StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Internal Business Process Perspective - Admission/Application Essay Example

Cite this document
Summary
The Internal Business Process Perspective Name: Institution: The Internal Business Process Perspective Introduction The Duke’s Children’s Hospital had been in business for a very long time. At this point, it was successfully observed that it was one of the best hospitals in the world, with the highest profitability…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
The Internal Business Process Perspective
Read Text Preview

Extract of sample "The Internal Business Process Perspective"

Download file to see previous pages

This is a continued strife to quell their ailments and diseases. This is through research, laboratory work and surgical procedures. In 1996, the hospital was threatened with very many financial and administrative uncertainties. The negative impact that the lack of finances and employee and management disunity had in the organization was visible from the highest organ possible. The management team and their employees were cash strapped, and this ultimately affected the quality of the services that they offered (Niven, 2010).

This paper will look at the hospital’s implementation of the balance scorecard and how it affected the services offered by the hospital. The financial and administrative woes that the hospital faced created an avenue for them to look into their spending rates and external financial relationships. The BSC was created to seal the loopholes that were created at each and every point in the hospital’s activities. The hospital created a BSC that centered on the clients, operational costs and overall hospital operational strategy.

This meant that the staff and the management team worked around a strategy that cut down on the amount of money that each patient visiting the hospital paid. By reducing this amount, the hospital was attractive to many people who were seeking affordable healthcare. The amount of time spent in the hospital by the patients was also reduced drastically. This created a lot of space for many other patients to be treated and discharged. This meant that the annual revenue collected by the hospital increased and reduced the effects of the negative financial crisis experienced by the hospital.

The staff reacted positively to the BSC. Many of them were willing to struggle through the implementation phase because they knew that if the hospital did not experience a positive turn around, they would lose their jobs (Meliones, 2001). Analysis When implementing the BSC, the hospital ensured that they focused on the internal business processes that focused on finances and day to day operations. This means that they came up with financial and operational strategies. This incorporated measures that would attract as many patients as possible with subsidized costs.

They also ensured that the patients got the best healthcare which was of the highest standards possible to reduce their ultimate stay in the hospital (Meliones, 2001). This automatically created more room for more quality services for many more patients. The business process was changed to cater for all the needs and wants that were demanded by the created BSC. Conclusion Each and every business, organization or company, has an aim to provide the best services. This is whilst ensuring that they satisfy their clients’ needs and retain their respect and loyalty always.

The changes that were introduced at Duke’s hospital were very welcome by the staff, hospital clients and stakeholders. The employees were positively rejuvenated by the financial security that their employer could provide for them. The patients were guaranteed of the best healthcare plan at an affordable cost. Many stakeholders were content with the steps that the hospital had made. This meant that they could invest their time, resources, equipment, medicine and aid in research. This was to the benefit of the organization.

The changes catered for improvements in the financial arena and the day to day

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Internal Business Process Perspective Admission/Application Essay”, n.d.)
The Internal Business Process Perspective Admission/Application Essay. Retrieved from https://studentshare.org/business/1448335-the-internal-business-process-perspective
(The Internal Business Process Perspective Admission/Application Essay)
The Internal Business Process Perspective Admission/Application Essay. https://studentshare.org/business/1448335-the-internal-business-process-perspective.
“The Internal Business Process Perspective Admission/Application Essay”, n.d. https://studentshare.org/business/1448335-the-internal-business-process-perspective.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Internal Business Process Perspective

Managerial Accounting

The balanced scorecard method comprises of four different perspectives like, customer perspectives, financial perspectives, innovation and learning perspective and lastly The Internal Business Process Perspective.... In today's complex system of business balanced scorecard is the most widely used performance measurement strategy....
7 Pages (1750 words) Essay

BSC Implementation and Internal Business Process Perspective

BSC Implementation & The Internal Business Process Perspective Name Professor Institution Course Date INTRODUCTION The study will entail the balance scoreboard; solutions and answers to the following questions will be solved.... The questions include the following; describe the efforts put forth by BAE in implementing the BSC approach in their organization from an implementation perspective.... The transformation was based on the historic perspective it engaged in a number of factors....
4 Pages (1000 words) Essay

Methods for Strategic Development

The Internal Business Process Perspective can include KPI's like a number of activities, opportunity success rate, accident ratios, and overall equipment effectiveness, while the KPI's for the learning and growth perspective include the investment rate, the illness rate, the internal promotions, the employee turnover, and any gender racial ratios.... It is divided into four areas, the financial, customer, learning and growth perspectives, and internal business process....
8 Pages (2000 words) Case Study

The Internal Business Process Perspective SLP

The aim of The Internal Business Process Perspective is to improve the quality of service delivery, enhance innovation, lower costs of… (A) Quality Standards: In the modern highly competitive market environment, survival of any organization depends highly on how better an organization delivers Trident Stephen T.... Baker BUS499 BSBA Integrative Project The Internal Business Process Perspective Dr.... The aim of The Internal Business Process Perspective is to improve the quality of service delivery, enhance innovation, lower costs of operations, increase returns on investment/yields, optimize output, and enhance research and development among others....
2 Pages (500 words) Essay

Measures for Learning and Growth Perspective

hellip; It is a management system and strategic planning which is used to align the business activities to the vision and strategy of the organization by effectively monitoring its performance against its strategic goals.... The name balanced scorecard reflects a balance between long term and short term objectives, financial and nonfinancial measures, leading and lagging indicators, and between internal and external perspectives....
9 Pages (2250 words) Research Paper

Balanced Score Card Implementation & the Internal Business Process Perspective

All the three Implementation & The Internal Business Process Perspective I have identified three objectives for improving of the WalMart organization internal business process.... The three main objectives include improving of the authorization, enhancement of the segregation of duties and enhancement of the application controls factors....
2 Pages (500 words) Coursework

Financial and Non Financial Measures of an Organisation

From the paper "Financial and Non Financial Measures of an Organisation" it is clear that the changes and turbulence that may occur in the internal and external organizational environment can operate as factors of instability for the specific organization.... The description of nature and the role of financial and nonfinancial measures has been mainly based on their use for the estimation of the business value and its performance in specific period of times and under certain circumstances....
11 Pages (2750 words) Research Paper

The Internal Business Process Perspective: Dukes Childrens Hospital

This is a The paper "The Internal Business Process Perspective: Dukes Children's Hospital" is an excellent example of a case study on business.... Analysis When implementing the BSC, the hospital ensured that they focused on the internal business processes that focused on finances and day to day operations.... The business process was changed to cater to all the needs and wants that were demanded by the created BSC.... The Duke's Children's Hospital had been in business for a very long time....
3 Pages (750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us