Underlining Strategic Argument Of Trinity Health's Digital Strategies

Decent Essays
Traditional business organizations for several years have witnessed the dynamic growth and success of digital organizations who have built their corporate strategy on a technology platform. They now understand the power of a technology based strategy and have started to build their own digital platforms that will become their new business strategy and a tool for competitive advantage to gain market share. A digital platform is a technology enabled business model that follows an innovative approach and creates immediate value. The benefits of a digital platform include revenue generation, cost reduction and supports innovation for new products and service development. The underlining strategic intent of Trinity Health growth-through-acquisition

Related Documents

  • Improved Essays

    Research Question The research questions are the questions that the author is trying to answer. This emphasizes the information needed to bring a resolution to the problem statement. In this article, the research question was in reference to how to explain successful domination of a market when the blue ocean strategy or fast second strategy do not explain it. This enabled the author to then conduct more research in order to find the answer.…

    • 595 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Health organizations are consolidating in order to create economies of scale which decreases the per-unit cost of care while increasing quality of care. More health organizations are forming health systems by becoming vertically integrated, which offer consumers a one stop continuum of care model (Shay et al., 2013). Vertical integration links services that are at different stages in the process of health care. By integrating a continuum of care health organizations are able to enhance quality of patient care and sustainability, in a highly regulated and competitive marketplace.…

    • 154 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    The adaptive strategies offer an organization the basic methods of achieving its vision by adapting to the environment. A healthcare organization may apply adaptive strategies by allowing its staff to grow their performance more than its complexity grows. In contrast, a market entry strategy indicates the technique of applying adaptive strategies through internal development and cooperation to deliver services to a target client base. A better strategy for a healthcare organization would be whether to source products, invest in or control a certain market. Competitive strategies, on the other hand, ascertain the strategic posture of an organization and identify the basis for competition.…

    • 1065 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Does Market Share Matter

    • 265 Words
    • 2 Pages

    Yes market share does matter; because a company's market share is a portion of total sales in different regions depending on the market the company operates within. Therefore, if an organization offers $100 million worth of tractors a year locally, and the aggregate tractors sold in the United States are $100 million, the organization's US market share or tractors would be half. Market share also represents the rate of an industry or market's aggregate deals that is earned by a specific company over a period of time. However, taking the business deals over a period of time can separate by the aggregate offers of the business over a similar period compute market share. This metric is utilized to give a general thought of the measure of an organization in connection to its market and its rivals (Suttle, 2016).…

    • 265 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Technology will be a great investment as the healthcare industry transfers to an Accountable Care model from a Fee for Service model. Advanced hospital organizations have invested in Healthcare IT to manage the increased financial risks that are being confronted with and this technology has increased the coordination of care by managing the healthcare risk. Healthcare providers are optimizing major Healthcare IT systems and investing in cloud technology, data security, data loss prevention, encryption, mobile devices, and healthcare information exchanges. (Cerrato,…

    • 1084 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    “A business model reflects management’s hypothesis about what customers want, how hey want it and what they will pay, and how an enterprise can organize to best meet customers needs, and get paid well for doing so.” Do you agree with this statement? Why? Be specific. Feel free to use examples.…

    • 1148 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Case Study Of Grundfos

    • 1371 Words
    • 6 Pages

    1. Executive Summary Grundfos has a mission to become the number one digital organisation in the world and has taken many steps ensuring the organisation is aligned ensuring the success of this goal. Globally the organisation is very well set up on all social media platforms, however, compared to competitors globally they can do better.…

    • 1371 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    At first, acquiring large partners and establishing clinics were not issues for the firm, but this soon resulted in the decrease of the firm’s valuation on the commercial market. With this challenge costing the firm, the news of this to public competitors and shareholders caused more pain. PhyCor’s over eagerness to soar became a problem as it moved very rapidly sweeping through the nation to acquire organizations and establish as many facilities as possible. The firm’s failure to analyze its strategic direction with the SWOT analysis led it to the wrong turn. By performing a SWOT analysis will determine the firm’s strengths, weaknesses, opportunities, and threats to set limits and prove the competitive advantage (Burns, Bradley, & Weiner,…

