The Ten Business Principles As Defined By Greg Fisher

Business Principles In this week’s discussion I will review the ten business principles as defined by Greg Fisher. I will then choose three principles to discuss. I will then explain the business principles that are utilized in my facility, as well as those that are not currently utilized. Upon describing the ones not utilized, I will then give examples on how they can possibly be implement into the facilities practice. In closing I will discuss what principles are and which ones are not important to healthcare system. The health care system in the United States is known for being one of the most costly systems in the world. In 2010 the Affordable Care Act, (ACA) was implemented with the hopes of reshaping the system and decreasing the healthcare cost, (Mason, Gardner, Outlaw, O’Grady, 2016). . Somewhere along the way our country made healthcare a business. Understandings our country healthcare finances can be quit complex. In order to be successful the Chief Nursing Officer, (CNO), business owners and directors must understand the business principles. These individuals are placed in leadership role and therefore must have the characteristics of a leader, (Huber, 2014) The first business principle that I chose, was principle #2 â€Å"Decide who you serve†. In this principle we focus primarily on who we will be serving, (Fisher, 2008).. These individuals are now known as our target group. By having a target group we may focus our care on their needs. I chose thisShow MoreRelatedBrand Community9592 Words   |  39 Pagesclosely, a number of firms with a devoted consumer following, such as: Harley Davidson, Jeep, Apple Computers and Saturn also have a highly visible â€Å"brand community† (Muniz and O’Guinn 2001) or â€Å"brand club† (Langer 1997). 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