Peter

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH10 #Qu9. Contingency plans should be formulated, since strategic assumptions can change dramatically due to unforeseen factors. This is also a part of the strategic momentum. Managers must be ready to incorporate contingency plans when necessary.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH9Qu13 Technology/equipment will allow the facility to create an impressive first impression from the patients' perspective. It earns prestige, may save more lives and prevent discomfort, creating a faster way to do procedures and helping more patients.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH8Qu8 When a product is widely available, you can modify its attributes and characteristics to meet the needs of individual customers-mass customization. This becomes useful when Physicians meet the needs of individual patients for organizational survival.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH7Qu5 The four stages for Product Life Cycle; Introduction, Growth, Maturity and Decline. Strategic alternatives for the first three are product and market development followed by penetration, then enhancement or status quo then divestiture or liquidation.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH6Qu12 A company which has different units and one or more units are under performing. The company can sell or separate itself from the unit, this is divestiture strategy. Closing down and selling off the assets to pay off the debt is liquidation strategy.

[Peter @Peter_pineandi]

#ProfTimRN #CSIMGT725 #CH5QN13 The board of Trustees should be involved in: the development of strategic direction in order to minimize conflicts, Making policies and providing general guidelines and they formulate mission , vision and value statements.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH4Qu10 Competitive advantage is what gives a company that extra boost to distinguish itself from the competitors. Value in healthcare is a strength because it allows healthcare workers to focus on the health outcomes (quality) and not the amount of care.

[Peter @Peter_pineandi]

#CSIMGT725 #ProfTimRN #CH3Qu5 Porter's five force framework helps Managers and analysts understand where the company is with respect to it's competition. It deals with rivalry, new entrants, suppliers, customers and substitute services. Strategies can be adjusted appropriately.

[Peter @Peter_pineandi]

@franklin_sharia "momentum", I like that. It keeps things going in the right direction.

[Peter @Peter_pineandi]

#ProfTimRN #CSIMGT725 #Ch2Qu3
External analysis is important since it can affect the current status quo of the daily and future operations of the organization. It will provide information which will lead to strategic decisions for the success of the company. For example,PESTEL.

[Peter @Peter_pineandi]

#ProfTimRN #CSIMGT725
In order to respond to the consistent change in demographics, technological, economic and competitive market, leaders of health care systems develop and upkeep strategic planing (Vision for the future) in order to reach their goals and objectives. #Ch1#Q1

[Peter @Peter_pineandi]

@S_Chavis7 Three great opportunities, here is an article on Medical errors. Thanks. #CSIBUS605 #ProfTimRN
https://t.co/lDdkF3s4lT

[Peter @Peter_pineandi]

#CSIBUS605 #Ch8 #Qu4 #Fall2021
The four barriers are: cost to deploy and sustain (EMR is expensive), major changes to clinical workflow, complex user interface and experience (EMR is too complex and takes up a lot time) and interoperability issues (Lack of business education)

[Peter @Peter_pineandi]

#CSIBUS605 #Ch7 #Qu6 #Fall2021
Five Principles of high Reliability are: Preoccupation with Failure, Reluctance to simplify, Sensitivity to Operations, Commitment to resilience and Deference to Expertise.

[Peter @Peter_pineandi]

#CSIBUS605 #Ch6 #Qu9 #FALL2021
By using the "Niche Marketing Strategy" which will allow you to concentrate on a narrow and selected group. Digital approaches for young adults will be: Content Marketing, Patient Portals and Voice activated Search Engine Optimization.

[Peter @Peter_pineandi]

#CSIBUS605 #CH5 #QU4 #FALL2021
SWOT are strategies that compare a company strengths and weaknesses to it's competitors in order to see if a strategy is working, if strengths are enough to overcome the weaknesses then the strategy can effectively be used to surpass the competitor.

[Peter @Peter_pineandi]

#CSIBUS605 #CH4 #QU10 #FALL2021
Meaningful relations can be established once managers understand/can respond to the emotions of the workers without bias. Leads to Collaboration, creativity and high performance. +tive workplace environment=productivity which benefit organizations.

[Peter @Peter_pineandi]

@CeliaC2021 I agree "respect and caring for one another", it doesn't matter if there is a generation, educational, economic or racial gap. Empathy works from within.

[Peter @Peter_pineandi]

@anneperera_ I agree,"basic needs" is very important for employees to be comfortable in order to perform so that the companies reach their goals.

[Peter @Peter_pineandi]

#CSIBUS605 #CH3 #QU11
Generation gaps can create conflicts in the workforce, for example: intrinsic Vs. Extrinsic rewards, time tested work ethics Vs. instant gratification, individuality Vs. team-oriented and generations can be dismissive of each others working abilities.