    • 917 Words
    • 4 Pages
    Decent Essays
  • Great Essays

    What is Health Information Exchange? Health Information Exchanges (HIEs) embrace the potential to assimilate patient data residing across dissimilar information systems in numerous hospitals to recover care coordination, patient engagement, and provisioning of real-time information to physicians. Electronic health information exchange (HIE) permits doctors, nurses, pharmacists, other healthcare providers and patients to properly access and securely share a patient’s vital medical information electronically. HIE supports the electronic transfer of patient data across healthcare organizations.…

    • 1411 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    Vodaphone Case Study

    • 1623 Words
    • 7 Pages

    Vodafone Turkey was initially accepted in a positive manner throughout the country, with the hope that they would enhance service quality. However, due to a lack of investment in infrastructure or image, Vodaphone’s brand failed to resonate with the growing mobile market segment. Most critically, the company was labelled as aloof and out of touch with Turkish society. Further issues related to sales and distribution channels, which were weak, compounding a limited brand visibility.…

    • 1623 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    NIIT Technologies is a leading global IT solutions organization-servicing customers across the Americas, Europe, Asia and Australia. Differentiated on the strength of its industry expertise, NIIT Technologies services clients in travel and transportation, banking and financial services, insurance, manufacturing and media verticals, offering a range of services including Application Development and Maintenance, Infrastructure Management, and Business Process Management. Focused on Digital Services, the Company is helping businesses design agile, scalable and digital operating models. NIIT Technologies adheres to major global benchmarks and standards of quality and Information Security. NIIT’s learning outsourcing services are built on the sound…

    • 1313 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    The growth and development of any organization in any industry is highly determined by the company’s ability to be and remain competitive in its industry. The company’s competitiveness is on the other hand influenced by the company’s ability to change swiftly with the change of technology. Thus to remain competitive a company needs to have the ability to reconfigure, build, and integrate external and internal competences to handle the drastically changing environments. This paper review dynamic capabilities of King Faisal Specialist Hospital & Research Centre (KFSH&RC) and how they have contributed to the organization competitiveness. KFSH&RC is a quaternary or tertiary referral and care hospital located in Riyadh in Saudi Arabia.…

    • 1038 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    III. Cyber-Physical Systems: Challenges and Potentials in Production 3.1 Cyber-Physical Systems: Challenges Since CPS involves embedded systems, communication and computations which interacts with physical processes allowing new capabilities to physical systems, applying it into Germany’s production is not an easy task due to its share of problems. These challenges are enumerated below. 3.1.1 Scientific CPS creates networked structures built of physical systems, heterogeneous, software and electronics arising to a new idea of systems and requiring an exhaustive fundamental notion. A combination of standard mechanical and electrical engineering models and computer science digital models are required in the supervision of CPS.…

    • 761 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Marketing geniuses in recent times have engaged in much debate about the effectiveness of traditional and digital marketing. Both methods have their respective advantages and disadvantages, and choosing a form of marketing is often down to individual choice. Traditional marketing may be more expensive, but definitely achieves its results. On the other hand, digital market is less expensive and incredibly easy if you have the right digital marketing platform. So it can be quite hard placing a distinction between which form of marketing is more effective.…

    • 795 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    With over a third of the world’s population currently using the Internet and electronic commerce rapidly growing, electronic business is quickly becoming an essential strategy for companies to consider implementing. It is an initiative of immense impact, one that changes every aspect of the way traditional business is run. E-business is a broad concept that includes all the uses of information technology in business. It extends beyond the selling and purchasing of goods on the Internet that is e-commerce, involving the servicing of customers, collaboration with business partners, and communication across the company. Because of its large area of influence, e-business is reshaping the corporate landscape and significantly impacting traditional…

    • 1035 Words
    • 5 Pages
    Improved Essays