User Account

All Pages

Monitoring and evaluation

Assignment Help Operation Management
Reference no: EM132789557

Monitoring and Evaluation

Effective health care organizations recognize the importance of monitoring the implementation of a strategy as well as ongoing operations. These organizations plan ahead to ensure that appropriate measures are in place for evaluation purposes. For this Discussion, you will examine a strategic planning scenario and identify measures that could be used for monitoring and evaluation.

Prepare for this Discussion as follows:

Review the "Learning Exercise" of Managing Health Care Business Strategy. With this in mind, develop a hypothetical scenario of your own-one that reflects your own interests related to health care strategic planning.

What steps would need to be followed to set up a good strategy monitoring and adjustment program in this scenario?

Prepare a list of approximately eight financial and nonfinancial metrics that you would propose for monitoring in the hypothetical scenario you have developed. Include the sources you would use to gather the necessary data.

Think of an example of something that might be discovered during the strategic monitoring program you are proposing. What adjustments might be made in response?

Describe the hypothetical scenario you have developed.

Explain the steps for setting up a good strategy-monitoring and adjustment program, as it relates to this scenario.

List the eight metrics you have selected and provide a rationale for two or three of the ones that you think are particularly important.

Provide an example of a something that might be discovered during a strategic monitoring program and the adjustments that could be made in response.

Attachment:- References.rar

Reference no: EM132789557

Questions Cloud

Critically evaluate the statement : Critically evaluate the above statement. Impairment is only relevant to assets carried under the cost model. For assets carried under the revaluation model
Why statement is included in the accounting policy note : Explain to the shareholder why this statement is included in the accounting policy note. A first-time shareholder has approached you requesting some advice.
Field operations manual : The OSHA Field Operations Manual (FOM) describe a situation that could be cited as a violation of the General Duty Clause.
Determine the allowable deduction for sunrise company : Determine the allowable deduction for sunrise company. Sunrise Manufacturing is a manufacturer of various products with complex business operations
Monitoring and evaluation : Effective health care organizations recognize the importance of monitoring the implementation of a strategy as well as ongoing operations.
Calculate the total interest she paid on the loan : Isabel received a demand loan from her bank for $8,500 at 4% simple annual interest. Three months later, the prime rate increased and the rate on the loan
What amount of cost of goods sold is reported on the income : What amount of cost of goods sold is reported on the income statement using periodic average cost? What is the cost of ending inventory at December 31
What are the purposes and uses of assets : What are the purposes and uses of assets? What is the main risk of buying or borrowing capital to invest in an asset?
Describe the three products of accounting : Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd