Getting from strategy to success

Evaluating, developing and implementing new opportunities in practice

Abstract

Success of a veterinary practice relies not only on successful medical and surgical skills, but also on skills related to management of the veterinary business. One area of business management important to veterinarians is evaluating, developing, and implementing new opportunities in practice. Understanding and implementing a strategic planning process can help practices to achieve long-term success and help serve their communities, clients, and employees. This presentation will explain the strategic planning process, outline the importance of growth to any business, and explore several financial evaluation techniques. Implementation of these concepts should help a veterinary practice team to be successful in the long term.