Developing a new drug can cost millions of dollars and require years of research. The quicker a pharmaceutical company gets a product to market, the less time and money it spends on R&D and the faster it can begin to earn a return on its investment.
Stories by Sue Hildreth
Five years ago, the Pinellas County Juvenile Welfare Board (JWB) was facing a budget shortfall. A meltdown in real estate values had diminished the property tax revenue that the Clearwater, Fla.-based agency depends upon for funding. So the JWB developed a BI initiative to assess the value of each program it offers.
For Maverick Transportation, a national long-haul trucking company with more than 1,200 drivers on the road, even small changes to processes can lead to swings of hundreds of thousands of dollars on the bottom line. Changes in routes, driver training, gas mileage, accident rates -- they all affect profits. Until recently, however, the company couldn't easily visualize real-time trends or accurately predict future outcomes.
Running a healthcare business is a complex challenge. It requires administrators to stay up to date on hundreds of performance metrics -- everything from bed occupancy rates and staffing levels to insurance reimbursements.
If there's a homeless shelter, drug abuse recovery program, senior center or housing services agency for the disabled in your community, there's a good chance that it's supported by the Volunteers of America, which has 36 affiliated chapters around the country. Like all VOA chapters, VOA Chesapeake relies on contributions and volunteers from a variety of corporations, charitable groups and individuals to support its programs.