Welcome to BDO UK

Home

United Kingdom

skip to main menu | skip to sub menu | skip to search | skip to content

Main menu

Home
- Sectors
- Services
- Key contacts
- Press
- Events
- Library
- About us
- BDO careers

Financial Performance Improvement

BDO’s Healthcare Advisory Practice brings a fresh approach to NHS Financial Performance Improvement (FPI) by combining consulting best practice with a deep understanding of the way the NHS operates. We work in partnership with our clients to deliver sustainable operational and strategic change in an increasingly complex and challenging environment. At the heart of our approach is a focus on Ideas, Delivery and People Change.

Ideas

Experience tells us that staff need to own changes in order for them to succeed. At BDO we work on the basis that it is not possible to have too many good ideas, nor to have too engaging a process to identify them. Whilst we bring a wealth of ideas from our work with other Trusts, by working closely with clinical and non clinical staff, we ensure that these are locally owned and supplemented by the most innovative and effective ideas from within client organisations.

Delivery

In BDO’s work successfully improving the finances of NHS organisations the same key delivery lessons emerge:

Focus on action. Plan carefully, empower people to own and deliver, then monitor actively.
Create high trust environments. Challenging times often draw decision making towards the centre. Avoid this temptation. Creating high trust environments correlates strongly with quicker, longer lasting and lower cost change.
Monitor lead indicators, not lag indicators. Steer the ship by looking where you want to go, not where you’ve come from. The financial ledger is a lag indicator. Someone doing what they said they would is a lead indicator.

People Change

Working with internationally recognised leadership development organisation FranklinCovey, we deliver targeted development and coaching for key individuals involved in delivering change. Where patients are key to delivering changes, we use innovative but evidence based Social Influence techniques as part of our solution, delivered in partnership with behavioural change specialists at Influence at Work. Finally, our method of forming blended teams makes joint working a reality and provides senior managers with confidence that the desired change will happen.

If you are interested in a no obligation meeting to discuss our approach to FPI, please contact Steve Smurthwaite.

Click here to view our financial performance improvement case studies

Contacts

Steve Smurthwaite

Director
Telephone: 020 7893 2177 Email Steve

Sub Menu

Sectors
- Energy, Environment and Clean Technology
- Family Business
- Financial Services
- Leisure and Hospitality
- Manufacturing
- Natural Resources
- Not-for-Profit Organisations
- Private Equity
- Professional Services
- Public Sector
  - Central Government
  - Local Government
  - Healthcare
    - Financial Performance Improvement
    - Clinical commissioning groups
    - GP Services
  - Audit and Financial Advisory
  - Infrastructure
  - Buying Solutions
- Real Estate and Construction
- Retail and Wholesale
- Technology Media and Telecoms

Accountants and Business Advisers © 2013 BDO LLP. All rights reserved. BDO LLP, a UK limited liability partnership registered in England and Wales under number OC305127, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. A list of members' names is open to inspection at our registered office, 55 Baker Street, London W1U 7EU. BDO LLP is authorised and regulated by the Financial Services Authority to conduct investment business. BDO is the brand name for the BDO network and for each of the BDO Member Firms.