StudentShare solutions
Triangle menu

Managing Innovation at St. Lukes Medical Center - Essay Example

Nobody downloaded yet

Extract of sample
Managing Innovation at St. Lukes Medical Center

Every organization exists to achieve a purpose. In order to attain organizational goals, a set of policies and strategies are defined and developed by management. As averred by Christensen, Andrews, & Bower (3), policy is “the study of the functions and responsibilities of senior management, the crucial problems that affect success in the total enterprise, and the decisions that determine the direction of the organization and shape its function”. One of the strategic management decisions undertaken by aggressive and competitive organizations is innovation. Most business practitioners have grown accustomed to innovation stemming from new inventions and advancing technology. But suiting policy to changing circumstances includes also the application of a firm’s long-established strengths to unexplored segments of the market via innovations in price, service, distribution, or merchandising.
Innovation is the “process by which an idea or invention is translated into a good or service for which people will pay. In business, innovation results often from the application of a scientific or technical idea in decreasing the gap between the needs or expectations of the customers and the performance of a firm's products.” (Business Dictionary 1)
One of the most innovative organizations in Asia is St. Luke’s Medical Center in the Philippines. It is the number one hospital in the Philippines but its vision is to be one of the top five medical institutions in Asia by 2010. ...Show more

Summary

This essay is written to proffer several innovative options to compete not only in the local market but in the Asian market, as well, to enable St. Luke’s to achieve its vision and mission on its specifically defined time frame. …
Author : giles95
Managing Innovation at St. Lukes Medical Center essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Managing Innovation at St. Lukes Medical Center"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Windber Medical Center
Windber Medical Center was founded at the height of the coal mining industry in Western Pennsylvania by the Berwind White Coal Company to cater for its workers’ medical needs. In line with its prevailing ecosystem, the hospital’s management and staff adopted that era’s culture and engrained it as their way of doing business.
3 pages (750 words) Essay
Brook Army Medical Center
Today, the hospital has a 450 bed JACHO accredited facility; and its size can be expanded to 653 beds in times of a catastrophe. The Brooke Army Medical Center provides ranges of services including ‘general medical and surgical care, 24 hour emergency services, clinical services, adult and pediatric primary care, veterinary care, wellness and prevention services, and environmental health services’ (“US Army”).
4 pages (1000 words) Essay
Children Medical Center
As the report declares for effective implementation of the Children Medical Center mission and vision statements, this philosophy of children Medical Center has strategized on making life best for children by toiling to educate its officials, parents and the general public on issues of healthcare, education, safety of the children’s population.
6 pages (1500 words) Essay
Gulf Coast Medical Center
The physicians would be appropriate as members of the work group because they are in charge of the procedure, together with the nurses they would be better able to explain the issues that are responsible for the unusual length of time each procedure takes.
5 pages (1250 words) Essay
Medical Innovation
To be able to overcome the market resistance to a new product, guerilla marketing technique is being proposed. It is a common belief in the minds of many people that, INNOVATION and TECHNOLOGY are one and the same. But this is not true [2]. Though both are related to each other in many ways, they are not one and the same.
30 pages (7500 words) Essay
Managing Innovation
One path led to science being used to develop knowledge which can be used to improve or predict technologies. In this case , the flow of information is from science being translated to technology. In the second path, there is a reversal of information flow, from technology to science.
18 pages (4500 words) Essay
USA Medical Center

The author describes experience of a nurse after 100 hours of training in the Medical/Surgical Unit. The student nurse feels that she has learned so many skills in the care of the trauma step-down patient. The student nurse, with great help from her preceptor, was able to fulfill most of the objectives and goals of the practicum. 

18 pages (4500 words) Essay
Leadership and managment
Ultimately, leadership transforms potential into reality. As defined, “leadership is the process of influencing people to work or act towards the attainment of specifically defined goals”. (Martires & Fule 2000: 569) Managers are concerned with the creation of an
10 pages (2500 words) Essay
Human Resource Management Report
for the writing of a case which meets the indicated specifications; (2) to consider the concepts and general ideas discussed in class, and see which help make sense of the situation being described; (3) to engage in research activity which allows you to test the relevance of
16 pages (4000 words) Essay
Community South Medical Center
Community South Medical Center has several needs it requires to address. One of the needs is updating its information technology. Improvement in information technology used in health care provision could support pay-for-performance mechanism that would improve the quality of service provided.
4 pages (1000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment