The Impact of IHI’s Triple and Quadruple Aim Initiatives

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Read the IHI Triple Aim Initiative page on the Institute for Healthcare Improvement’s (IHI) website, read Triple Aim for Populations. link- https://www.ihi.org/Topics/TripleAim/Pages/default.aspx
and watch the video “An Overview of the IHI Triple Aim,” all located on the IHI website.. link https://www.ihi.org/Engage/Initiatives/TripleAim/Pages/default.aspx
 
Select a health care organization with which you work or are familiar. VHA- veterans’ health administration
 
Assume you are a strategic planning manager with your selected health care organization. You have been asked to prepare an evaluation of the IHI Triple Aim goals and how they apply to your organization.
 
Write a 700- to 1,050-word evaluation of the impact of implementing Triple Aim goals nationally, as well as how they apply to your selected organization. Your evaluation must incorporate three parts:
 
Part I: IHI Triple Aim Goals
Include the following in your evaluation:
An overview of the history of the IHI Triple Aim elements
An evaluation of progress to date in meeting these goals nationally
A determination of whether these dimensions have been achieved, will be achieved, or cannot be achieved.
Provide a rationale to support your perspective.
Part II: Evaluation of Application of IHI Triple Aim Goals Application in Your Organization
Include the following: Identify the data that you analyzed to support your perspective of how each aim can or can’t be applied to your organization,
Identify the data you would measure to determine the success of each, if applicable to your organization, in the future.
Part III: IHI’s Quadruple Aim
Include the following:
Analyze the IHI’s position on the quadruple aim and whether you believe that it should become the standard for all organizations.
Justify your position and support with scholarly literature.
Cite 3 reputable references to support your assignment (e.g., trad
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MT460-Unit 7 Assignment

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o start this assignment, choose an organization from the list provided by your instructor.

  • Visit the MERGENT library database to conduct research on your chosen organization. Become very familiar with this library database. You will need it.
    • Analyze the details, latest annual report, latest news, review competitor information, etc. about your chosen organization.
    • You may also want to visit the websites for your chosen organization and its competitors for more information and observation.

Scenario:

You are the director of strategy and business intelligence for your chosen organization. You are developing a strategic plan for your chosen organization for an upcoming meeting with the C-level executives of your organization. They loved your idea for an innovative new product and would like you to develop a strategic plan for further consideration. Use the following criteria to develop the strategic plan for your innovative new product idea.

Assignment Requirements: In this assignment, you will develop a strategic plan for your chosen organization. Address each of the following inquiries in your deliverable:

 

Chosen organization: ETSY Etsy, Inc. Internet & Direct Marketing Retail

Login Information

Email: asiaware@student.purdueglobal.edu 

Password: Rob@961620

Product Offering Analysis

  1. Articulate the current state of your chosen organization and its competitive environment.
    1. In a business letter, articulate the strategic position of your chosen organization within the industry in which it operates.
    2. Provide a detailed overview of the product mix of your chosen organization.
    3. Analyze the product mix of your chosen organization against its rivals.

Organizational Competencies

  1. Use the SOAR analysis framework to identify opportunities and set results-oriented aspirations based on the strengths of your chosen organization.
    1. Analyze your chosen organization to identify a minimum of three strengths that may result in competitive advantages.
    2. Based on your chosen organizations competitive advantages, determine a minimum of three business expansion opportunities.
    3. Develop a minimum of three aspirational product ideas that may result from organizational expansion opportunities.
    4. Explain any expected results from the successful implementation of each aspirational product idea that you propose.

Innovative New Product Idea

  1. Formulate an innovative new product idea to develop competitive advantages for your chosen organization.
    1. Introduce the innovative new product idea that you developed in the Unit 5 Assignment for your chosen organization.
    2. Explain the problem or opportunity your innovative new product idea is intended to solve.
    3. Explain how your product is intended to meet customer expectations.
    4. Explain the strategic direction of your innovative new product.
    5. Develop and tell a story about your new product idea.
      1. Explain how the branding and new product idea will impact and/or interact with existing branding and product lines or items offered within the product mix of organization.

Vision, Mission, & Values

  1. Formulate a vision, mission, and values statement for your innovative new product idea that increases the competitive advantage of your chosen organization.
    1. Formulate a vision statement for your innovative new idea.
      1. Explain how your vision statement increases the competitive advantage of your chosen organization.
    2. Explain how the mission statement for your chosen organization will support the vision for your innovative new product idea that increases the competitive advantage of your chosen organization.
      1. Revise the mission statement of your chosen organization if necessary.
    3. Explain how the values statement of an organization supports the vision for a new idea that increases the competitive advantage of an organization.
      1. Explain how the values statement of the organization supports the mission statement of the organization.
      2. Revise the values statement of your chosen organization if necessary.

