Focus on Results and Creating Value

Focus on Results and Creating Value - Baldrige Health Care Core Value

(Click on any blue word below to link to its definition)

Focus on Results and Creating Value

An organization’s performance measurements need to focus on key results. Results should be used to create and balance value for your key stakeholders—your patients and their families, your workforce, the community, payors, businesses, health profession students, suppliers, partners, investors, and the public. By creating value for your key stakeholders, your organization builds loyalty and contributes to the community and society. To meet the sometimes conflicting and changing aims that balancing value implies, organizational strategy explicitly should include key stakeholder requirements. This will help ensure that plans and actions meet differing stakeholder needs and avoid adverse impacts on any stakeholders. The use of a balanced composite of leading and lagging performance measures offers an effective means to communicate short- and longer-term priorities, monitor actual performance, and provide a clear basis for improving results. +

Note: Blue words above are links to other Core Values or Baldrige Glossary terms.

 

 

BALDRIGE CORE VALUES

Core Values

Thank you for using the only truly integrated version of the Baldrige Core Values available anywhere.  Paul

 

The Baldrige Award has stunningly been suspended mid-cycle in 2022 while the EFQM Award is growing!

 

Baldrige Award Program's total failure is summarized in the chart below: More at Breaking Badrige.

Baldrige Program Failure 2022

Dr. Deming was not a Baldrige 'Fan-Boy'. For example: "Nothing could be worse", "Evil", and "Nonsense" - are just a few of my favorite Dr. Deming's Baldrige-critical quotes.