These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. including one scholarly peer-reviewed reference. Minimum 100 words.
While governance and management are related fields, each performs a critical function in any organization. Dodwad (Dodwad, 2013) asserts that governance is the appointed board’s strategic planning. Governance establishes the organization’s overall direction. Thus, it addresses mission definition, policy strategy, performance monitoring, wisdom and judgment insight, and risk management and identification strategically. On the other hand, management is responsible for the organization’s daily operations and implementing the strategic vision. The roles are included appointing a team, delivering services, supervising business plans, policy development, implementation, and performance measurement. Governance and management are critical functions for organizations. The board of directors and senior executives must work collaboratively to accomplish critical functions(Dodwad, 2013).
The board of directors of a healthcare organization plays a crucial role in defining policy by meeting regularly to map out the company’s future. The type of service delivery system and methodology is informed by management at the organizational level. In healthcare organizations, governance and management ensure that rules and procedures are implemented to solve healthcare issues. Because of this, the board of directors collaborates with clinical and operational staff to ensure that policies and procedures are put into action in the real world. A human-centered approach to service delivery relies on oversight, according to Sharma et al. (2021). Healthcare governance, risk management, and compliance are all part of a system of checks and balances (GRC). An organization’s playbook on how to run its business is laid forth in healthcare governance Executive management performance should also be monitored and evaluated by the board of directors (Sharma et al., 2021). CEO and other senior executives are also appointed by the bord, which is responsible for guiding the company’s strategy and operations(Sharma et al., 2021).
Implementing new technologies is another crucial area where healthcare governance and management come together. IT may indicate a system like the Electronic Health Record, for example. The governing authority must approve the plan before the technology can be deployed and in order for the system to work, the board of directors provides financial resources(Hastings et al., 2014).
Everyone understands their roles and responsibilities in a perfect healthcare system. It is the role of the board of directors to ensure that all of the organization’s essential functions are appropriately overseen by the board of directors. The board must avoid micromanaging the team in order to minimize the dangers to the organization. The board’s role is to provide directions, while the management must provide the board with financial data and reports. Before making any critical decisions, the board consults with the CEO and other senior executives. The executive’s responsibility is to serve as a bridge between upper-level management and the board. The primary responsibility of this position is to ensure that staff is aware of the company’s expectations. The board’s expectations must be broken down into short- and long-term goals by management in order to facilitate this(Hastings et al., 2014).
The board of directors and management must be on the same page in order for any organization to succeed. Healthcare organizations manage risk by making sure that the operations of their teams are closely monitored. The board of directors serves as the organization’s governance, while the executive serves as the organization’s management(Sharma et al., 2021).
Dodwad, S. S. (2013). Quality management in healthcare. Indian Journal of Public Health, 57(3), 138–143. https://doi.org/10.4103/0019-557X.119814
Hastings, S. E., Armitage, G. D., Mallinson, S., Jackson, K., & Suter, E. (2014). Exploring the relationship between governance mechanisms in healthcare and health workforce outcomes: A systematic review. BMC Health Services Research, 14(1), 1–14. https://doi.org/10.1186/1472-6963-14-479
Sharma, A., Borah, S. B., & Moses, A. C. (2021). Responses to COVID-19: The role of governance, healthcare infrastructure, and learning from past pandemics. Journal of Business Research, 122, 597–607. https://doi.org/10.1016/j.jbusres.2020.09.011
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