Strategic Approach

  1. Choose an appropriate strategic approach to support the vision for an innovative new product idea that increases the competitive advantage of your chosen organization.
    1. Analyze various strategic approaches that can lead to the development of competitive advantages for an organization.
    2. Choose one generic strategy to use in the launch of your innovative new product idea that will result in competitive advantages for your chosen organization.
    3. Explain how employing your chosen strategic approach can lead to the development of competitive advantages for your chosen organization.
    4. Explain whether implementing a strategic approach as a first mover, a fast follower, or a late mover is most advantageous for your organization.

Strategic Goals, Objectives, & Initiatives

  1. Design one strategic goal and three strategic objectives that drive the implementation of a strategy for a new idea that increases the competitive advantage of an organization.
    1. Identify critical success factors to ensure the success of organizational objectives.
    2. Develop an objective that adheres to corporate social responsibility and environmental sustainability standards while balancing these duties with economic responsibilities to shareholders.
    3. Develop innovative projects to drive the implementation of a strategy for a new idea that increases the competitive advantage of an organization.

Strategic Alternatives & Contingencies

  1. Identify strategic alternatives that may increase efficiency, and contingency plans to mitigate risks.
    1. Decide if an organization should consider outsourcing, mergers, or acquisitions to increase its competitive advantage.
    2. Develop a contingency plan to counter or mitigate risks and threats to a strategic plan using the assumption-based planning technique.

Conclusive Remarks

  1. Produce a concise and persuasive pitch to convince the C-level executives of your chosen organization to fund the development of your innovative new product idea.

APA Style

  • Correctly apply APA style to in-text citations.
  • Correctly apply APA style to references.

Writing Conventions

  • Use a minimum of three peer-reviewed, academic research resources (including MindTools and Library materials) to substantiate your critical thinking and to provide viable reasoning for your perspectives.
  • Use headings to segment the topics in your writing in order to create a flow of ideas for your reader.
  • Use diagrams, images, and charts to give context to your writing.
  • Use reasoning skills to support your statements, thoughts, opinions, and ideas.
  • Write in third person to develop your business report.

You should make thorough use of the MindTools platform and the Library to complete this deliverable. You are capable of doing professional research and making strategic decisions at this level of your degree program. Take the initiative to be the problem solver and strategic decision-maker.

MT499- Unit 7 Journal

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Topic: Position Requirements

Visit the O*NET website and navigate to the Occupation Handbook Crosswalk Search tool. Search the Occupation Handbook for a minimum of three occupation titles that interest you. Write a short essay comparing and contrasting the summary requirements for the three occupation titles you chose to research. Explain the intricacies of the knowledge, skills, and abilities each occupation title requires. Based on the facts you learned about yourself from executing the various assessments in prior units, determine if you are qualified for the positions you identified. Identify and explain each of your strengths or weaknesses in relation to the knowledge, skills, and abilities required for each of the occupation titles you chose.

 

email: asiaware@student.purdueglobal.edu

password:Raleigh961920

MT499- Unit 7 Discussion

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Because you are general business experts, your operations and finance strategies must be thorough and detailed. It is up to your virtual team to determine how to present the information needed in your operations and finance strategies. Be sure to consider the managerial controls and processes that will ensure checks and balances are in place to protect the interests of the investors.

These are important factors to consider as you conduct your research:

  • A group of angel investors owns 40% of the virtual business.
  • Each virtual team member was selected to start and operate this virtual business.
  • The angel investors hold three out of five permanent seats on the board of directors of your virtual business.
  • The angel investors will provide $100,000 to fund the virtual business.
  • It is the job of the virtual team to convince the angel investors that you deserve funding for your new virtual business venture.

In this graded discussion, your virtual team will contemplate the operations and finance strategies of your virtual business. To continue developing the strategic business plan, each virtual team member should contribute to this discussion by addressing the following discussion topics:

  • What are the components of an operations strategy in a strategic business plan?
  • Discuss the conceptual framework of a service blueprint and explain its importance in the strategic business planning process.
  • Explain the differences between a sales forecast and an operating budget.
  • Compare and contrast the use of projected balance sheets, profit and loss, and cash flow statements in the strategic business planning process.
  • Explain why financial projections in the strategic business planning process are so important to potential investors.

Synthesize academic research to support your thoughts, ideas, statements, and opinions. Apply proper current APA style citation format.