The purpose of this week's discussions is to discuss the application of business principles in healthcare by illustrating Greg Fisher's ten basic business principles as well as three principles that will be highlighted are management of employees, goal setting, and decision making. Within healthcare settings, improvements in medical care mean that demand for services to meet the needs of an aging population is inevitable. Moreover, Greg Fisher presents pertinent talking points linking patient care with quality and cost-effective approaches. Business principles are critical for the management of healthcare settings. Mason et al. (2020) presents a critical analysis of policy and politics in a rapidly evolving health care environment. Management of Employees Employees are critical to the operations of any organization. Within the healthcare field, employees play a vital role in the achievement of patient outcomes. With an increase in the ageing population across most countries around the globe, management of employees is critical. …show more content…
(2019) opined that changes are vital to healthcare organizations. Further, implementing changes can be a difficult task. Ensuring that employees adopt a readiness state when changes are necessary is essential. While different change models have been developed across business organizations, the key to realizing intended change lies in the employees. Furthermore, technological advancements continue to revolutionize how healthcare is delivered across different settings. Ensuring that employees embrace changes can be achieved by promoting organizational learning. Change and organizational learning cannot be distilled. As part of a business principle, management of employees not only has short-term objectives but also guarantees long-term success in the field of healthcare. Leaders are required to ensure the needs of employees are met so that they can offer the best form of care to