The Importance of Dashboards in Moving a Strategy into Action
According to McLaughlin and Olson (2012), “a key component of effective operations is the ability to move strategy to action” (pg. 13). Once a health care organization has a strategy, it is then necessary to select the accurate assessment tool to implement the strategy. Balance scorecards, strategy maps, and dashboards are three organizational assessment tools that are used frequently to move a strategy into action.
Read the article, The balanced scorecard, strategy maps and dashboards: Why are they different? at the following link: http://www(dot)cgma(dot)org/magazine/2013/jul/20138186.html
Identify two (2) issues from the list of top issues confronting hospitals in 2016 published by the America College of Healthcare Executives (https://www(dot)ache(dot)org/pubs/research/ceoissues.cfm)
Then choose one (1) tool (balanced scorecard, strategy maps, or dashboards) per selected issue and discuss (from a health care manager perspective) how you would use that tool to minimize the selected issue.
McLaughlin, D. B., & Olson, J. R. (2012). Healthcare operations management (2nd ed.). Chicago, IL: Health Administration Press.
Healthcare Operations
Student’s Name
Institution
Healthcare Operations
Managerial roles might appear a lucrative and easy task as compared to the technical roles in almost all professions, yet in real sense it comes along with challenges that may not necessarily require technical knowledge but excellent craftsmanship. The healthcare managers are not immune from these challenges that require occupational skills as per the American Collee of Healthcare Executives (ACHE) list of burning issues, with financial challenges and personnel shortages on top of the list ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"yYsncg0y","properties":{"formattedCitation":"(ACHE, n.d.)","plainCitation":"(ACHE, n.d.)","noteIndex":0},"citationItems":[{"id":1243,"uris":["http://zotero.org/users/local/IBolxqVE/items/ULVVTITT"],"uri":["http://zotero.org/users/local/IBolxqVE/items/ULVVTITT"],"itemData":{"id":1243,"type":"webpage","abstract":"Results of annual survey on top issues confronting hospitals with data on 2017 survey and links to previous year surveys.","title":"Top Issues Confronting Hospitals","URL":"/learning-center/research/about-the-field/top-issues-confronting-hospitals","author":[{"literal":"ACHE"}],"accessed":{"date-parts":[["2020",8,18]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (ACHE, n.d.). Luckily, there are tools that the managers of the specified industry can employ to improve or evade these issues: scorecards, dashboards and strategy maps ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"8xpyqr2o","properties":{"formattedCitation":"(Cokins, 2013)","plainCitation":"(Cokins, 2013)","noteIndex":0},"citationItems":[{"id":1241,"uris":["http://zotero.org/users/local/IBolxqVE/items/DB345KMG"],"uri":["http://zotero.org/users/local/IBolxqVE/items/DB345KMG"],"itemData":{"id":1241,"type":"article-newspaper","abstract":"Organisations need to...
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