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The Official Blog of the Florida Sterling Council

Perspectives: Trustbridge’s Veronica Marino talks Six Sigma

Authored by: Florida Sterling Council

July 17, 2017

Veronica Marino, Director of Operational Excellence for Trustbridge talks about how Six Sigma had made a positive impact on the leadership, employees, and patients in her organization.

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Perspectives: Gustavo Fernandez, M.D., Medical Director for the Lennar Foundation Medical Center

Authored by: Florida Sterling Council

June 16, 2017

Gustavo Fernandez, M.D., Medical Director for the Lennar Foundation Medical Center, at the University of Miami, discusses the importance Six Sigma and its impact on leadership.

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Four Recipients of 2017 Governor’s Sterling Awards Announced

Authored by: John Pieno, Chairman

May 18, 2017

Governor Rick Scott and the Florida Sterling Council today announced that the Florida Department of Health in Bay County is the recipient of the prestigious Governor's Sterling Award for 2017.

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Sterling Perspectives - Michael Eugene

Authored by: Florida Sterling

April 26, 2017

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Limitations of Return on Investment

Authored by: Bob Seemer – 20 year member of the Florida Sterling Council Board of Directors

February 23, 2017

Return on Investment (ROI) examples like the one used in last week’s post reveal one of several limitations when using ROI, particularly when comparing investments or the value of projects. While the ROI of the second project was much lower than that of the first investment, the time to realize the benefits of the second project was much less. The ROI for the first investment was 29:1 in one year and the ROI for the second project was 15.7:1 in only six months. At first glance, the first project was more financially beneficial; however, when the time to achieve the benefit is considered, the second project yielded its benefits in only half the time of the first project. To properly compare the value or potential value of both projects, they must use the same time factor. By annualizing the second project, the calculations would be as follows: $250,000 X 2 = $500,000 - $15,000 divided by $15,000 = 32.3:1.

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