{"id":12341,"date":"2023-04-05T23:37:02","date_gmt":"2023-04-05T23:37:02","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/evaluating-innovative-financial-arrangements-wheel-book-when-training-and-education-meets-experience\/"},"modified":"2023-04-05T23:37:02","modified_gmt":"2023-04-05T23:37:02","slug":"evaluating-innovative-financial-arrangements-wheel-book-when-training-and-education-meets-experience","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/evaluating-innovative-financial-arrangements-wheel-book-when-training-and-education-meets-experience\/","title":{"rendered":"Evaluating Innovative Financial Arrangements\/ Wheel Book\/ When Training and Education Meets Experience"},"content":{"rendered":"

(1) Evaluating Innovative Financial Arrangement:<\/b><\/span><\/p>\n

Please read this “case study, Healthcare Financial Management Association<\/i>” attached.<\/font> The case study presents ways that payers and providers can collaborate to improve the efficiency and effectiveness of care. Consider this information along with the discussion in “Pay for performance and the healthcare value paradigm” <\/font>attached. <\/font>Aside from using data collaboration to help with a pay for performance initiative, can you think of another way that data sharing with an insurer may help a healthcare financial manager in developing their operating budget for the year? Provide your thoughts in one paragraph that presents your idea and explains your reasoning.<\/font><\/div>\n

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(2) Wheel Book:<\/b><\/font><\/div>\n
This week’s Wheel Book entries will focus on the importance of corporate culture. watch this video ” Why Workplace Culture is Everyone’s Responsibility | SHRM” https:\/\/www.youtube.com\/watch?v=2P9TYwWOHyc.  <\/font><\/div>\n
and consider the ways in which your workplace (or a workplace that you no longer are at) either fostered a positive corporate culture or a negative one.<\/font><\/div>\n

<\/font><\/div>\n
Write a journal entry describing the workplace, your thinking about the reasons for the workplace culture, and what steps you will take as a manager to either foster a similar workplace or build a better workplace culture.<\/font><\/div>\n

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<\/font><\/div>\n
(3) When Training and Education Meets Experience:<\/b><\/font><\/div>\n
Our discussion for this week asks that you review the scenario described below and think about it for a bit. Consider the following questions and post your answer in the discussion:<\/font><\/div>\n
1) While training and education is very important, so is experience. If you were advising Willis with respect to his approach to Glen, what would you say?<\/font><\/div>\n
2) While experience is important, sometimes training and education do allow for a fresh set of eyes on a situation. If you were advising Glen regarding his approach to Willis, what would you say?<\/font><\/div>\n
3) What aspects of emotional intelligence are needed here – for both Glen and Willis?<\/font><\/div>\n
Scenario:<\/b><\/u><\/font><\/div>\n
Several weeks ago physical therapist Willis Patrick said to his boss, Glen Jones, director of physical therapy, \u201cGlen, the way that we develop the budget in this department doesn\u2019t make much sense. We just take last year\u2019s actual expenses and stick an inflation factor onto it and make some other guesses. We really ought to be budgeting from a zero base, making every line item completely justify itself every year.\u201d<\/font><\/div>\n
Glen said something about simply following the instructions issued by the finance department and doing it the way all the managers were told to do it. He pursued the matter no further.<\/font><\/div>\n
A few days later Willis approached Glen, saying, \u201cDon\u2019t you think the way we do performance appraisals ought to change? Surely most smart managers know it\u2019s better to evaluate employees on their anniversary dates than all at once, the way we do it now.\u201d<\/font><\/div>\n
Glen again answered to the effect that he was simply doing what he had to do to comply with the policies and practices of the organization. They discussed the matter for perhaps five minutes, and although Glen was not going to start working to inspire change in the performance appraisal system, he nevertheless felt led to concede that Willis had brought up a number of good points. It struck Glen that his employee was idealizing an appraisal system in almost textbook terms; it seemed flawless in theory, but Glen had been through enough actual systems to be able to recognize a number of potential barriers to thorough practical application.<\/font><\/div>\n
In the ensuing two to three weeks Willis had more and more to say to Glen about how the organization should be managed. And it took Willis only a matter of days to get beyond generalized management techniques like budgeting and appraisal and start offering specific advice on the management of the department.<\/font><\/div>\n
Quickly Glen came to realize that he could count on Willis to offer some criticism of most of his actions in running the department and most of administration\u2019s actions in running the hospital. Glen did not appreciate this turn in his relationship with an otherwise good employee. Glen had always seen Willis as an excellent physical therapist\u2014perhaps somewhat opinionated, but not to any harmful extent. Recently, however, he had come to regard Willis as a sort of conscience, a critical presence who was monitoring his every move as a manager.<\/font><\/div>\n
The worsening situation came to a head one day when Willis attempted to intercede in a squabble between two other physical therapy employees and, when Glen entered the situation, proceeded to criticize Glen\u2019s handling of the matter in front of the other employees.<\/font><\/div>\n
Glen took Willis into his office for a private one-on-one discussion. He first told Willis that although he was free to offer his suggestions, opinions, and criticisms regarding management, he was never again to do so in the presence of others in the department. Glen then asked Willis, \u201cIt seems that lately you have a great deal to say about management and specifically about how I manage this department. Why this sudden active interest in management?\u201d<\/font><\/div>\n
Willis answered, \u201cLast month I finished the first course in the management program at the community college, a course called Introduction to Management Theory. Now I\u2019m in the second course, one called Supervisory Practice. I know what I\u2019m hearing\u2014and quite honestly, it\u2019s pretty simple stuff\u2014and when I see things that I know aren\u2019t being handled right, I feel that I have an obligation to this hospital to speak up.\u201d<\/font><\/div>\n
Glen ended the discussion by again telling Willis that he expected all such criticism and advice to be offered in private and never again in front of other employees. Overall, the conversation did not go well; more than once Glen felt that Willis\u2019s remarks were edging toward insubordination. Because of the uneasy feeling the discussion left with him, Glen requested a meeting with the hospital\u2019s vice president of human resources.<\/font><\/div>\n","protected":false},"excerpt":{"rendered":"

(1) Evaluating Innovative Financial Arrangement: Please read this “case study, Healthcare Financial Management Association” attached. The case study presents ways that payers and providers can collaborate to improve the efficiency and effectiveness of care. Consider this information along with the discussion in “Pay for performance and the healthcare value paradigm” attached. Aside from using data […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[1110],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/12341"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=12341"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/12341\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=12341"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=12341"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=12341"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=12341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}