Essentials of Healthcare Strategy and Performance Management: A Practical Guide for Executives and Emerging Leaders

Healthcare organizations and students should ask how to maintain a strategic and competitive advantage in challenging times. Essentials of Healthcare Strategy and Performance Management provides insights into business strategy and performance management for modern healthcare organizations, focusing on implementation of strategy and quality management techniques.

Format: Paperback / softback
Length: 206 pages
Publication date: 07 June 2024
Publisher: Taylor & Francis Ltd

In these challenging financial times, healthcare organizations and students aspiring to become leaders in the field must be asking themselves an important question: how can they maintain a strategic and competitive advantage over other players in their market? Unfortunately, many healthcare organizations have faced significant financial difficulties in recent years, with data suggesting that up to 10% of hospitals will go bankrupt or face closure within the next 10 years. Despite this alarming scenario, there is a lack of pragmatic evidence to guide healthcare leaders in developing effective strategies to improve performance, build resilience, and align stakeholders.

To address this gap, Essentials of Healthcare Strategy and Performance Management offers a comprehensive exploration of the most critical components of business strategy and performance management for modern, complex healthcare organizations. Drawing on pragmatic and real-world evidence, this book provides essential briefings on key topics that every current or aspiring leader needs to know in order to better manage strategy and achieve improved performance in their hospital or health system.

One of the key focuses of the book is the implementation of strategy. It delves into best practices for formulating and executing effective strategies, including the use of strategic planning tools and techniques. The book also discusses the importance of aligning stakeholders and fostering collaboration to achieve shared goals and objectives.

In addition to strategy implementation, the book also provides detailed insights into some of the most important quality management techniques. It covers topics such as patient safety, quality improvement, and risk management, highlighting the role of data-driven decision-making and continuous learning in achieving and sustaining high-quality care.

We believe that Essentials of Healthcare Strategy and Performance Management will be a valuable resource for healthcare leaders and students alike. It provides a comprehensive and practical guide to managing strategy and achieving improved performance in the healthcare industry, helping to inspire leaders to be creative in formulating more effective competitive strategies.

In conclusion, the financial challenges facing healthcare organizations require a proactive approach to strategy and performance management. By embracing pragmatic and evidence-based approaches, healthcare leaders can position their organizations for success and ensure that they remain competitive in an ever-changing healthcare landscape.

Weight: 446g
Dimension: 178 x 253 x 16 (mm)
ISBN-13: 9781032623702