Question

Health care financial managers stand between the company's real assets and the financial markets where the firm raises the firm's cash. The responsible financial manager will not fixate on short-term financial gain for the shareholder, but rather concentrate on the long-term interests of the company. The maximizing shareholder value approach means that decisions about strategy and tactics are based primarily on financial considerations. With the mission of maximizing shareholder value in mind, how could the health care financial manager help to motivate a large group of employees to exceptional performance? Explain in detail. Should the financial manager have any influence on care mapping within the organization? Why, or why not, and give rationale.

Answer 1

how could the health care financial manager help to motivate a large group of employees to exceptional performance?

Ans. by constant monitoring of workmens performance and a frequent explanation to employees about the importance of the company and its services, its impact on society, how the people receive and feel about the service, loyality creation, image of company in the minds of public and holy service.

once the things are well communicated to the employees, they get motivated...

Reward sytem should also motivate the employees, the manager can focus on providing that.

healthy and well organised work by providing good working environment.

pension, bonus, gratuity etc, can be used to motivate.

he can take care of each and every employee, and try to take thier suggestions and feed back.

Explain in detail. Should the financial manager have any influence on care mapping within the organization? Why, or why not, and give rationale.

Ans. yes, the financial managers have influence on care mapping within the organisation. longer and healthy life of a client provides the company every client to be a prospective one for life long. so, by making a proper care mapping helps the manager to convince his higher officials, to attract all stakeholders and shareholders, builds confidence of success among employees, long lasting and good impression among clients, customers and along brings new customers.