Compass is a metaphor for an intuitive sense of direction and leadership. A map is a metaphor for a predetermined plan or method. For my career in healthcare, I would like to have a combination of intuition and structure. #MGT725#ch10#Qu12
Through strategic organization planning, health care organizations can take advantage of the available opportunities that offer resources, support and help overcome the challenges to ensure smooth operational management #ch9#Qu12#csimgt725
Evolutionary strategic change is the change in the directional strategies which allows organizations to remain agile enough to maneuver in its changing environment. #MGT725#ch8#Qu9
Public health and not-for-profit organizations set priorities for programs to fill health care needs within the community that have not been addressed through the private sector as a way to fill the identified health care gaps #CSIMGT725#ch7#Qu12
Enhancement strategy: improve operations within products or services through quality programs, increasing flexibility & efficiency & so on. Status quo strategy : the maintenance of scope strategy to maintain the market share and services at the same level #csimgt725#ch6#Qu11
The best way to involve the board in the development of directional strategies is to have them set the ultimate direction for the corporation, reviewing and approving strategies and assessing the risks that may affect the companyโs long term performance #ch5#Qu12#Mgt725
Resource leveraging is important as it is a matter of attitude and willingness to take risks and do things in new and innovative ways to learn from the experience of others and pursue excellence in all aspects of organizational performance #Mgt725#ch4#Qu12
Healthcare orgs attempt to determine competitorsโ strategies as they gather information to make important offensive and defensive decisions, improve its chances of competitive advantage and help examine its strengths and weaknesses #csimgt725#ch3#Qu9
I tried my best to imagine what a stakeholder map for a healthcare organization would look like and employed my Microsoft skills to put together the following map. The external stakeholders would be the govโt, pts, ins companies, the community and suppliers. #CSIMGT725#ch2#Qu12
A realized strategy is the one that is developed and subsequently works out successfully. A strategy becomes realized when it was never intended as strategic management is not always structured and thought doesnโt always precede action #CSIMGT725#ProfTimRN#Ch1#Qu12
Fraud: an intentional act of deception- a person provides false information on purpose to gain benefits. Abuse: improper handling of resources that may be unintentional- unnecessary medical tests or practices that doesnโt comply with professional standards #csibus605#Ch16#Qu1
Legal behavior is governed by written laws while ethical behavior is based on human rights and wrongs. Legal behavior is dictated by the governmental laws while ethical behavior is dictated by ethical standards something could be legal but not ethical. #csibus605#ch15#Qu1
I would make sure the person is aware of the importance of cultural proficiency in healthcare settings. I would also pinpoint the difference such a training will make in the daily interactions of the individual as a person and not just a healthcare provider #csibus605#ch14#Q7
NPDB is a workforce tool that prevents practitioners from moving to a different state without disclosure of previous damaging performance. It was created to have a system whereby healthcare entities could identify those who engage in unprofessional behavior #csibus605#Ch11#Q6
Cost allocation ensures the costs assigned to departments and services are being assigned to them. It also ensures that the patients are paying a fair sum of what it costs to deliver their care. It helps managers identify cost drivers and misallocated costs. #Csibus605#Ch10#Qu2
HIPAA helps protect individuals medical records and other personal information. It also sets the boundaries that dictate the release of medical information. Security breaches subject the institutions to legal action and lead to financial as well as data loss #csibus605#Ch8#Qu7
Patients view quality as fast, efficient services provided with compassion and skills. Providers view quality as the best possible care for patients. While hospitals and insurance companies view quality as cost effectiveness. #csibus605#Ch7#Qu1
An example of a cause-related marketing campaign in healthcare would be the pink ribbons meant to raise awareness about breast cancer. Pink ribbons are now commonly known as the breast cancer support ribbons. When sold, they help raise money for the cause. #csibus605#ch6#Qu6
Empathy is defined as being sensitive to the emotional state of others. Empathy takes 3 forms: emotional, cognitive and empathic perspective-taking. Empathy provides the employees with understanding which creates a friendly atmosphere in the workplace. #Csibus605#ch4#Qu10