The strategy for developing an internal business strategy for a technology service line in a healthcare consulting company has three main objectives. First, enhancing technology compliance involves conducting audits to assess current standards, establishing healthcare-aligned compliance benchmarks, and implementing monitoring and education systems. For example, staff may attend workshops and a compliance task force ensures adherence to regulatory updates.
The second objective is to improve assessment processes by creating frameworks for standardized evaluations and employing advanced analytics. This includes regular intervals for assessment activities and utilizing software tools for efficient data collection, aligning with compliance efforts.
Finally, strengthening business intelligence capabilities entails identifying gaps through needs analysis and investing in advanced BI tools. Real-time dashboards and data integration promote informed decision-making, with emphasis on interdepartmental collaboration and leadership support to adopt data-driven strategies.
The strategies
⛳️ Strategy 1: Enhance technology compliance
- Conduct a comprehensive audit of current technology compliance status
- Establish clear compliance standards aligned with healthcare regulations
- Implement a continuous monitoring system for compliance adherence
- Educate staff on compliance best practices through regular workshops
- Develop a centralised repository for compliance documentation
- Integrate compliance checks into all technology procurement processes
- Create a compliance task force to oversee enforcement and updates
- Perform regular compliance risk assessments and analyses
- Engage third-party auditors for unbiased compliance evaluation
- Facilitate transparent reporting of compliance status to stakeholders
⛳️ Strategy 2: Improve assessment processes
- Define a standardised framework for technology assessments
- Train teams on effective assessment methodologies and tools
- Utilise advanced analytics to drive insightful assessment outcomes
- Schedule regular assessment intervals for all technology operations
- Gather feedback from staff and clients to refine assessment criteria
- Deploy assessment software to ensure efficient data collection
- Coordinate with compliance teams to align assessment objectives
- Create a feedback loop to continuously improve assessment processes
- Establish clear reporting channels for assessment results
- Promote a culture of transparency in revealing assessment findings
⛳️ Strategy 3: Strengthen business intelligence capabilities
- Conduct a needs analysis to identify intelligence gaps
- Invest in advanced BI tools and training for staff
- Establish key performance metrics to drive BI focus
- Streamline data integration from multiple healthcare sources
- Develop a dashboard for real-time decision-making insights
- Encourage cross-departmental collaboration for data sharing
- Set up regular BI review meetings to discuss data-driven strategies
- Pilot BI implementation projects in select units before wider rollout
- Secure buy-in from leadership for funding BI initiatives
- Monitor and adapt BI strategies based on evolving technical trends
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
