Decision Making Within The Organization - 1002 Words

First and foremost, stakeholders are individuals that have an interest or even influence of decision making within the organization. Stakeholders along with elected officials, organizations, and special interest groups are valued based on their contributions and connections. In comparison amongst all organizations, healthcare stakeholders play a key integral part because of regulations. Health care is highly regulated and policy driven and the right personnel in your corner can go a long way. Many healthcare stakeholders are involved in the development of policy and have key capital connections to promote and deny potential health care business altering regulations. They provide the funds which give organizations power to promote and push their policies through legislatures. The funds that they provide can also be utilized to defund conflicting policies. The main goal for stakeholders is profitability, more profit is equivalent to more power. Aligned with profitability stakeholders i nvest in productivity that yields the most profitability. Unfortunately, the influence that stakeholders have on policy making can be directly related to money, they continue to hold great power in the process because all promoted policies need a beneficiary. Financial Standing The last 5 years Kindred has been blasted with many highs and lows due to the revolving healthcare industry. The last 2 years Kindred has reported losses in some quarters due to various reasons. TheShow MoreRelatedBalanced Scorecards And How They Can Be Used For Goal Setting And Decision Making Within An Organization1020 Words   |  5 Pagesthey can be used for goal-setting and decision making within an organization. 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In functional organizational structure, employees of the health agency operate on defined roles and obligations towards the realizationRead MoreImplementation Of Business Intelligence On Health Care Organization Essay1424 Words   |  6 PagesImplementation of Business Intelligence on Health Care Organization Mounika Punreddy MS 611 – Project California University of Management and Sciences â€Æ' Abstract The proposed project would investigate critical issues been faced by the healthcare organizations in implementing the business intelligence solutions within the system. In spite of a number of research studies carried out on implementation framework for business intelligence tools, there is negligible literature available specific to theRead MoreHome Depot Case Study1456 Words   |  6 PagesHome Depot Case Study 1. In what ways can (a) decentralizing and (b) centralizing authority help an organization like Home Depot to improve its performance? 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What ethical implications must be considered and addressed by the technology manager in implementing these strategies? A. Describe how organizational structure, culture and decision making strategies play a key role in the effective implementation of cyber-security. Cybersecurity has, in the pastRead MoreOrganizational Change Plan Procedure1406 Words   |  6 Pagestangible elements. A detailed plan includes the necessary steps for an organization to carry forward its change objectives including the handling of transition. The process adopted for change management should include a clear purpose for change as well as a strategy for implementing the desired change. Introduction: The change is managed through developing a detailed analysis of current and prospective situations within an organization. It is necessary to address all relevant aspects of change in orderRead MoreDecision Making Of The Workplace965 Words   |  4 Pagesand day out making decisions. Some of these decisions that we as individuals make can impact numerous of aspects of our life. According to authors Robins and Judge (2009), â€Å"decision making occurs as a reaction to a problem† (Robins Judge 2009, p. 147). It is important to truly understand the importance of the decisions that we make throughout our everyday life. With job rotation and the job characteristic model decision making is in the workplace is truly important. Decision Making in the WorkplaceRead MoreLeaders Are Born Or Made?1036 Words   |  5 PagesOn the other hand, management as it relates to the workplace is a relatively newer concept in that it became more visible in organizations around the time of the Industrial Revolution. It was during this time that large scale industrial plants with their high number of employees were in need of people and processes that would make their complex and disorganized organizations operate smoothly and more efficiently (Kotter, 1990). As a result, management as it is known today became commonplace. The