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    Medical Billing - GD0 Record Fields 26 Through 31
    CMNs for medical billing are some of the most important pieces of information that are sent. In this installment of our electronic medical billing series, using NSF 3.01 specifications, we'll be continuing with our review of the GD0 record, which is a generic CMN, picking up with field number 26.GD0 field 26, positions 69 - 71, is the insu
    do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization

    Implementing Total Productive Management (TPM)
    Total Quality Management (TQM) and Total Productive Management (TPM) can be effective management tools when applied correctly; however, when implemented haphazardly, they can be counterproductive. Please read some books by Deming, Juran, or Crosby before implementing either of these process improvement strategies.In my experience, Total Pro
    Imagine if you were no longer threatened by consulting commoditization and the resulting loss of firm revenues. What if you could leverage technology in a way that would increase your profit margins and open doors of unlimited add-on consulting opportunities?

    You are painfully aware that service-capability selling by a consulting organization no longer works. Clients are increasingly seeking productized consulting solutions to common business problems.

    Now absorb this information: Gartner reports that the consulting organizations that will ultimately survive in the future will be those that create standard, repeatable consulting services.

    What then, is the secret to building a thriving consulting practice in the face of commoditization?

    1. Do This to Stand Out in a Commoditized Crowd Al Ries, author of The 22 Immutable Laws of Branding observed that most professional service firms are good at generating prospects, but not at branding. The key is not what you do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization

    That's My Story And I'm Sticking To It
    If you're a hiring manager that utilizes pre-employment assessments, check out Jonathan P. Niednagel and his website/blog, BrainTypes.com. The guy drives me nuts for no other reason than the fact that he updates so infrequently and I really like what he has to say. His area of expertise is in professional athletics and he's made a name for himself
    ities?

    You are painfully aware that service-capability selling by a consulting organization no longer works. Clients are increasingly seeking productized consulting solutions to common business problems.

    Now absorb this information: Gartner reports that the consulting organizations that will ultimately survive in the future will be those that create standard, repeatable consulting services.

    What then, is the secret to building a thriving consulting practice in the face of commoditization?

    1. Do This to Stand Out in a Commoditized Crowd Al Ries, author of The 22 Immutable Laws of Branding observed that most professional service firms are good at generating prospects, but not at branding. The key is not what you do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization

    Buy A Business With This Strategy And Your Professional Life Will Be Virtually Stress-Free
    One day I was telling a friend of mine about all the reasons why he should do everything he can to keep the seller of a business he was buying on board to manage it. When I got through telling him why this would add years to his life and make his business life virtually stress-free, he asked what he should do if the owner wants to ju
    eports that the consulting organizations that will ultimately survive in the future will be those that create standard, repeatable consulting services.

    What then, is the secret to building a thriving consulting practice in the face of commoditization?

    1. Do This to Stand Out in a Commoditized Crowd Al Ries, author of The 22 Immutable Laws of Branding observed that most professional service firms are good at generating prospects, but not at branding. The key is not what you do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization

    Wholesale Specialization: Specialization In The Wholesale Business
    Specialization is the key to business success. This is especially true in the wholesale business.The majority of wholesalers attempt to be everything to the retailers that they serve. While it might sound appealing to offer a wide assortment of products to your retail accounts, it can actually be counterproductive.The reason that ha
    on?

    1. Do This to Stand Out in a Commoditized Crowd Al Ries, author of The 22 Immutable Laws of Branding observed that most professional service firms are good at generating prospects, but not at branding. The key is not what you do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization

    Keys to Successful Advertising
    There are several methods of advertising on the Internet. Some are free, some are low cost, while others are insanely expensive. The first thing you will need to look at is how much you are willing to pay for traffic, and how far your advertising dollar can go.Let’s say you have got a great idea, and your website is now complete. You are re
    do (the commodity) but the way you do it (your brand).

    Just imagine what would happen if you productized your common business services and then competed on the merits of your brand.

    2. Do This to Profit From Commoditization You probably already know this, but productizing services with pre-defined project plans not only accelerates project completion but also increases firm profit margins.

    Think of how many of your current services could be pre-defined and delivered as a solution package. What affect would that have on your profit margins?

    3. Do This to Move Beyond Commoditization Most experts agree that it costs 6-12 times more to acquire a new customer, than it is to expand your offering into existing customers.

    Can you imagine the doors of add-on opportunities that will open to you as you successfully deliver a productized commodity service?

    Now for the best news of all: productizing your services couldn’t be easier. Software technology exists that allows firms to quickly productize services with project plans, resource plans, billable hours and even client collaboration.

    But be sure to select a software partner that provides:

    1. ASP software (the last thing you ne

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