Business Case for Recreation and Wellness Intranet Project
01/23/2013
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1.0 Introduction/ BackgroundManage Your Health, Inc. (MYH) is an international company that provides a variety of health care services across the globe. MYH has more than 20,000 full-time employees and more than 5,000 part-time employees. MYH recently updated its strategic plan, and key goals include reducing internal costs, increasing cross-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the development and delivery of its health care products and services. | 2.0 Business ObjectiveThe Recreation and Wellness Intranet Project provide an application on the current
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Do nothing. We can continue to pay the increased health care costs. 2. Farm out the service to another company. This way our employees can partake of the needed services without having to build and support these services in-house. 3. Build the Recreation and Wellness Intranet Project and run it in-house. We feel that the third option is the best one. This will have lower the costs and allow us better control the project. | 6.0 Preliminary Project RequirementsThe main features of the Recreation and Wellness Intranet Project will be to inform employees about health issues and allow them to: 1. Register for company-sponsored recreational programs 2. Register for company-sponsored classes and programs to include weight loss, stress reduction, smoking cessation and other health related issues. 3. Track data on employee participation. 4. Offer incentives for employees to join programs and do well. 5. Other features as they are suggested by our employees and health insurance providers, if they add value to our business. | 7.0 Budget Estimate and Financial AnalysisA preliminary estimate of the cost for the entire project is $200,000. This includes the hire of a temporary project manager, and the hours used by current employees to work on the project. Project savings comes in the form of reduced health insurance cost due to a healthier workforce that makes fewer claims. | 8.0 Schedule EstimateThe sponsor feels
Project A: This project is new to your company. You do not feel confident in estimating the project costs using internal resources. There are other companies that have done this type of work. Yet you still want the most accurate estimates possible.
In the healthcare field, there are forces that drive practice and develop change within an organization. There are both internal and external forces in which not one organization is immune to (Kotter, 1996). By establishing a vision of the company, a sense of purpose and direction is created, working towards change within the forces (Huyer, 2014). When people participate in a vision, they work towards a common goal and identify what needs to be changed in order to reach that vision. In this paper, a presentation of Banner Health will be discussed, along with its mission and stakeholders, driving forces, viability, as well as an analysis of forces, a response to change, a vision for change, and an evaluation of change.
Synthesize the information in the two articles to come to a well-reasoned and justified conclusion about whether or not to implement a wellness program in your setting for the purposes of improving health, wellness, and quality of life for people with chronic conditions. Include:
Some employers suggest wellness programs to help educate staff on healthy living and lifestyles. These programs usually incorporate health topics such as managing blood pressure, weight control and management, stress management, healthy eating, cholesterol management, cancer prevention, and exercise programs. Instructing the basics is an excellent way to start the workforce on a healthy lifestyle (Lotich, 2011).
Research Consultants, Incorporated is a prestigious consulting firm that has had the privilege of working with thousands of clients over the years. As a senior member of this firm I have researched many products, but I specialize in health club research. It is my specialty because of my background as a gym owner and trainer. For these reasons, I have been assigned Mrs. Carmen Diego’s case. She is new to town and has her hands full running her high-end fashion boutique in Towne Center. She is also married with two children, named Angelina and Carl, who are both under the age of 5. Because she is so busy, she tasked RCI with finding the best health club for her. My client has many specifications listed and I intend to find the best fit for her.
In addition, Memphis is among one of the most overweight cities in America, making it crucial that we emphasize health and fitness in our businesses locally (Men’s Fitness, 2014). Being overweight causes a number of health issues such as high cholesterol, heart disease, and diabetes. This can cause employees to miss work, drive up health care costs, and not be as productive when they are at work. In addition, health and fitness programs can help employees who already have health problems return to work sooner. For example, employees who have been diagnosed with heart disease and who participate in an exercise program have returned to work much quicker, and in addition, the death rate has also been cut down twenty to twenty-five percent when employees engage in fitness routines (Meyers, 2003). Therefore, beginning a fitness program can not only significantly decrease the chances of someone obtaining one of these diseases, but can also decrease the amount of work they may miss due to these illnesses; henceforth, increasing the overall health of the workplace, productivity, and employee efficiency (Meyers, 2003).
