Everyone who owns or works in a community pharmacy in England is experiencing a very challenging time, both professionally and commercially. The current funding settlement together with reinstatement of the temporarily postponed Category M overspend recovery, creates further cashflow and profitability issues for many owners, particularly independents. This is on the back of almost three lost years whilst the judicial review of the previously imposed funding settlement was pursued when we were … [Read more...] about Planning for a sustainable 2019 and beyond
Strategic planning
Planning for a sustainable future
The announcement of the funding settlement for the remainder of the 2018/19 financial year will not be well received by pharmacy owners in England. That, together with reinstatement of the temporarily postponed Category M overspend recovery, will create further cashflow and sustainability challenges for many owners, particularly independents. Unfortunately, this was predictable on the back of almost three lost years whilst the judicial review of the previously imposed and poorly implemented … [Read more...] about Planning for a sustainable future
SMARTER Goals
Most of us have come across the acronym SMART when developing goals or making plans, but how many of us have made these goals and plans SMARTER? So often our life or business goals are not sufficiently specific or measurable and many do not have an 'achieve by' timeline all of which are critical to achieving those goals. Even if these elements are all in place, we often fail to measure whether we are on track to achieve or have achieved the desired goals. This is where the ER in SMARTER comes … [Read more...] about SMARTER Goals