Consulting article Essay Example | Topics and Well Written Essays - 1000 words

Consulting article - Essay ExampleCertainly, most people do non really take away hand held internet access, video camera and telephone in the same device. However, communications within a company requires compatibility. In the case of communications, providing compatible hardw ar is more than important than upgrading. Technology change largely would not be a vital factor in the decision to upgrade unless a particular proposition application requiring the upgrade became available. Health diagnostic equipment is high cost and regulated on a submit basis. The desire to expand a hospital by adding 50 beds to meet a health read may occur years before a Certificate of Need (CON) process is completed. The anticipated applied science incorpo sited in the certificate application may be functionally antiquated. Technology may give the need for the beds. So, when management collects data to assess the decision in-house, they must anticipate emerging developments or their magazine will be wasted lobbying for an irrelevant change. The environmental remediation regulations are both pliable and rigid. Brownfield sites are judged on a risk assessed basis to encourage redevelopment of contaminated sites. The building may be restricted to industrial usage only, or perhaps residential with no basements. The increased allowable limits of befoulment are attained at less cost than full compliance remediation. Once the site is readable for redevelopment, utilities are installed. However, now instead of Environmental Protection judgeship (EPA) regulations, Occupational Safety and Health Administration (OSHA) regulations cover workers in trenches cut from contaminated soil. OSHA may require breathing apparatus and specialty garment to work in a hydrocarbon rich environment. Worker safety and health regulations are much more rigid. The soil cuttings may be unusable on the site, but removal is complicated since the increased, compromised, level of contamination is greater t han landfills can receive. The cost of disposal increases. Management requires a broader view of Brownfield development in this scenario because future costs and inconvenience may outweigh the initial savings. Time and application change the regulations regarding levels of contamination, and therefore, the company tramp line. In these three examples, technology, regulations and consumer demand change with time and the application of technology. Prudent business manages to the balance poll and the income statement. In the first scenario, with telecommunications devices, forecasting technological change is relatively accurate and simple. Poor decisions do not affect the bottom line too badly, and overcoming the woeful decision is not difficult. In the latter scenarios, poor decisions complicate operations and negatively affect the bottom line. And unfortunately, forecasting change is difficult. The health care carcass problem resolves when management hindcasts technological change . Using the hospital bed example, management needs to look at two past trends. Population growth and bed utilization data in the work champaign for the past ten years will show a trend comparing supply and demand. When service area population increases, bed utilization should increase if the number of beds remains constant, unless technology reduces in-hospital stays. So, the proper statistic is rate of bed utilization per 1000 people. If this number is decreasing faster than the population increa