slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
April 2002 PowerPoint Presentation
Download Presentation
April 2002

Loading in 2 Seconds...

play fullscreen
1 / 17

April 2002 - PowerPoint PPT Presentation


  • 161 Views
  • Uploaded on

Office of Risk Management. SWOT A nalysis S ummary. April 3, 2002. Use the <PAGE DOWN> key to advance through the slides. 22. April 2002. Tommy Arbour Penny Buchanan Mary Ann Christopher Jackie Connors Doris Copeland Kerry Dubea Melissa Harris Richard Hollowell Nancy Messina

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'April 2002' - Samuel


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Office of Risk Management

SWOTAnalysis Summary

April 3, 2002

Use the <PAGE DOWN> key to advance through the slides.

22

1

April 2002

participants
Tommy Arbour

Penny Buchanan

Mary Ann Christopher

Jackie Connors

Doris Copeland

Kerry Dubea

Melissa Harris

Richard Hollowell

Nancy Messina

Sandra Porter

Henry Rayborn

Cindy Roman

Pat Reed

Jack Travis

Ann Wax

Pam Whiteside

Andre’ Comeaux

Debra Lazare

Gary Lee

John Miles

Keshia Thomas

Richard Thompson

PARTICIPANTS

METHODSProject Team Members

ORMProject Team Members

2

what is a swot analysis
WHAT IS A SWOT ANALYSIS?

This SWOT Analysis looks at the ORM’s Strengths and Weaknesses as well as the Opportunities and Threats the ORM faces.

By focusing on the key factors affecting the ORM now and in the future, this SWOT Analysis will provide a clear basis for making decisions.

3

how to evaluate results
HOW TO EVALUATE RESULTS

Strengths and Weaknesses are those factors that are internal to the ORM—the aspects which the ORM can control.

Opportunities and Threats should be external in nature; however, we looked at both both internal and external factors in this exercise.

4

how to evaluate results5
HOW TO EVALUATE RESULTS

The following should be evaluated carefully. Look at Strengths and Weaknesses critically, as if from an outside perspective, i.e., from the viewpoint of someone outside of the ORM. An attribute is only a strength if it would be perceived as such by an external party.

Opportunities and Threats need to be assessed in terms of both the likelihood of actually happening (probability) and significance to the ORM if they do happen (impact).

Make a note of your top 3 factors in each category. If your top factor is missing, add it!!

5

strengths
STRENGTHS
  • Dedicated, knowledgeable and resilient staff
  • Good working relationship with other State Agencies; customer service-oriented
  • Willingness to improve
  • Experienced core staff
  • Self-Insured; ability to service claims better than commercial entity (i.e., TPA); familiarity with State environment; ability to influence coverage
  • Accident Reconstruction Program Access; Quarterly Road Hazard Committee Meetings (inter-agency)
  • Organizational Structure Model tied to Division of Administration; different from other States
  • Teamwork within the respective units
  • Willingness to accomplish Mission Statement; no profit margin/not profit-driven

6

strengths7
STRENGTHS
  • Able to influence legislation; reduction of insurance cost
  • Purchasing easier via use of ISIS
  • Loss Prevention Training Program; improved communication with Safety Committee
  • On-site computer technical support
  • Open door policy of current upper management
  • ORM Claims Council
  • DRL Staffing regarding disposition of cases
  • Anticipation of new office space
  • ORM is a “Hub” for all other agencies
  • Civil Service/Federal Protection (Performance Evaluation/Measurement)
  • Inter-Agency Advisory Council

7

weaknesses
WEAKNESSES

Inter-unit teamwork

Lack of funding as well as ability to monitor and control at the unit level

Training/Cross-training/Transition training

Employee turnover and shortage of personnel

Lack of strategic and tactical planning; lack of input by all levels of staff

Political pressure in Claims/UW handling, general funding and staff hiring

Inability to easily obtain statistical data

Lack of system integration (e.g., Corporate Systems and ISIS)

Corporate Systems not user-friendly

ISIS system downtime

8

weaknesses9
WEAKNESSES
  • Inadequate promotional opportunities
  • Lack of communication
  • Inadequate filtering of pertinent information from upper management to lower-level personnel
  • Budgetary funds limited for supplies, training, equipment, etc.)
  • Ineffective assignment/allocation of personnel
  • Dismissal of problem employees because of Civil Service/Federal Protection
  • Claims investigation process
  • Litigation management
  • Going along with what’s in place instead of making recommendations for change
  • Loss of subrogation opportunities

9

weaknesses10
WEAKNESSES
  • Lack of management “team”
  • Support for development of custom applications or modifications to existing systems
  • Inability to keep knowledgeable telephone receptionist
  • “Childrendo not always play well together”

10

opportunities
OPPORTUNITIES
  • Communications
    • Expand Loss Prevention Newsletter to include all of ORM
    • Training
    • Outreach/Inter-Agency Advisory Council; increase frequency
    • Make more data available to clients (with the proper level of security and access)
    • Provide client-specific consulting more frequently with better information
    • Improved telephone systems (auto call director, rollover/operator support; call monitoring) (Note: OTM survey was done approx. 2 years ago.)

11

opportunities12
OPPORTUNITIES
  • Technology (cont.)
    • Limited access and poor performance at satellite offices. (Note: DSL access in the works.)
    • Internet access for all ORM employees (Note: Already in the works probably before physical office moves.)
    • Desktops for BR field personnel. (Note: Will be addressed with physical move.)
    • Better use of listservs (e.g., insurance information notices, newsletter distribution, etc.)
    • Better use of available technology (e.g., cross-population of data in integrated systems; eliminate duplicate entry of data)

12

opportunities13
OPPORTUNITIES
  • Technology (cont.)
    • Automated tools identification, selection and acquisition process
    • Expanded use of imaging technology
    • More effective use of technology to identify buildings and property
    • Enhance gathering of exposure information
    • Centralized and automated ODRs and standards
    • More access to client information (e.g., DPS crash reports, Dept. of Labor wage information, OGB, etc.)
    • Better tracking of claim status and support for supervisory review

13

opportunities14
OPPORTUNITIES
  • Training
    • Better use of technology for training delivery
    • Skills gap analysis and measurement of training effectiveness
    • Concentrated mini-courses (e.g., claims issues, policies/procedures, Microsoft Word, Microsoft Excel, e-mail, etc.)
    • Enhanced use of digital technology
    • Implement archival/retrieval system
  • Legislation
    • “Bigger stick” to enforce agency collections
    • Review of entities who are currently excluded
    • Proposed legislation that may negatively impact ORM

14

threats
THREATS
  • Litigation
    • Liberalization of workers comp laws or any adjudication processes
    • Absence of retroactivity of changes in the law (e.g., ’95-’96 legislative actions)
    • Judges, plaintiff attorneys, defense attorneys and jury selections (e.g., judges try to compensate for legislative restrictions, legislator/attorneys suing the State, judges who make ruling based on the will of his/her constituents, etc.)
    • Lack of control or adequate input on selection of defense attorneys

15

threats16
THREATS
  • Commercial Markets
    • Terrorism exclusion
    • Mold and fungi exclusion
    • Insurance pricing increasing
  • Miscellaneous
    • Funding tied to legislation
    • Medical costs inflation
    • Uncertainty of new office configuration and how central files will affect claims operation

16

don t forget
DON’T FORGET…

Make a note of your top 3 factors in each category. If your top factor is missing, add it!!

Forward your input or comments to:

Debra Lazare, dlazare@methods-net.com

THANKS!

17