A short promotional talk by Dr. Allen Nazeri (DDS, MBA) arguing that dentists must learn management skills because corporate and non-dentist investors are entering dentistry with superior systems, threatening many independent practices. He frames management training (MBA-style tools) as necessary to make strategic, data-driven decisions and announces a December 20–22 event in Phuket at Devana Patong Beach Resort.
Chapters
Hi guys. I just want to take a few minutes and talk to you about why it is important for you to take some management courses for your dental practice. Whether you own a practice or not, it doesn't matter. Even if you are a dentist working in a group practice, you're leading a dental group, you're dealing with management issues every day. So it is absolutely important that you get a hold of good, best management practices. Now what you need to realize is that the landscape for dentistry is changing. There are many, many countries that are opening up.
The availability, or I should say allowing non dentists to own dental clinics. What that means to you and me is that there are people who used to have a barrier of entry coming into dentistry. Now they can easily get into dentistry. And guess what? A lot of them come with lots of money and lots of experience. Lately I came across a company that they sold a huge dentist, a chain of restaurants to private equity investors and they took the money and they started investing in dentistry. And guess what? These guys understand systems, processes, staff management, they have good leadership capabilities and so forth. So all of these guys are going to nibble at your patients and not to mention obviously all the corporate dentistry practices that are growing and so forth. So as a dentist, whether you are a solo practitioner or you already have 9, 10, 11, 12 clinics, you need to become more up to date on the best management practices. And for the last 30 years, I have been a dentist, an entrepreneur.
An angel investor in various dental clinics around the world, as well as a consultant with, with various dental groups. So I have seen what works, what doesn't work. And by putting this together through a collection of all of the information that I can give you from an MBA program, you should be able to go back to your offices with a new way of looking at things. By giving you the tools necessary to make strategic decisions rather than decisions that are based on your instincts and hunch, okay? So you can start competing better in the marketplace because the way it's going, most dentists will shut down their offices within the next five to 10 years. And you may say, well, five, 10 years from now I'm going to retire, so it's not a big deal. Well, guess what? All of these offices are nibbling at your patients. They're taking your patients away every single day because they know how to focus on quality of experience and quality of care. They are able to hire people that are highly skilled to come and work for them. So they will compete with you both on quality of care and quality of experience. Anyhow, I just wanted to throw this out at you. I have many events coming up. Our next event is going to be in Phuket, December 20th to 22nd. It's a beautiful city in the south of Thailand. It's a beautiful beach city. And we're having the program at the Devana Patong Beach Resort. And I hope you can join me because you're going to absolutely learn a lot during that program and it's going to really make you think way outside of the box. Okay, so hope to see you guys there. If you need to contact me, please go through my website, www.Alan Nazaire.com or feel free to use the number below on the comment section and send me a message. Thank you very much.
