Partnering: An Opportunity For Enhancement Of The Senior Living Experience

Transcription

SENIORSPARTNERING: AN OPPORTUNITYFOR ENHANCEMENT OF THESENIOR LIVING EXPERIENCELeadingAge DCConfidential and proprietary to Sodexo. Do not share or post without proper consent.

PARTNERING IN THE SENIOR LIVING INDUSTRYBy definition, the wordpartnering refers to anassociation betweenparties in a commonactivity or interest.The United States CensusBureau projects that thenumber of citizens over theage of 65 will increasemore than 65% in thenext 20 years.2 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

PARTNERING CONCERNS AND CONSIDERATIONS Control over the community may bereduced Quality of service may suffer. It may be difficult to uphold thecommunity’s mission and goals. Staff may be negatively affected. Why fix what isn’t broken?3 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.30 to 40 percent of seniorcare facilities outsource atleast some part of theirbusiness

KEY BENEFITS OF PARTNERING Cost Savings Operational Efficiency Industry Expertise Reinvention Access to Resources Partnership Options Human Resources Administration Employee Fulfillment Resident Satisfaction4 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

EVOLVING NEEDS & EXPECTATIONS OF TODAY’S SENIORS Technology Health & Wellness Dietary Needs The Environment Social Responsibility5 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

IS PARTNERING THE APPROPRIATE NEXT STEP FORYOUR COMMUNITY? What is prompting me to consider partnering for my community? How do I prioritize my partnering needs? What are my competitors doing?6 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

ESTABLISHING A SOLID PARTNERSHIPConsiderations References Organizational current and future needs Culture and philosophy Contract terms Transparent transition Evaluate operations7 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

LOOKING TO THE FUTURE OF SENIOR LIVINGIn today’s precariouseconomic climate, astrategy that allows thecost of a service to bereduced, while stillmaintaining exceptionalquality, is worthinvestigating.More companies thanever before areproviding solutions forsenior living partners,allowing a senior livingcommunity theopportunity to find theperfect partner to suitits specific needs.8 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.As senior livingcommunities plan forthe future, they must befamiliar with the everchanging needs andconcerns of the seniorpopulation in order toappropriately adaptbusiness plans to suittheir residents.

THANK YOUSandy Hegelein, MS., RD.Sr. Director of Business DevelopmentSandra.hegelein@sodexo.comGino DitrolioDistrict ManagerGino.ditrolio@sodexo.com9 – Partnering: An Opportunity For Enhancement of the Senior Living ExperienceConfidential and proprietary to Sodexo. Do not share or post without proper consent.

Confidential and proprietary to Sodexo. Do not share or post without proper consent. KEY BENEFITS OF PARTNERING Cost Savings Operational Efficiency Industry Expertise Reinvention Access to Resources Partnership Options Human Resources Administration Employee Fulfillment Resident Satisfaction 4 -