Why Quality Matters
Option 1
There are a number of resources for both industry professionals and consumers that analyze and publish quality metrics. Examples include: Hospital Compare – published through Medicare.gov, J.D. Power – well known for its car reviews, and Quality Magazine and Quality Digest are two resources used by OM professionals.
OR
Option 2
Quality failures have impacts that go beyond costs. Quality failures can erode an organization’s competitive advantage.
Locate and post a news story from the last six months published in The Wall Street Journal or other reputable source about an internal or external quality failure.
Post your initial response by Wednesday, midnight of your time zone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your time zone.
1st person to respond to
Faith
https://www.wsj.com/articles/alzheimers-drug-from-roche-fails-in-late-stage-trials-11668425663?st=0sam58l4y9gehj9&reflink=desktopwebshare_permalink
Hello Professor and class I chose the article above for my discussion question. The company was working with an experimental drug for Roche that was supposed to decrease Alzheimer’s. The drug, called gantenerumab, slightly reduced cognitive decline in people with early Alzheimer’s. The trials, which lasted more than two years and involved nearly 2,000 participants, compared scores of cognitions and function in areas such as memory, orientation and problem-solving. I one of the trials completed it cognitive function only declined by 8% and the other trial was only by 6%. The cost of this drug failure was great disappointment. The drug that was tested was the first drug to be approved for Alzheimer’s in almost two decades. With the failure of this experiment, they are ending the trials testing gantenerumab in the early Alzheimer’s population. They address the issue by stopping the experiment on this drug. The scientist has gone back to the drawing board to try and figure out a different approach. I think it was a reasonable decision to stop the experiment. If they see that they were not getting the results they were intended. There was no need to continue on with the people taking the medications if they were not helping them. I do not think anymore steps could be taken that were different. I do not think they tried to hide anything and was upfront with the ones that were taking the drug. I like how they pulled the plug on it when the results were not there. Like Mr. Jack Welch said, “In the end, what you’re trying to get to are processes that operate more efficiently.” (Jack Welch)
https://www.wsj.com/articles/alzheimers-drug-from-roche-fails-in-late-stage-trials-11668425663?st=0sam58l4y9gehj9&reflink=desktopwebshare_permalink
JWI 550: Operational Excellence Week Seven Lecture Notes
2d person to respond to
RE: Week 7 DiscussionCOLLAPSE
Good Evening Professor & Classmates,
Option 2: Locate and post a new story from the last six months published in The Wall Street Journal or other reputable source about an internal or external quality failure.
Briefly summarize the issue including what went wrong and whether it was a performance quality or conformance quality issue.
What was the impact on costs to the organization and/or its customers?
How did the organization address the issue? What steps did they take to either correct the problem or provide a resolution to customers? Were these reasonable and fair? Explain.
What steps could have been taken to reduce or prevent this failure?
-J.J.
References
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