Could an MBA benefit your pharmacy?

Contents

  • Welcome
  • Introduction
  • MBA module topics
  • MBA learnings applied to Day Lewis
  • MBA learnings applied to Day Lewis (2)
  • MBA learnings applied to Day Lewis (3)
  • Marketing and human resource management
  • The 7 Habits of Highly Effective People
  • The 7 Habits of Highly Effective People (2)
  • Potential benefits
  • Choosing an MBA for you
  • Action & Evaluation
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Welcome

This CPD module is about the potential benefits of business training for pharmacy. Using case studies from one company, it will consider the advantages that completing an MBA could bring to your business.

An MBA can help you to understand complex business issues

Goal:

  • To explore the benefits and approach of a Master in Business Administration (MBA) course.

Objectives:

  • Understand the benefits that an MBA course offers
  • Examine several case studies from Day Lewis Pharmacy that involved learnings from several MBA principles
  • Be able to explore the potential benefits to your career and your pharmacy business.

Authors:

  • Kirit Patel MBE, MBA, FRPharmS, CEO and owner, Day Lewis Pharmacy Group
  • Jay Patel MBA, head of innovation and co-owner Day Lewis Pharmacy Group.

About this module

Pharmacy needs strong managers, effective leaders and people with the right skills to drive the profession forward. With this in mind, P3 Business CPD modules are written as practical learning tools for use by anyone in the pharmacy team.

Continuing professional development (CPD) is a statutory requirement for pharmacists. Completion of the module will contribute to the nine pieces of CPD that must be recorded in a year, as stipulated by the GPhC.

Record your learning and how you applied it in your practice using the action and evaluation record at the end of this module, which will then be stored in your personal learning log.

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