Malka Y

[Malka Y @myink2]

@Samah_m14 Act of managing provides the momentum for change, and change is a fundamental part of survival. As HC leaders manage momentum, they chart new courses into the future. It is imperative HC managers understand the changes taking place and strive to create the future #CSIMGT725 #Rply

[Malka Y @myink2]

@Lino_Gaglio_Jr #Csimgt725 #rply The Balanced Scorecard is especially useful is encouraging decision makers to focus on more than financial measures based on past performance. Benefit - Focuses on aspects of operations that directly impact the accomplishments of its strategies.

[Malka Y @myink2]

#CSIMGT725 #Qu12 #Ch10 when the strategic thinking map no longer provides direction & insight, management must dare to innovate & recreate the process, use a compass. The compass is more valuable to chart the course. This requires strategic thinking & leadership.

[Malka Y @myink2]

@msiefeen I agree! When org’s strategically plan their direction, they are positioning themselves for both short term and long term success, after evaluating any obstacles and preparing a plan to overcome it. #Rply #CsiMgt725

[Malka Y @myink2]

@BarbaraGainey3 Any org strategy definitely needs to align with their culture &values or else it won’t be as effective as they’d like. When things are in sync like that, staff will be more receptive to it since it’s all shared beliefs the org is consistent with marketing out. #Rply #CSIMGT725

[Malka Y @myink2]

(2/2) Strategy changes extrnl envrnmt creating new rules for success for competitors, value adding strategies change org in order to support strategy & create new competitive advantages. #CsiMGT725 #Ch9 #Qu14

[Malka Y @myink2]

(1/2) Value adding support strategies are focused inward toward maintaining or changing the org. For those areas that are to be maintained, a future internal analysis should indicate the strengths or competitive advantage has been maintained. #CSIMGT725 #Ch9 #Qu14

[Malka Y @myink2]

@Lino_Gaglio_Jr Great post, Lino! I 100% agree - without Marketing where would any organization be? Marketing definitely elevates an organization and allows it to enter the economy and the market by positioning it for sales to the consumer directly.

[Malka Y @myink2]

#Ch8 #Qu9 Evolutionary strategic change is what happens when new strategic directions come right in front of the eyes of management due to unpredictable things taking place in the environment. The process is rather slow and the strategies come one at a time in an ongoing basis.

[Malka Y @myink2]

@msiefeen Great post! Public health and NFP orgs definitely put the needs of vulnerable populations first and those who do not have access to heath care. Through community outreach and education, goal is to bridge the HC gap #Rply #CSIMGT725 #ProfTimRN #Ch7

[Malka Y @myink2]

(2/2)Market Exit Strategies r methods 2 either rapidly/slowly partially/completely leave markets & similar 2 entry, divestiture shape HC landscape. Specific entry/exit strategy depend on extrnl conditions & internal strength/weaknesses & org goals #CSIMGT725 #ProfTimRN #Ch7 #Qu14

[Malka Y @myink2]

(1/2) Market entry strategies include acquisition, licensing, venture capital investment, merger, alliance, joint venture, internet development & venture, reconfiguring value chain. Acquisitions, mergers & alliances received most media attention. #CSIMGT725 #Ch7 Qu14 #ProfTimRn

[Malka Y @myink2]

(2/2) Understanding the org’s strategic posture and communicating it throughout the org provides decision guidelines and shapes the culture. Needs to be consistent w/ directional, adaptive, mkt entry/exit & positioning strategies. #CSIMGT725 #Ch6 #Qu14

[Malka Y @myink2]

(1/2) Strategic posture concerns an org’s behavior within the market; defending market position, prospecting new products/markets, balancing market defense with careful entry into new areas. #CSIMGT725 #Ch6 #Qu14

[Malka Y @myink2]

@BarbaraGainey3 Mission statement defines how org differentiates itself from other orgs in its industry. More specific than vision statement & is intended to show how stakeholders' needs will be satisfied. Values statement defines how people in org should behave #CSIMGT725 #Rply Great post!

[Malka Y @myink2]

@Emma_Zoe1 Achieving high value for patients must become the overarching goal of health care delivery, with value defined as “the health outcomes achieved per dollar spent” (following Porter’s idea). #CSIMGT725 #Rply

[Malka Y @myink2]

Board of Directors/Trustees are vital for effectiveness of HC orgs bc: 1) responsible for making policies & provide org guidelines 2) formulate the mission, vision and value statements 3) determine compensation of key executives and succession planning #CSIMGT725 #Ch5 #Qu13

[Malka Y @myink2]

@csimgt725 @LinkedIn Thank you, Professor Tim!

[Malka Y @myink2]

@BarbaraGainey3 #CSIMGT725 #Rply definitely!Successful concentration of resources, competencies and capabilities requires not only focusing on relatively few things but focusing on the right things- activities that make greatest impact on patients’ perceived value. This combined creates synergy.

[Malka Y @myink2]

@Rayanarab_ #CSIMGT725 #Rply Competitive advantage is created inside the org through development of unique bundle of resources, exclusive tech, & access to market or new service characteristic that competitors can’t match. Differentiation is typically the basis for competitive advantage.