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How was pharmacy evolved over time regarding education?
Early 20th century- apprenticeships
Mid 20th century- 5 yrs of education
Late 20th century- PharmD program (6 years)
What’s the definition of management and leadership?
management- a process which brings together resources and unites them in a way that they achieve goals/objectives in an efficient manner
leadership- process through which an individual attempts to intentionally influence another individual or group in order to accomplish a goal
What’s the difference between a manager and a leader?
leaders- inspire people, encourage adaptability, set direction, communicate a vision, inspire followers to take responsibility
managers- influence by providing order and consistency, plan, budget, organize, hire staff and control, provide structure to day-to-day operations, tend to be more rigid than flexible
What are the duties of a leader?
set the agenda
build a team and network
manage teams
assess goals
What is a mission statement?
why the organization exists (WHO WE ARE)
What is a vision statement?
Where the company is headed/what they are aspiring to be (WHAT WE WANT TO BE)
What is “values” in an organization?
what the company stands for
What is an organizational chart? How does authority flow from it?
an organizational chart depicts the reporting relationship and the hierarchy of authority
authority flows from top to bottom
For profit organizations who is at the top of the hierarchy?
shareholders
For non-profit organizations who is at the top of the hierarchy?
board or directors or trustees
True or False: Shareholders and Board of Directors are involved in day to day operations.
false
After the top position on the organizational chart the next position is usually ________________ follow by the __________________________.
After the top position on the organizational chart the next position is usually President/CEO follow by the Executive Team.
What is the “C” suite?
the executive team
List some positions that are in the C-suite:
CEO (chief executive officer)
CFO (chief financial officer)
COO (chief operating officer)
What is an operations manager?
make daily decisions keeping the business moving in the right direction
are given a mission and vision from the C-suite and it’s the managers responsibility to execute
Who plays the role of a manager?
highest ranking individual on duty
What is the most challenging component of managing?
human resources
Describe the concept of command intent and where/how it is used:
command intent refers to a clear and concise expression of the goals and desired outcomes for pharmacy operations. It helps ensure that all team members understand the overarching objectives and can make decisions that align with these goals, even in the absence of direct instruction.
tasks are what employees complete to achieve command intent
what is the definition of human resources management?
the process of achieving organizational objectives through the management of people
What tasks are associated with human resources management?
recruiting
hiring
training
developing
terminating
The Federal Civil Rights Act protects employees against things like:
gender, race, age, religion, sexual preference, height, weight, arrest record, national origin, financial status, military record, or disability
(YOU CAN NOT ASK ABOUT ANY OF THESE THINGS IN AN INTERVIEW)
Can an employer ask an applicant’s age at an interview?
no
What does the Fair Labor Standards Act focus on?
setting wage and hour protections for employees
What are some of the protections that are mentioned in the Fair Labor Standards Act?
equal pay regardless of gender
overtime/minimum wages
What does the Equal Employment Opportunity Commission (EEOC) monitor and file lawsuits to do?
discrimination/ protect individuals from discrimination in the workplace
What is the EEOC responsible for?
AFFIRMATIVE ACTION— encourages employers to recruit/give preference to minorities with equal qualifications during hiring, interviewing. Also, ensures discrimination doesn’t occur when discipling employees
The Occupational Safety and Health Administration (OSHA) tries to prevent what issues?
work-related injuries, illness, and deaths
Why is drug testing in the workplace controversial?
is controversial due to privacy concerns, potential inaccuracies, and perceived inequities, particularly among minority groups.
What amendment protects individuals from unreasonable searches and seizures?
4th
Describe the purpose of establishing a business plan?
to improve patient outcomes, fulfill patient needs, reduce spending, and generate revenue
helps advance the profession by creating new and innovative services that fulfill patients needs and generate profits
providing opportunities for new or unique services increases job satisfaction
What are the important components/ steps of a business plan?
explore the business concept
DEFINE THE BUSINESS PLAN OR PROGRAM (MISSION AND VISION STATEMENT)
identify target market
conduct market research/analysis
conduct competitor analysis
assess clinical and quality requirements
define processes and operations
develop marketing strategy
develop financial projections
identify and action plan
assess critical risks and opportunities
establish an exit plan
What are important aspects of communicating a business plan?
IDENTIFY THE TARGET MARKET
develop a marketing strategy
write a plan
Why is identifying the target market for your business plan important?
with no target market- you can lack focus and communication of the message
What are some important aspects of implementing a business plan?
develop financial projections
ASSESS CLINICAL AND QUALITY REQUIREMENTS- COULD BE A LIMITING STEP
conduct competitor analysis
What are the 6 common themes in working to improve time management?
recognizing the need for improvement
conducting an honest analysis of how you currently spend your time (might want to identify your time management style)
establish your mission and set your goals (use SMART goals, include short and long term goals)
get organized (sort, prioritize, schedule tasks, create master list)
take action
review, revise, and modify
List the 2 methods of sorting through tasks:
OHIO- “Only Handle It Once”
4 D's
Do something with it
delegate it
defer it
delete it
What are 3 ways to prioritize tasks?
goal achievement approach
deadline approach
consequences approach
What is the goal-achievement approach to prioritizing tasks?
prioritizes tasks that you know will directly help you achieve your goals as most important
What is the deadline approach to prioritizing tasks?
self-explanatory
look to see when your tasks are due
What is the consequences approach to prioritizing tasks?
similar to deadline approach
what will happen if the task is not completed
What are some general thoughts/tips on self and time management? (I bet this is more of an FYI than test question)
take care of yourself
most people do their best work in the morning
schedule meetings/less intensive activiites in the afternonn
check emails/texts/phone twice a day
cluster tasks and activities
quantity doesn’t mean quality
busy is not always productive
working harder doesn’t mean smarter
Who is responsible for planning?
planning is one of the key functions of a manager
Name the 7 different types of planning:
strategic
operations
business
resource planning
organizational
contingency
emergency
For each of the types of planning, identify if they are short, mid, or long term?
strategic- long term
operations- short term
business- short term
resource planning- mid term
organizational- mid term
contingency- short to long term
emergency- mid term
List the purpose of the 7 types of planning:
strategic- to ensure that the organization is doing the rights things now and in the future- includes all aspects of the organization
operations- specific to immediate actions that need to be taken to move the organization forward
business- can be used to start, expand, or terminate a business
resource planning- can include HR, IT, financial, capital, and facilities
organizational- looks at structural aspects, like divisions, reporting relationships, coordination, and control
contingency- particular to specific situations that are being looked at
emergency- situation specific
What is a SWOT analysis and what is it used?
a strategic planning tool used to evaluate Strengths, Weaknesses, Opportunities, and Threats (SWOT) related to a business/project
done after creating a vision
What does “Six Sigma” do?
provides organization tools to improve business processes, increase performance, and decrease process variation.
What is “Lean” way of thinking?
way of thinking of creating value with fewer resources and less waste
What are some similarities between six sigma and lean?
both aim to improve process efficiency and quality
both prioritize delivering value to the customer
both emphasize ongoing improvement
both use data to identify issues and measure improvements
What are some differences between lean and Six sigma?
lean- focuses on eliminating waste and improving flow
Six sigma- focuses on reducing variation and defects through statistical analysis