As chief officer of the Northwest Veterans' Home, you are preparing for a very important meeting with the Joint Budgetary Committee. The purpose of the meeting is that you will request additional funds to operate the Northwest Veterans' Home. You will have to address the issue of efficiency of the operation. You have decided to develop a PowerPoint presentation for your appearance before the committee. One important distinction that must be communicated effectively to the committee is that there are important differences in technical efficiency and economic efficiency. Develop a PowerPoint presentation for the committee meeting. Use web resources and other references form the Library to locate helpful information. Please include a title slide and a reference slide in your presentation. Be sure to reference all sources using APA style.
When developing a presentation there are a few questions you need to ask yourself.
How long have you got?
What is the knowledge on the subject of the audience?
What is the size of the room and number in audience?
...as all of these have an impact on the presentation.
It looks like you need definitions of
"technical efficiency" and "economic efficiency". When you have decided on these think of some ways to illustrate the differences but don't forget any similarites.
The presentation should have a clear start, middle and end. I like to use the format of
Tell 'em what you are going to tell them
Tell 'em
Tell 'em what you have told them.
There are a few web sites with information on APA referencing see for example.
http://www.psychology.nottingham.ac.uk/staff/jas/apastyle2003.pdf
From a personal point of view I avoid using in text referencing on power point slides and put a reference at the bottom of the slide. The reason for this is that having the in text references on a slide annoys quite a lot of audiences.
Hope this is useful.
Title Slide:
Slide 1:
Title: Optimizing Efficiency at the Northwest Veterans' Home
Subtitle: Technical and Economic Efficiency Analysis
Introduction Slide:
Slide 2:
- Introduction to the Northwest Veterans' Home
- Purpose of the meeting: Requesting additional funds for operation
- Focus of the presentation: Addressing efficiency
Slide 3:
- Definition of Efficiency
- Distinction between Technical Efficiency and Economic Efficiency
- Importance of understanding both concepts
Technical Efficiency Slide:
Slide 4:
- Definition of Technical Efficiency
- Explanation of how Technical Efficiency is measured
- Importance of achieving Technical Efficiency in operations
Slide 5:
- Factors affecting Technical Efficiency at the Northwest Veterans' Home
- Roles of staff training, equipment and technology utilization, and resource allocation
- Strategies to enhance Technical Efficiency:
- Continuous training and professional development programs
- Upgrading and maintaining efficient equipment
- Optimizing resource allocation
- Implementing performance indicators and metrics
Economic Efficiency Slide:
Slide 6:
- Definition of Economic Efficiency
- Explanation of how Economic Efficiency is measured
- Importance of achieving Economic Efficiency in operations
Slide 7:
- Factors affecting Economic Efficiency at the Northwest Veterans' Home
- Focus on cost-effectiveness, revenue generation, and resource allocation
- Strategies to enhance Economic Efficiency:
- Streamlining administrative processes
- Enhancing revenue streams through partnerships and grants
- Efficient procurement and supply chain management
- Constant evaluation and cost-benefit analysis
Comparison Slide:
Slide 8:
- Comparison of Technical Efficiency and Economic Efficiency
- Highlighting differences in measurement and objectives
- Emphasizing the need for a balanced approach to achieve overall efficiency
Conclusion Slide:
Slide 9:
- Recap of key points covered
- Importance of addressing both Technical Efficiency and Economic Efficiency
- Commitment to optimizing operations at the Northwest Veterans' Home
Reference Slide:
Slide 10:
- List of sources used in the presentation
- Properly formatted in APA style
Note: Ensure to conduct thorough research using web resources and other references from the Library to gather relevant information on Technical Efficiency and Economic Efficiency. Cite all sources used in your presentation using APA style on the reference slide and within the slides where appropriate.