Related Experiment Videos
Risk-taking as a strategic capability in public hospitals: multidimensional performance effects in a
Hellen Njeri Ndung'u1, Duncan Mugambi Njeru1, Stephen Makau Muathe2
1Department of Business Studies, University of Embu, Embu, Kenya.
Purpose:
The study investigates whether risk-taking functions as a strategic capability that improves firm performance in public hospitals that operate in resource-constrained healthcare systems.
Design/Methodology/Approach:
Data were collected through survey method from 151 public hospitals. A multivariate general linear model was used to analyse the effect of risk-taking on organisational effectiveness and organisational relevance. Hospital level, bed capacity and number of personnel in the public hospitals were used as control variables.
Findings:
The study revealed that risk-taking has a significant multivariate effect on organisational performance. Specifically, risk-taking positively influences organisational effectiveness of public hospitals. Risk-taking does not significantly influence organisational relevance once the controls are included.
Research Limitations/Implications:
The study adopted a cross-sectional research design, which limits causal interpretation. Future research should engage longitudinal study designs and incorporate objective performance indicators such as return on assets to strengthen causal understanding.
Practical Implications:
The findings suggest that organised entrepreneurial commitment in an organisation, can improve internal service provision performance devoid of essentially undermining institutional mission and vision. This occurs when entrepreneurial commitment is embedded within appropriate governance structures.
Originality/Value:
The study improves the understanding of risk-taking as a strategic capability in public hospitals and further reveals that, in order to enhance performance in organisations, organisational characteristics such as the number of personnel should be understood.
Related Concept Videos
01:15Methods of Documentation VI: Case Management Model
For example, a patient with a chronic illness...
01:30Health Information Technology and Healthcare Information System
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
01:18Introduction To Health Care Delivery System
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
01:23Types of Biopharmaceutical Studies: Controlled and Non-Controlled Approaches
Non-controlled studies, commonly employed for initial exploration, lack a control group, rendering them susceptible to biases and external influences. In contrast, controlled...
01:29Issues And Trends In Healthcare Delivery System
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
01:08Obedience