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The art of decision-making
1Mercy Hospital, Iowa City 52245, USA. tom.clancy@mercyic.org
The Journal of Nursing Administration
|June 11, 2003
Summary
Many executives overlook formal decision-making processes, risking career-ending errors. This study explores traditional and novel methods for effective healthcare decision-making to improve outcomes.
Area of Science:
- Healthcare Management
- Decision Science
Background:
- Sound decision-making is crucial for executives, yet formal processes are often neglected.
- Poor decisions in the high-pressure healthcare environment can have severe consequences.
Purpose of the Study:
- To examine the traditional decision-making process.
- To explore new research in decision-making for healthcare executives.
Main Methods:
- Review of the traditional decision-making framework: problem identification, objective setting, evaluating alternatives and consequences.
- Analysis of current research in decision-making strategies.
Main Results:
- Traditional decision-making models provide a structured approach.
- Emerging research offers new insights into optimizing executive decisions.
Conclusions:
- Implementing a formal decision-making process is vital for healthcare executives.
- Integrating traditional methods with new research can enhance decision quality and mitigate risks.