Write an executive summary in which you reference and include the Balanced Scorecard table you created. Describe the following in your summary:
o How the objectives are aligned with the mission and vision
o Why the measures and targets shown were selected
o How the initiatives will help achieve the objectives
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This summary provides a detailed overview of the perspectives, strategic objectives, measures, targets, and initiatives and how they reflect the mission and vision of Oregon Health & Science University Hospital. Therefore, the developed scorecard acts as a guide for the organization to focus on the issues deemed to be important, especially for its stakeholders. The balanced scorecard was developed on the premise that healthcare organizations can use it to have the whole team on the same page in a clear and understandable (Al-Kaabi, Chehab & Selim, 2019). Additionally, using the scorecard’s different perspectives, the healthcare organization has defined its specific strategies towards attaining the set objectives.
There are many ways through which the scorecard’s objectives are aligned with the healthcare organization’s mission and vision. Every perspective’s strategic | GET AN EXPERT FOR YOUR ASSIGNMENT | were designed to reflect the organization’s desire to be a premier institution in clinical practice and community service. Objectives such as promoting cohesion among stakeholders, improving the overall patient satisfaction, and providing patient-centered care all comply with the organization’s call for excellence in research and innovation and in improving the welfare of the Oregon | GET AN EXPERT FOR YOUR ASSIGNMENT | a culture of hard work both at the research and healthcare practice level and part of evidence-based practice is part of its vision. Ensuring students’ competency level can also help inculcate the spirit of inquiry, initiative, and cooperation among students, faculty, and staff. To achieve the set | GET AN EXPERT FOR YOUR ASSIGNMENT | specific measures and targets set for every perspective. While measures define how every objective’s progress will be determined, | GET AN EXPERT FOR YOUR ASSIGNMENT | provide the value sought for every measure. In the scoreboard, the specific measures and targets were set to correspond to what is enshrined in the…