed to address the shortage of physicians in China s vast rural populations1-3 to the conjoint efforts in the United States’ â€Å"Great Society Mission4† to current State models which vary drastically in regards to legislation and framework, certification, scope of practice, financing, training and education5-7, a unified compendium for standards of care needs to be instilled into the healthcare navigation frameworkRead MoreManaging Global Business : The General Electric / Mckinsey Matrix1683 Words   |  7 Pagesthat its primary goal is to return a profit to its shareholders, but GE also focuses on stakeholders. The organization creates collaborative efforts to meet the needs of their wide range of stakeholders and relate their sustainability efforts with their business efforts. GE’s current organizational structure is a matrix organization broken down by line of business and geography. As depicted at Org Chart GE - General Electric - The Official Board. (n.d.) the company has Africa and Europe divisions asRead MoreCapital Equipment Leasing Strategic Human Resource Development Plan1673 Words   |  7 Pagesequipment and customer services. Companies should invest in comprehensive approaches to improve their current and future business prospects, and these approaches must include all of the following elements. o Training and development o New technologies o Talented and Skillful workers The organization must view the costs associated with building a new foundation for increased learning not as current expense, but as investments whose value will grow over time. With continuing HR strategies such asRead MoreDibetes1913 Words   |  8 PagesNRS-410V Module 5 Evidence-Based Practice Project—Paper on Diabetes Pathophysiology and Nursing Management of Clients Health – Disorders of the Digestive and Musculoskeletal System Grand Canyon University Identify a research or evidence-based article that focuses comprehensively on a specific intervention or new diagnostic tool for the treatment of diabetes in adults or children. In a paper of 750-1,000 words, summarize the main idea of the research findings for a specific patient populationRead MoreThe Historical And Evolutionary Process That Occurred Essay1387 Words   |  6 Pagesprotecting the new nation by establishing loyalty. You may recognize some of the practices are still in place like siting the pledge at the beginning of school. What is important to note is that education was provided for wealthy White males. Poor people, people of color, slaves and women were not included in the plans for an educated society. This paper will describe, the formation of the first Black Colleges, the current state of affairs, and conclude with the cultural significance of HBCU’s. SegregationRead MoreEvaluating The Concepts Of Health Quality Management That Have Been Adapted From Manufacturing Environments1785 Words   |  8 PagesThis paper aims to discuss practicality of approaches and methodologies in health quality management that have been adapted from manufacturing environments. It is evident that many management practices in health service organisations have been imported successfully from the corporate world. There are a number of different methodologies such as Lean, Six Sigma and Theory of Constraints used in the industry for quality improvement. In today’s fast changing environment healthcare is struggling withRead MoreRoadmap to Csr Sustainability in Healthcare16191 Words   |  65 Pages             CSR    Hospital   Sustainability   Road   Map    and   the   Balanced   Scorecard                                                           Preface    The   Hospital   CSR   Sustainability   Road   Map      Balanced   Scorecard   has   two   parts.   Part   One    focuses   on   the   fundamentals   of   Corporate   Social   Responsibility Read MoreModule Content And Teaching Program Essay1557 Words   |  7 Pagesagriculture. †¢ The application of the latest biotechnology options for crop improvement and production, including plant products for non-food uses, toxicology of natural pharmacologically active constituents and the use of transgenic plant technology for medical purposes. †¢ GM crops and the regulatory framework for GM †¢ The introduction of bioinformatics. †¢ To introduce the characteristics and management of the major soil groups and how cropping is affected by soil type. †¢ Integrated Crop Management SystemRead MoreTenet Healthcare: Embracing Innovation Essay examples3157 Words   |  13 Pagestechnologies, and most importantly, innovative leaders (Davila, Epstein, Shelton, 2013). The new, unstable and highly competitive healthcare environment requires innovative leadership to become successful in the effective execution of innovative practices. Davila, Epstein, Shelton, (2013) describe the Seven Rules of Innovation: utilizing strong leadership on the organization’s innovation strategy, integration of innovation, matching innovation to organizational strategy, aligning good managementRead MoreHazard Mitigation Essay2160 Words   |  9 Pagesnation’s history â€Å"reached catastrophic proportions in terms of deaths, injuries and property loss which focused government and public attention on the need to develop formal systems to respond to such events† (Waugh Tierney, 2007, p. 27). By the 1970’s, more than 100 agencies were responsible for some element of emergency preparedness and response. Competing and sometimes duplicative programs were also instituted at state and local levels which compounded the complexity of response efforts. This broad-based