There is a heightened focus on maintaining good health and the many benefits that come as a result. Increasingly, more companies are opting to implement wellness programs to help support and facilitate their employees in achieving better health habits. Types of programs offered include smoking cessation, weight and stress management, and access to on-site resources like health fairs, seminars, and counseling with registered dietitians. Results of healthy employees also help the employer by reducing healthcare costs, improving work productivity, and boosting office morale (Mujtaba & Cavico, 2013). Different techniques can be used in wellness programs: carrots and sticks. While one offers positive reinforcement through incentives (carrots),
The creation of a wellness program for Clinicas de Salud del Pueblo creates several strengths for the organization. Organizations depend on their employees to conduct business on a daily basis. Employee health has a large impact on whether an organization will be able to run effectively. An employee wellness program can be used as a tool to ensure the health of employees. The strengths of a wellness program include lowering expenses, increasing employee recruitment and retention, and increasing productivity.
Thesis: Wellness programs are becoming more and more popular throughout businesses; however, some are inefficient. With the right information, you can decide on what is a suitable wellness program for your company.
A wellness program outlines the necessary tools and skills to maintain a healthier work environment through the use of rewards, incentives, gym membership discounts, wellness apps, company health focused newsletters, and goal oriented wellness initiatives. Successful wellness programs have the participation of the employees within the company and offer incentives that make the achievement of healthier goals attainable for all participants. Companies that encourage wellness programs will improve the employee’s health, reduce stress, improve overall morale, and enhance self-esteem. The wellness program would include counseling for mental health, reducing stress, and help with substance abuse through the EAP program. Drug testing would be required for all employees, and a substance abuse free workplace would be enforced to protect the safety of the company and its employees (Mondy and Martocchio).
This is another quick calculation that can give a relatively accurate budget, so long as you have good data to start with. The projection is based on a goal of attaining a certain percentage of your market. The first step is to accurately define your market, the second step is to
Planning a cost budget for a project is necessary. It requires some process to count the estimate projects costs accurately. It is also depending on the types of costs which must be understood by the project manager. Cost estimating also can be challenging for the project manager because some activities might have many variation, and they are available to assist in it. There are 4 types of costs, 3 methods of estimating costs, and 7 project cost estimating issues. To create a budget project, we should know the basics of budgeting. Because as a project manager, the basics of budgeting used to determined whether the project is well managed or not. Furthermore, interpretation also becomes the biggest issues in creating a budget project. People should understand the concepts of the budgeting itself. Moreover, a project costs and project budget is different. Most of the project manager usually start to identify from the project costs. To create a budget project, people also have to know what they really want to the project. But once they know what they really want, determining the budget will be much easier for the future of the project. Project Budget has many problems and they are vary based on the category.
The following proposal will elaborate on the remunerations of opening an on-site health center for the Texas Instruments location in Dallas and on the benefits of doing this project through Health Fitness Corporation. Included is an overview of Texas Instruments' current status, an explanation of the benefits to both the employees and the corporation of Texas Instruments, and a timeline of how quickly and easily this project may be executed. There is also a brief description of the success Health Fitness Corporation has delivered to other companies, followed by financial information about the gains Texas Instruments can expect to see upon completion of this project.
The Cost benefit Analysis will be the most key feature to look upon in this aspect of any project plan , the Cost of the project plan to be implemented that will be implemented to work on the Benefit to the organization should be decided , so this plan come to a full profit in the near future. One would first think of the tangible costs that are easily to determine and estimate, such as hardware and software cost, or labor cost.
The budget for the project is estimated as $186,640.00. The details of the budget is,