Magazine article Drug Topics

Don't Forget Core Values and Consumers, NACDS Told

Magazine article Drug Topics

Don't Forget Core Values and Consumers, NACDS Told

Article excerpt

Don't change just for change's sake. Look before you leap. Don't throw out the baby with the bath water.

Any way you put it, drug chains should be careful they don't lose sight of who they are as they reengineer themselves to stay afloat in a sea of health-care changes. That's one of the messages that members of the National Association of Chain Drug Stores heard, loud and clear, as they gathered in Maui, Hawaii, recently for their annual meeting.

"It's far more important to understand who you are than where you are going," said Jim Collins, author of the best-seller Built to Last: Successful Habits of Visionary Companies. Based on his study of 18 such forward-looking firms with long records of success, Collins told NACDS members that great companies distinguish between their core values and operating practices and make changes in strategies and goals that preserve their core values. It's crucial for any company to have a deep and honest sense of what it is all about, he declared. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.