Health Care Strategy & Risk Management

[Name of the Institute]

Health Care Strategy & Risk Management

Introduction

In the context of the contemporary global society the health care industry has experienced several drastic changes. The global society has become highly sensitive to their health care needs and now requires more focused and personalized health care benefits. In this scenario the latest technologies have also given rise to several dilemmas in the health care industry, within the professionals. The young health care professionals find it very difficult to cope with the various dilemmas developed by the changing dynamics and the pressures to provide high quality standards of services. The modern health care professionals have very open ended and challenging job descriptions, where they are expected to learn and implement new and advanced practices, as a continuous process. Due to the rapid progress of technological and medicine based innovations in this industry, the process of improvement and development in the relevant health care institutes has to be carried out in a continuous manner (Andrews et Al, 1997). The management and administration in these facilities cannot develop a very specific and detailed development plan for the entities, because they cannot accurately judge the volatile trends in the industry.

In this scenario it is important for the health care professionals to continue the learning process throughout their careers, and try to maintain with the rapidly changing environment. The role of the modern health care professional has become very dynamic where these individuals have to posses the relevant multitasking and quick learning capabilities to be able to progress in the health care facilities. The administration of the health care institutes has to play a vital role in the long term orientation and strategy formulation of the facility, and ensure that the relevant human resource has the adequate amount of training ...