Kash refines the health care strategic management framework
Bita Kash, PhD, MBA, FACHE, associate professor at the Texas A&M Health Science Center School of Public Health, recently conducted a multi-hospital system case study to provide a better understanding of the role of resource dependency theory (RDT) and resource based view (RBV) in health care strategic management.
The study findings are reported in the article, “Health care strategic management and the resource based view” and were published in a recent edition of the Journal of Strategy and Management. In this article Kash proposes a refined health care strategic management framework that takes both RDT and RBV into consideration by systematically linking strategy formulation with deployment of resources.
“Our refined framework of health care strategic management suggests that decisions concerning development and deployment of key management resources and talent will eventually drive strategic decision making and define competitive advantages in the hospital sector,” Kash said. “This study describes, categorizes and groups similar strategic initiatives across the two multi-hospital sites and then compares strategy implementation approaches, primarily focusing on deployment of resources.”
“We believe that as the RBV perspective gains importance in strategy implementation within health care organizations and other firms faced with a dynamic external environment of regulation and competition, it will gradually become part of the earlier stages of the strategic planning process,” concludes Kash.
Additional authors include Aaron Spaulding, PhD, University of North Florida, Larry Gamm, PhD, Texas A&M School of Public Health, and Christopher Johnson, PhD, University of Washington.