Stellar Newsletter #7- 20Dec
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SlimFast Workshop<br />
In 2017 the Business will be relying on all of us to think out of the box and find new ways to<br />
reduce waste, improve efficiency and manage costs effectively, with this in mind SlimFast<br />
workshop was held 2nd of November with a lot of focus on generating cost savings ideas<br />
funnel for 2017.<br />
Before the workshop, saving project ideas were collected from different areas in Operations,<br />
the ideas were then consolidated by the Capabilities team to eliminate duplicate ideas<br />
and estimate an initial saving impact of each project idea.<br />
During the workshop attendees were distributed over 8 discussion groups to study ideas<br />
collected. Each group had a thorough discussion about projects assigned to their group<br />
to validate feasibility, risks, and generate action plan for each project. The groups then<br />
started a second round of brainstorming to come up with more saving project ideas in<br />
different areas of business.<br />
Ideas discussed were related to control spend on medication, effective contracting with<br />
providers, divert volume into providers with effective cost structure, move more towards<br />
better benefit management, etc.<br />
At the final stage of the workshop all projects were consolidated, impacts were then<br />
calculated, and a risk factor was assigned to each project. Saving projects are shared with<br />
Regional & Contracting PR teams to initiate the projects with different areas of business in<br />
order to deliver savings by optimizing prices while maintaining the delivery of best quality<br />
services which are affordable by all Bupa Arabia’s stakeholders.<br />
STELLAR | 20