Manage Your Health Chapter 4-6
Chapter 4
Task 1. Summarize each of the above-proposed projects in a simple table format suitable for presentation to top management. Include the name for each project, identify how each one supports business strategies, assess the potential financial benefits and other benefits of each project, and provide your initial assessment of the value of each project.
Project 1
Recreation and Wellness Intranet Project
Project goal description
Allow employees to register for company-sponsored recreational programs, such as soccer, softball, bowling, jogging, walking and other sports.
Allow employees to register for company-sponsored classes and programs to help them manage their weight, reduce stress, stop smoking, and manage other health related issues.
Track data on employee involvement in these recreational and health-management programs.
Offer incentive for people to join the programs and do well in them.
Business strategy compliance
This project should contribute to reducing internal costs of the company, as one of the strategic key goals.
MYH, Inc. pays 20% more that industry average for employer health care preniums.
This add-on to the existing Intranet will help employees improve their health and at the same time, lead to lower health insurance preniums.
Benifits
Net savings of at least $30/employee/year for full-time employees over the next for years.
Total financial benefit for 20,000 full-time employees, with $30 saving per employee per year, for 4 years is $2,400,000.
Health improve health our employees.
Project 2
Health Coverage Costs Business Model
Project goal description
Develop an applocation to track employee health care expenses and company health care costs.
Application an add-on to the current Intranet and must be secure.
Application should allow several managers and analyst to access and download selective data for further analysis.
The new application must be compatitible with an existing system, so it can import data about
Task 1. Summarize each of the above-proposed projects in a simple table format suitable for presentation to top management. Include the name for each project, identify how each one supports business strategies, assess the potential financial benefits and other benefits of each project, and provide your initial assessment of the value of each project.
Project 1
Recreation and Wellness Intranet Project
Project goal description
Allow employees to register for company-sponsored recreational programs, such as soccer, softball, bowling, jogging, walking and other sports.
Allow employees to register for company-sponsored classes and programs to help them manage their weight, reduce stress, stop smoking, and manage other health related issues.
Track data on employee involvement in these recreational and health-management programs.
Offer incentive for people to join the programs and do well in them.
Business strategy compliance
This project should contribute to reducing internal costs of the company, as one of the strategic key goals.
MYH, Inc. pays 20% more that industry average for employer health care preniums.
This add-on to the existing Intranet will help employees improve their health and at the same time, lead to lower health insurance preniums.
Benifits
Net savings of at least $30/employee/year for full-time employees over the next for years.
Total financial benefit for 20,000 full-time employees, with $30 saving per employee per year, for 4 years is $2,400,000.
Health improve health our employees.
Project 2
Health Coverage Costs Business Model
Project goal description
Develop an applocation to track employee health care expenses and company health care costs.
Application an add-on to the current Intranet and must be secure.
Application should allow several managers and analyst to access and download selective data for further analysis.
The new application must be compatitible with an existing system, so it can import data about