Business
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December 11, 2024
6th - 10th May, 2024
In-person
One Canada Square, Canary Wharf, London., United Kingdom
This programme is geared at enhancing working executives' careers. The SEMP is an encapsulated Senior Management Programme for the High Performance Managers and Directors who work in critical roles and need an intensive course to cover the key areas that drive success and profit in business today.
We are a dynamic multicultural community that educates, inspires, and connects some of the world’s most forward-thinking business talent. We flip the traditional approach to education by using learning-by-doing experiences to transform students' skillset.
Programme Impact
Be open to change, innovation and big thinking. To new experiences and diverse perspectives.
We offer a rich and innovative portfolio of in-person programmes, and a selection of online courses in a range of innovative formats.
This programme is ideal for for the High Performance Managers, CEOs, Founders, COOs, Entrepreneurs and Directors who work in critical roles and need an intensive course to cover the key areas that drive success and profit in business today.
Submit your application through our online application form.
Wait for feedback from the admissions team within 48 hours.
Short Executive Programme for Globally-Focused Leaders
Certificate
5-Star Hotel
Accommodation
Flight
Networking
Study Pack
Case Studies
Meals
Gain the tools to build a positive environment with evidence-based techniques from our faculty and distinguished guest speakers.
Why is it that some leaders inspire success, while others struggle to motivate their people? Why do some organisations thrive where others fail? Most importantly, how can any of us be certain our organisations will survive an uncertain future?
Leading Businesses into the Future offers leaders new insights into these questions, with a ground-breaking blended format that offers both a comprehensive review of your organisation and expert-led sessions on how to succeed in the modern economy.
Discover the actions leaders must take to unite their people around meaningful work and steer their organisations to sustainable success.
Gain the tools to build a positive environment with evidence-based techniques from our faculty and distinguished guest speakers.
We help you create the leaders of tomorrow for your organisation. Drive your business towards growth with employee development. Our programs are designed to identify, train and help develop the necessary skills for your employees.
This programme has an emphasis on developing global perspectives to ensure that participants are well prepared for the unique challenges of leading and innovating in an ever-changing, international business environment.
Discover different stages of team development and leadership styles needed to move them toward success.
Your employees gain practical insights from industry-wide leaders about team development.
Complete your application now to secure a seat at the SEMP programme.
Apply nowNot ready to apply? Learn more about the programme
We recommend you apply at least three months before the programme starts to guarantee your place. The application form will take approximately 15 to 30 minutes to complete.
We’ll acknowledge receipt of your application by email within 48 hours, if it’s received during normal working hours (Mon-Fri – 09:00-18:00 GMT). We will review and respond to your application within two working days. We do this in order of receipt and acceptance is not automatic.
Yes. We can hold a provisional place for you for up to two weeks, but be aware that completed applications take priority and programmes often fill up several months in advance. You can reserve a place online, by phone or by email.
The programme is taught in English, so a good working knowledge of the language is essential. If English is not your first language, we may ask you for evidence of your proficiency.
If you have any more questions, please read our FAQs here.
Read our full terms and conditions.
This course was designed to show you how to sharpen your leadership skills, define a vision for your team, and ultimately transcend from a manager to an inspirational leader.
Course Overview
The current healthcare environment requires that healthcare organizations across the globe find ways to reduce operating expenses while improving quality. When faced with the need to cut costs, many think of staff reductions, across-the-board decreases, or curtailing select programs and services.
However, they fail to realize that hidden in their organizations are millions of dollars in overuse, misuse, and rework that can be removed not only without sacrificing but, in many cases, improving long-term quality and safety.
Similar to any other major business problems, addressing the cost of healthcare may seem overwhelming and impossible to solve. Fortunately, there is a way to address the challenge of escalating healthcare costs that reduce the dependence on cost-shifting and benefit cutbacks.
Participants attending the course will develop the following competencies:
Course Overview
The current healthcare environment requires that healthcare organizations across the globe find ways to reduce operating expenses while improving quality. When faced with the need to cut costs, many think of staff reductions, across-the-board decreases, or curtailing select programs and services.
However, they fail to realize that hidden in their organizations are millions of dollars in overuse, misuse, and rework that can be removed not only without sacrificing but, in many cases, improving long-term quality and safety.
Similar to any other major business problems, addressing the cost of healthcare may seem overwhelming and impossible to solve. Fortunately, there is a way to address the challenge of escalating healthcare costs that reduce the dependence on cost-shifting and benefit cutbacks.
Participants attending the course will develop the following competencies:
About the Special Executive Masters Programme
The MSBM Special Executive Masters Programme is short certificate modules designed for anyone who would benefit from more in-depth business knowledge delivered in a short and intensive Programme. This Programme is suitable for successful professionals or specialists in the private, public or non-profit making sectors that have new management responsibilities and need to quickly expand their management knowledge.
The (SEMP) Programme serves as a refresher course for those who have had their Masters a long time ago and need a quick reminder or as an academic update while it serves as a crash Programme for those very experienced professionals who never made time out for their masters yet they require the academic and practical relevance of this masters’ experience. It is a good Programme for individuals who are newly promoted to the managerial post, the program enables them to acclimatize to the new position as well as help them intake the right decisions.
Objectives
The primary objective of this course is to enhance cost control management skills among decision-makers in the hospital, especially leaders who are primarily responsible for financial decisions.
Participants will also be able to:
Who should attend?
The Healthcare Management Course is appropriate for all professionals working in the healthcare/ hospital operations who need basic knowledge and a better understanding of healthcare cost management, especially the following:
It will also benefit finance managers who have recently moved into the healthcare industry, who need to understand and practice how to apply cost control essentials in a healthcare context.
Modules
During this practical training course on Healthcare Management, participants will be able to learn how to identify the primary areas where excess expense typically occurs in healthcare. In addition, they will be able to design an approach for identifying and eliminating waste in their organizations that engages the front line and results in improved quality and reduced costs.
Day 1: Cost Management
Direct vs. Indirect Costs
Management Influence on Cost Behaviour
Fixed Costs and Variable Costs
Cost Hierarchy
What is the Value of ABC?
When Would ABC be most useful?
Cost Management Processes
Day 2: Implementation of Cost Management Processes
Metrics for Cost Analysis
Cost Volume Profit (CVP) Analysis
Assumptions of CVP
The Basic CVP Model
Extensions of the Basic CVP Model
Make vs. Buy (Outsourcing)
Performance Improvement
Day 3: Economic Characteristics of Costs
Relevant Costs for Decision Making
Short-run vs. long-run
Pitfalls to avoid
10 ways to improve healthcare cost management
Report results using a balanced scorecard technique
Adopt benchmarking
Costs for Strategic Decision-Making
Day 4: Costs and Business Pressures
Cost containment strategies
Health issues around the world
Healthcare market
Health risk
Employment challenges
Lifestyle and chronic disease
Preventing and managing claims
Day 5: Encourage Healthy Behaviours
Incentive and Knowledge
Combating Rising Employee Health Care Costs
Cost Shifting Versus Cost Management
Ways to Differentiate your Healthcare Program
Employee Assistance Plan (EAP)
Health Portal
Health Risk Assessment (HRA)
Internationally-renowned faculty. An exceptional student cohort. Challenge your perspectives and develop the skills to lead with confidence.