Daily Archives: August 21, 2015

Britain’s New Underclass – Hiding in plain sight | The Economist

August 21, 2015 By in Business Administration, Economics, Education, Growth, People, Politics, Students Tags: , 1 Comment

This is a powerful, must-read article from the Economist. Check it out!

via Britain’s New Underclass – Hiding in plain sight | The Economist.

Once again, the major road-block is that Britain’s education system is failing to deliver.

If you look at the national cost of education, it continues to rise but the quality of output, measured based on international benchmarking shows a deteriorating trend.

This blog regularly argues that the supply model of British education needs a radical overhaul.

Any thoughts on policy options to improve the quality of output from education?

New Business Models Through Value-Based Healthcare Delivery – Siemens Healthcare Global

August 21, 2015 By in Business Administration, Central Government, David Cameron, Germany, Healthcare, People, Politics, UK, US Tags: , , Leave a comment

This is excellent, must-read article by Siemens Healthcare. Check it out!

via New Business Models Through Value-Based Healthcare Delivery – Siemens Healthcare Global.

The article looks at case studies comparing the US, Sweden and Germany.

My mind switched to the UK’s public healthcare system, the National Health Service (NHS). After WWII, the NHS was proudly the gold-standard for public healthcare. However, decades of stakeholder rivalry, political meddling and conflicting advice from big consulting firms has brought the UK’s NHS to it’s knees. With one of the worst records for cancer treatment in advanced countries, the NHS is now cancer ridden too.

UK public healthcare needs to abandon the NHS and adapt a new design from the World’s best practice. In this regard, it looks like best practice is based upon value-based healthcare delivery. Sadly, the UK is trapped in a cost-plus delivery time warp.

Thoughts?

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