Values of the health care organization

Reference no: EM131025687

1. Is it necessary for organizational mission statements to include all the components discussed in this chapter? How do you decide what components to include?

2. It has been said that vision is necessarily a responsibility of leaders. Why is it important for health care organizations to have "keepers of the vision?"

3. Who determines the values of the health care organization? What values do you think should be shared by all health care organizations? Why?

4. How can health care managers more effectively use directional strategies to stimulate higher levels of performance among all personnel?

5. Why is the board of directors an important group to include in the formulation of directional strategies? What is the board's proper role in formulating these strategies?

6. Explain what is the best way to involve the board in the development of directional strategies?

7. What are critical success factors for an organization? How are they developed? How may they be used?

8. List three reasons why boards of directors or trustees have become increasingly important factors in the effectiveness of health care organizations.

Reference no: EM131025687

Questions Cloud

International financial reporting standards standards : It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. External public accounting firms conduct external audits to ensure outside stakeholders that the company's fin..

Coupon bonds making annual payments : Cavo Corp. has 8 percent coupon bonds making annual payments with a YTM of 7.5 percent. The current yield on these bonds is 7.85 percent. How many years do these bonds have left until they mature? How would i put this into excel?

Discuss major factors governing the relative attractiveness : Discuss the major factors governing the relative attractiveness of a real estate investment. How do traditional measures of investment performance fail to address these?

What will be Manufacturings EBITDA : Jonas Manufacturing makes only one product which sells for $5 each. At a production and sales level of 10,000 units their total variable costs are $20,000 and total fixed costs are $18,000. If they increase their production and sales to 12,000 units,..

Values of the health care organization : Who determines the values of the health care organization? What values do you think should be shared by all health care organizations? Why?

What is breakpoint of debt-breakpoint of retained earnings : Jacobs Corp want to calculate it weighted average cost of capital (WACC). The company's CFO has collected the following information: The company's 20 year long-term bonds with 10% semiannual coupon are currently sold at $950. The firm can issue bonds..

The securitys marketability and liquidity : What is an IPO, and what role does an investment banker play in the process? Suppose you own a security that you know can be easily sold in the secondary market, but the security will sell at a lower price than you paid for it. What would this mean f..

Value of firm right after firm completes stock issuance : The company has the following market values of debt and equity: The firm has 10 shares outstanding; therefore, the current price per share is $5. The managers are considering an investment project with an initial cost of 30. They believe that the pro..

Advantages of resolving a grievances : What are the usual steps in a grievance procedure? What are the advantages of resolving a grievances in the first step? What skills would a supervisor need so grievances can be resolved in the first step?

User Account

All Pages