• Driving Financial Productivity During Veterinary Consultations Without Selling a Single Thing

    Driving Financial Productivity During Veterinary Consultations Without Selling a Single Thing

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    I have never met a vet who wants to feel like a “salesperson” and I totally agree! However, having observed and coached thousands of veterinary consultations, vets tend to adopt one of two distinct clinical orientations or 'strategies' when faced with symptoms which significantly impact their financial productivity. I call the first style is a Reactive clinical orientation whereby the vet tends to treat a presumed diagnosis. The second style is a Proactive clinical orientation whereby the vet prefers to confirm the diagnosis, then treat. So instead of encouraging vets to "sell" more, financial productivity (as well as client compliance) can be radically increased by understanding the relationship between a metric called our "diagnostic ratio" and our financial performance. To achieve this we need to be to communicate our diagnostic recommendations to clients in a way whereby they are perceived as “buying useful information” as opposed to “selling unnecessary tests”.

    Business/Practice Management

    Presented by Dr Brian Faulkner BSc (Hons), BVM&S, CertGP(SAM), CertGP(BPS), MBA, MSc(Psych), MRCVS
    Veterinary Consultant at Colourful CPD, Honorary Associate Professor Veterinary Business at University of Nottingham

    Sponsored by Colourful CPD and BVRA

    Presented at Singapore Vet 2019
    Business Theatre
    Saturday, 12 October at 13:50 PM