Question

In: Nursing

strategic Planning in Health Care Organizations The balanced scorecard (BSC) is a powerful tool that has...

strategic Planning in Health Care Organizations

The balanced scorecard (BSC) is a powerful tool that has been used by many organizations around the world.

Describe three (3) challenges in implementing the BSC.

Providing evidence or information from external sources

. Reference Your paper must be 1 pages

Ginter, P. M., Duncan, J. W., & Swayne, L. E. (2013). The strategic management of healthcare organizations (7th ed.). San Francisco, CA: Jossey-Bass.

Solutions

Expert Solution

Over a period my scuffles in serving customers through this procedure occasioned in appreciated visions to grow actual Balanced Scorecards. The top 3 challenges of applying Balanced Scorecards are:

-Unclear Policy: Some plans incline to be great level, upcoming observing with principles and ambitions. While legal to fuel the depth of the association, they route the jeopardy of thinning the aptitude for conversion into an actual Balanced Scorecard. The greatest medication for these circumstances is to reenter and improve the approach with the proprietors and get stronger course on the ambitions of the corporate. Some of the key mechanisms obligatory for an actual paraphrase comprise financial boards over the average and long rapports, marketplaces and customer sections, ambitions for brand insight, and client worth. These should be declarations of the wanted government’s end state for the preparation prospect.

-Nonexistence of a Mutual Language: It’s mutual to have dissimilar descriptions for policy basics across the association. The connotation of Dream, Assignment, Purposes, Goals, Strategies, Creativities, and other rudiments has to be connected and decided upon by participants crosswise the enterprise. Deprived of the mutual vocabulary the dangers of misalignment crosswise the enterprise are augmented. The finest medicine for this condition is to generate the meanings of this shared language, issue it, and repeat contributors of those meanings at the start of preparation conferences.

-Confusing the early application: There is a great propensity to get misplaced in the particulars and procedures of the Balanced Scorecard. The Planned melodies, Policy Charts, and Flowing to singular level could reason a lot of misperception round the initial method. The best preparation is to stage the method by preliminary with enunciating the BSC crossways the four viewpoints by emerging the Policy Map. This delivers an intellect of clearness for the act plan and can be connected crossways the association. Advanced stages can familiarize more complexity with Themes and flowing miserable to the association.


Related Solutions

how does financial planning and strategic planning influence health care organizations?
how does financial planning and strategic planning influence health care organizations?
What is strategic planning? Is strategic planning an effective or ineffective tool for organizations? What are...
What is strategic planning? Is strategic planning an effective or ineffective tool for organizations? What are the specific elements that make for an effective strategic planning process in organizations?
Strategic Planning in Health Care Organizations Discuss an organization you are familiar with (a current or...
Strategic Planning in Health Care Organizations Discuss an organization you are familiar with (a current or past employer, or an organization to which you belong.) Describe a challenge or opportunity that you have observed and discuss the potential impacts of this challenge or opportunity on the organization. Reference Your paper must be 1 pages Ginter, P. M., Duncan, J. W., & Swayne, L. E. (2013). The strategic management of healthcare organizations (7th ed.). San Francisco, CA: Jossey-Bass.
Strategic Planning in Health Care Organizations Discuss an organization you are familiar with (a current or...
Strategic Planning in Health Care Organizations Discuss an organization you are familiar with (a current or past employer, or an organization to which you belong.) Do you think your organization has a positive culture? Why or why not? Support your answer with an example.. Reference Your assignment must be 1–2 pages and follow APA formatting and citation. Your textbook may be used as a reference. The APA format for your text is as follows: • Ginter, P. M., Duncan, J....
Question: Why is strategic planning for information systems so important to health care organizations in today’s...
Question: Why is strategic planning for information systems so important to health care organizations in today’s health care environment? This Question from Health Information System course
Strategic Planning in Health Care Organizations Porter’s Five Forces focus on competitive forces that affect an...
Strategic Planning in Health Care Organizations Porter’s Five Forces focus on competitive forces that affect an organization. In many industries, including the healthcare industry, there are complementary products and services that add values to consumers. For example, the airline and hotel industries are complementary to each other and create values to travelers by transporting them and housing them during their vacations or business trips. It is also common for these complementary businesses to enter into a strategic alliance to promote...
Strategic Planning in Health Care Organizations 1-Describe two (2) potential barriers that may cause strategic implementation...
Strategic Planning in Health Care Organizations 1-Describe two (2) potential barriers that may cause strategic implementation to fail. Explain why you think these barriers are detrimental to the strategic implementation process. 2-Which is more important, strategic planning or strategic implementation? 3-Support your response with evidence from your textbook or scholarly source Reference Your paper must be 1-2 pages Ginter, P. M., Duncan, J. W., & Swayne, L. E. (2013). The strategic management of healthcare organizations (7th ed.). San Francisco, CA:...
Discuss the Balanced Scorecard (BSC) and its key elements; support your discussion by a diagram. Elaborate...
Discuss the Balanced Scorecard (BSC) and its key elements; support your discussion by a diagram. Elaborate on the advantages that nonfinancial performance measures have over financial performance measures. 350 words
Strategic Risk Management——“Balanced Scorecard” Assume you are presenting (as a consultant) the concept of the Balanced...
Strategic Risk Management——“Balanced Scorecard” Assume you are presenting (as a consultant) the concept of the Balanced Scorecard to the executive team at a company that is considering implementing it for strategy execution the presentation. The Chief Human Resource Office (CHRO) asks the following question: What strategic objectives and performance measures relating to human resources are usually included in a Balanced Scorecard? In one short paragraph, please describe how you would reply to this question.
Explain major differences of a balanced scorecard (BSC) compared to more traditional (financial) performance management techniques....
Explain major differences of a balanced scorecard (BSC) compared to more traditional (financial) performance management techniques. Describe … The characteristics of a good BSC BSC as a tool for strategy Pitfalls of implementing a BSC Effectiveness of BSC approaches as performance management system [25 marks]
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT