GRADING RUBRIC MUST BE FOLLOWED
Generate recommendations for process improvement and organizational fitness for a selected organization in the form of a 6– 8-page proposal that is targeted for its management team.
Questions to Consider:
- How does a health care leader establish a culture of patient safety?
- How are risks to patient safety assessed and managed in your current or future work setting?
- What are the other types of risks that are assessed and managed?
- What are the important factors that need to be monitored in your selected work setting?
- How can you contribute to risk management and patient safety within your job?
Imagine that you are the new CEO of your organization, and are charged with transforming the previous status quo to an efficient, high-performing accountable care organization.
- Which tools would you put to work in your new position?
- What types of individuals would be needed for your executive leadership team?
- What competencies might be important to the team members?
- What processes, structural models, or frameworks from this course might help you as a transformational leader?
Preparation
The goal of this assessment is to generate recommendations, in the form of a proposal for process improvement and organizational fitness. Make your recommendations for the organization you selected in Assessment 4 for the balanced scorecard presentation. Apply the concepts of balanced scorecards to create your recommendations.
Instructions
In your proposal, use specific language and include evidence-based concepts from peer-reviewed literature, including a minimum of four outside peer-reviewed sources. Communicate information and ideas clearly, accurately, and concisely, including reference citations and using correct grammar. Include the following in your proposal:
- Describe the selected organization, including its vision and mission.
- Analyze the company using any adaptation of the Kaplan and Norton balanced scorecard framework that fits your selected organization. Refer to the materials in the Resources.
- Communicate vision, strategy, objectives, measures, targets, and initiatives for each of the following four elements through a macro-level discussion:
- Financial performance measures.
- Internal business processes.
- Learning and growth.
- Customer satisfaction.
- Convey the organization’s values through an ethical, organizational, and directional strategy.
- Recommend evidence-based and best practices for monitoring and improving discussions.
- Generate one recommendation for each of the following:
- Process improvements.
- Quality improvements.
- Organizational efficiency.
- Learning implementation.
- Implementation and evaluation.
Resources:
Balanced Scorecard
The following resources are required to complete this assessment.
This article introduces the concept of a balanced scored to motivate and measure a business unit performance.
- Kaplan, R. S., & Norton, D. P. (1996). Linking the balanced scorecard to strategy. California Management Review, 39(1), 53–79.
The following reading is available full-text in the Capella University Library. Search for each article by clicking the linked title and following the instructions in the Library Guide. This article explores measure that drives performance using a balanced scorecard.
- Kaplan, R. S., & Norton, D. P. (1992). The balanced scorecard: Measures that drive performance. Harvard Business Review, 70(1), 71–79.
Balanced Scorecard
- Balanced Scorecard Institute. (n.d.). Balanced scorecard basics. Retrieved from
- Behrouzi, F., Shaharoun, A. M., & Ma’aram, A. (2014). Applications of the balanced scorecard for strategic management and performance measurement in the health sector. Australian Health Review, 38(2), 208–217.
- Ippolito, A., & Zoccoli, P. (2013). Theoretical contribution to develop the classical balanced scorecard to health care needs. International Journal of Healthcare Management, 6(1), 37–44.
- Koumpouros, Y. (2013). Balanced scorecard: Application in the General Panarcadian Hospital of Tripolis, Greece. International Journal of Health Care Quality Assurance, 26(4), 286–307.
- Meena, K., & Thakkar, J. (2014). Development of balanced scorecard for healthcare using interpretive structural modeling and analytic network process. Journal of Advances in Management Research, 11(3), 232–256.
Quality Improvement Best Practices
- El-Jardali, F., & Fadlallah, R. (2017). A review of national policies and strategies to improve quality of health care and patient safety: a case study from Lebanon and Jordan. BMC Health Services Research, 17.??
- American College of Healthcare Executives. (n.d.). ACHE code of ethics. Retrieved from
- Chavan, M. (2009). The balanced scorecard: A new challenge. The Journal of Management Development, 28(5), 393–406.
This article chronicles the evolution of BSC performance management framework.
Norton, D. P. (2008). Strategy execution needs a system. Retrieved from
Expert Solution Preview
Introduction:
As a medical professor, it is important for me to educate college students on the importance of patient safety and risk management in healthcare. In this proposal, I will be providing recommendations for process improvement and organizational fitness for a selected organization through the use of balanced scorecards. I will also be addressing the following questions: How does a healthcare leader establish a culture of patient safety? How are risks to patient safety assessed and managed in your current or future work setting? What are the other types of risks that are assessed and managed? What are the important factors that need to be monitored in your selected work setting? How can you contribute to risk management and patient safety within your job? Additionally, I will be discussing tools that I as the new CEO would put to work, the individuals I would need for my leadership team and important competencies of those team members.
Recommendations for Process Improvement and Organizational Fitness:
The selected organization for this proposal is a hospital system that values the importance of patient safety. The vision of the hospital system is to provide high-quality healthcare services that are accessible, affordable, and patient-centered. The mission of the hospital system is to promote health, improve quality of life and deliver exceptional care. In order to achieve this mission and vision, there are several recommendations for process improvement and organizational fitness that can be implemented.
Firstly, in order to establish a culture of patient safety, it is important for healthcare leaders to lead by example and prioritize the importance of patient safety through open communication and transparency. Healthcare leaders must ensure that the hospital system has clear policies and procedures in place for risk management and regularly assess and evaluate these policies. This can be done through regular training and education for staff, encouraging reporting of incidents, and implementing a system for continuous quality improvement.
Secondly, risks to patient safety should be assessed and managed through a systematic approach that identifies potential hazards and takes steps to eliminate or reduce them. This can be achieved through conducting regular risk assessments, root cause analysis, and creating action plans that address identified risks. Other types of risks that may be assessed and managed include financial risks, reputational risks, and operational risks.
Thirdly, important factors that need to be monitored in the selected work setting include patient satisfaction, quality of care, and staff engagement. These can be monitored through surveys, feedback from patients and staff, and through regular audits and benchmarking.
As a medical professor, I can contribute to risk management and patient safety within my job by educating and training college students on the importance of patient safety and providing them with the tools and knowledge to identify and manage risks. By doing so, I can help to promote a culture of patient safety in healthcare organizations and contribute to the quality of care provided to patients.
Tools to Put to Work as the New CEO:
As the new CEO of the hospital system, there are several tools that I would put to work in my new position. One tool that would be useful is the balanced scorecard, which is a performance management framework that is used to align business activities with the strategic goals of an organization. The balanced scorecard can be used to create a macro-level discussion around financial performance measures, internal business processes, learning and growth, and customer satisfaction. By doing so, it can help to align the hospital system’s goals with its day-to-day operations and ensure that it is meeting the needs of its patients and stakeholders.
In order to create an efficient, high-performing accountable care organization, I would need a strong executive leadership team. The individuals needed for my leadership team may include a Chief Medical Officer, a Chief Financial Officer, a Chief Nursing Officer, and a Chief Quality Officer. These team members would need to have strong leadership skills, be able to work collaboratively, and have a deep understanding of the healthcare industry.
Important competencies for team members may include strategic planning, project management, financial management, communication skills, and change management.
Processes, structural models, or frameworks from this course that may help me as a transformational leader include the balanced scorecard, performance improvement models such as PDCA and DMAIC, and quality improvement models such as Lean and Six Sigma. By using these frameworks and models, I can ensure that the hospital system is meeting its strategic goals, improving its processes, and providing high-quality care to its patients.
Conclusion:
In conclusion, promoting a culture of patient safety and managing risks is essential in providing high-quality healthcare services. Through the use of balanced scorecards, hospital systems can create a macro-level discussion that aligns their day-to-day operations with their strategic goals. As a medical professor, I can contribute to risk management and patient safety by educating and training college students on the importance of these topics. As a CEO, it is important to have a strong executive leadership team with the necessary competencies to drive change and improvement within the organization. By implementing evidence-based and best practices for monitoring and improving discussions, process improvements, quality improvements, organizational efficiency and learning implementation, healthcare organizations can meet their strategic goals and provide exceptional care.
Expert Solution Preview
Grading Rubric:
Introduction:
As a medical professor, it is important for me to educate college students on the importance of patient safety and risk management in healthcare. In this proposal, I will be providing recommendations for process improvement and organizational fitness for a selected organization through the use of balanced scorecards.
1. Describe the selected organization, including its vision and mission.
The selected organization for this proposal is a hospital system that values the importance of patient safety. The vision of the hospital system is to provide high-quality healthcare services that are accessible, affordable, and patient-centered. The mission of the hospital system is to promote health, improve quality of life and deliver exceptional care.
2. Analyze the company using any adaptation of the Kaplan and Norton balanced scorecard framework that fits your selected organization.
The balanced scorecard framework can be used to analyze the hospital system in the following four elements:
Financial performance measures: This includes revenue and profitability, and can be measured through metrics such as net income, return on investment, and revenue growth.
Internal business processes: This includes the processes and systems within the hospital system, and can be measured through metrics such as cycle time, process efficiency, and employee productivity.
Learning and growth: This includes the development of employees and organizational capabilities, and can be measured through metrics such as employee satisfaction, training hours, and innovation.
Customer satisfaction: This includes the satisfaction of patients and stakeholders, and can be measured through metrics such as patient experience scores, net promoter score, and customer loyalty.
3. Convey the organization’s values through an ethical, organizational, and directional strategy. Recommend evidence-based and best practices for monitoring and improving discussions.
The hospital system can convey its values through an ethical, organizational, and directional strategy by prioritizing patient safety and care, promoting open communication and transparency, and establishing policies and procedures for risk management. Evidence-based and best practices for monitoring and improving discussions include regular training and education for staff, encouraging reporting of incidents, and implementing a system for continuous quality improvement.
4. Generate one recommendation for each of the following: process improvements, quality improvements, organizational efficiency, learning implementation.
Process improvements: Implement a system for reporting and addressing incidents, and conduct regular audits and risk assessments to identify potential hazards.
Quality improvements: Establish metrics for quality of care and patient satisfaction, and conduct regular surveys and audits to monitor performance.
Organizational efficiency: Implement system-wide electronic medical records to improve efficiency and accuracy of patient data, and streamline processes to reduce waste and improve productivity.
Learning implementation: Provide regular training and education for staff on patient safety and risk management, and establish a system for continuous learning and development.
5. Implementation and evaluation.
The implementation and evaluation of these recommendations can be done through regular monitoring and benchmarking of performance metrics, conducting regular audits and risk assessments, and gathering feedback from patients and staff. Continuous improvement should be prioritized through regular assessment and adjustment of processes and systems.
Conclusion:
Through the use of balanced scorecards and evidence-based recommendations, the hospital system can prioritize patient safety and care, improve quality of care and organizational efficiency, and promote a culture of continuous learning and development. As a medical professor, I can contribute to these efforts by educating and training college students on the importance of patient safety and risk management.
