Strategic management in a public hospital by balanced scorecard and economics analysis
Purichat Rodpai and
Jongrak Hong-ngam
International Journal of Trade and Global Markets, 2020, vol. 13, issue 1, 126-133
Abstract:
The objective of this study was to examine the overall management efficiency of a public hospital in the Northeastern region, Thailand by using the data envelopment analysis (DEA) and Balanced Scorecard (BSC) framework. The study was conducted in three phases including: 1) measuring the organisational performance efficiency using the DEA; 2) analysing the organisational strategic plan and formulating a strategy map to explain connections between strategic objectives based on the main perspectives of the BSC (financial, customer, internal process, and learning and growth); 3) interviewing hospital administrators about the overall strategic management of the hospital to determine how to improve management strategies to maximise balance and efficiency.
Keywords: balanced scorecard; DEA; data envelopment analysis; management; efficiency. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:13:y:2020:i:1:p:126-133
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