Track A: From Data to Action: A Leader's Role in Cultivating Veterinary Well-being
Addie Reinhard, DVM, MS
Veterinarians and veterinary support staff often face high risks of stress, burnout, and other mental health issues. This presentation will examine the reasons behind these challenges and explore what leaders can do to mitigate them. We will start by reviewing the latest research on mental health and well-being in the veterinary field. Next, we'll identify strategies for leaders to foster healthier work environments. The program will also highlight available well-being resources, including practical tools that can be implemented to improve mental health in the veterinary profession.
Learning Objectives:
1. Explain recent research findings on mental health and well-being in the veterinary profession.
2. Describe the 4 A's of creating a mentally healthy workplace.
3. Identify three strategies, both individual and organizational, to enhance well-being.
Track B: Guiding Your Team: Fostering Self-Actualization Through Psychological Safety
Marcus Sylvas, Ph.D.
Many employers face challenges in recruiting top talent and retaining employees. Could it be that your organization isn't offering the experiences employees need to thrive? If recruitment and retention are concerns, this session is for you! Discover how self-actualization plays a crucial role in enhancing an employee's experience. We'll explore psychological safety strategies that can transform how your team enjoys their work, leading to unprecedented satisfaction and performance.
Track C: Your Practice Needs an Operating Budget
Grace Ursery, BA, RVT, CVPM
This presentation explains why an operating budget is essential for any veterinary practice aiming to achieve profitability within a given year and have the financial resources for long-term success. It will provide an overview of the three critical financial statements any business needs, focusing on the income statement.
Using the framework of a veterinary chart of accounts, the presentation will break down the components of a practice's Profit & Loss report, show where those values come from, and explain how daily actions on the hospital floor impact those numbers. By defining an operating budget and detailing its key components—such as revenue projections, fixed and variable costs, operating expenses, and net income/profit margin goals—practice leadership will better understand how these elements support their strategic business plan.
With this foundational knowledge, we will discuss building a budget based on past performance and anticipated future events.
The benefits of having an operating budget include improved financial control and accountability, enhanced strategic decision-making, effective performance tracking, better cash flow management, and increased ownership confidence. Finally, we will address common challenges such as overestimating revenue, unexpected expenses, and resistance to change, emphasizing that overcoming these obstacles is crucial for building profit and securing the future of the veterinary practice.