Quality Improvement Initiatives Research Paper Example | Topics and Well Written Essays - 2750 words

Quality Improvement Initiatives - Research Paper Example It is evidently clear from the discussion that the changes that have largely inspired the need to improve quality of service in the healthcare to include advancement in technology, the need to increase effective use of resources amidst the rising cost of health care, changing patient needs due to new infections or new guidelines. Quality in health care institutions is a product of a number of factors, which are related either directly or indirectly to health care procedures. These factors do not work independently but jointly to determine the quality of health care that an institution gives, therefore, the quality of healthcare will be affected depending on the number of factors that directly affect it. One of the factors that affect the quality of healthcare is the management of health institutions; institutions that enjoy good management are likely to provide quality healthcare compared to the institutions with poor management. Institutions with visionary and proactive leaders who are genuinely involved in the affairs of the facilities they are in charge usually report higher levels of customer satisfaction in comparison to those whose leadership adopts a hands-off approach. This can be attributed to the fact that a leadership that is actively involved in running the affairs of the institution motivate other employees to work toward achieving the objectives of providing quality health care. However, some scholars argue that the management of healthcare institutions does not affect the quality of health care that is provided since they are not directly involved in treating or nursing the patients, therefore the people who affect the quality of care that patients receive are those who directly handle them such as nurses and doctors. The validity of this claim has been put into doubt since the motivation of the doctors and nurses depend on how the management handles their issue.

To write a case discussing the following using the succession issue in Study

To write a discussing the following using the succession issue in the article as a filter - Case Study Example This short paper looks at some of the important considerations before Mr. Perez can make up his mind. Although Mr. Buffett and his co-manager, which is Mr. Munger, have both agreed that Mr. Todd Combs fits their criteria for their successor, the market did not react very favorably. In fact, on the date of their announcement of an heir apparent, the stock price of the Berkshire Hathaway shares had slumped by 1.3% on the news (Ng, Pulliam & Zuckerman 1). Obviously the market is not as enthusiastic about Mr. Combs as both Mr. Buffett and Mr. Munger are. There are several important issues that must be resolved in full satisfaction for such an important matter as succession as a fund manager of several billions worth of investments. In particular, the markets did not share their confidence in Mr. Combs purported ability to make the same investment decisions as Mr. Buffett had made over the years to build his Berkshire Hathaway into a real giant in the investment world. A memorandum-letter that follows in the next pages details some of the crucial considerations to arrive at a sound risk assessment. Greetings and good day! It has come to our attention that you are interested to make an investment in Berkshire Hathaway but is concerned about the succession issue at the firm once Mr. Buffett retires soon. The firm had found a worthy successor in the person of a Mr. Todd Combs whom both Mr. Buffett and Mr. Munger had announced to a be a perfect fit. In this connection, here is our assessment of the investment risks involved once Mr. Combs will take over the entire management of Berkshire Hathaway’s investing activities. Investment Philosophy – perhaps this is the most crucial issue or aspect whenever the issue of succession is discussed in any organization, more especially in an investment firm. In this connection, Mr. Combs was found by Messrs. Buffett and Munger to fit exactly with the