Week 7 Assignment 1 - Financial Assessment and Stakeholder Communication

Question # 00850354 Posted By: wildcraft Updated on: 02/04/2024 11:04 PM Due on: 02/05/2024
Subject Business Topic General Business Tutorials:
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 Week 7 Assignment 1: Team Project - Financial Assessment and Stakeholder Communication Podcast

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In this assignment, you will work as a team to apply best practices related to financial assessments and decisions required for the implementation of health information systems. Additionally, you will practice persuasive communication skills to gain buy-in from diverse stakeholders while embracing principles of diversity, equity, and inclusion.

Preparation and Scenario

In this team assignment, you will work collaboratively in teams to conduct a comprehensive cost-benefit analysis for the implementation of a health information system. You will engage with the Vila Health simulated healthcare organization within the context of the scenario presented in the following media piece:

· Vila Health: Value and Stakeholder Communication .

Use Zoom, Kaltura, or another collaborative tool to assist in podcast creation, your team will then create an engaging and dynamic 5–8 minute internal podcast targeting the board to gain their approval for the implementation. (Refer to  Using ZoomLinks to an external site.  or  Using KalturaLinks to an external site.  for guidance.) Check with your instructor if you would like to use a tool other than Zoom, to be sure it is acceptable and can be uploaded to the courseroom and reviewed. Individually, you will then evaluate your team experience.


1. Team Formation:

· Your instructor will assign you to teams and set up a team discussion link where you can begin interacting. You will need to meet regularly with your team in order to meet the requirements of the assignment.

2. Selection of Health Information System:

· As a team, using the Vila Health simulated healthcare organization provided (in the  Vila Health: Value and Stakeholder Communication  media piece), you will analyze the cost-benefit for a new health information system. Make sure you access sufficient information about the system and its potential implementation.

3. Cost-Benefit Analysis:

· Using the  Cost-Benefit Analysis [DOCX]  template,  conduct a thorough cost-benefit analysis for the implementation of the selected health information system. The analysis should include a detailed assessment of the financial implications, potential return on investment, and long-term benefits.

4. Podcast Creation:

· Create a 5–8 minute podcast that effectively communicates the key points of your cost-benefit analysis. Include an overview of the health information system, the financial analysis results, and the potential impact on the organization's operations and patient care. Ensure your podcast has the following:

· Persuasive Communication:

· Use persuasive communication techniques to engage the audience and emphasize the significance of the proposed implementation. Incorporate storytelling and real-world examples to make the podcast compelling and relatable.

· Stakeholder Buy-In:

· Present at least  three methods that can be used to influence and gain buy-in from diverse stakeholders, including the board. Consider how principles of diversity, equity, and inclusion can be integrated into the communication strategies to build a strong case for implementation.

· Professional Standards and Inclusivity:

· Ensure that the podcast adheres to professional standards of communication and presentation. Embrace principles of diversity, equity, and inclusion by being respectful of different perspectives and promoting equitable access to healthcare.

Note: Individual team members will be evaluated based on their contributions to the team project, as well as their ability to work collaboratively and communicate effectively within the team.

This team assignment provides an excellent opportunity for you to demonstrate your skills in financial analysis, persuasive communication, and teamwork, which are essential in the field of health administration. If you have any questions or need guidance, don't hesitate to reach out to your instructor.

Additional Requirements

Your assignment should also meet the following requirements:

· Submissions: Upload the final cost-benefit analysis along with the recorded podcast to the assignment area.

· Written communication: Written communication is free of errors that detract from the overall message.

· APA Format: Use appropriate APA format for a clear, concise presentation of information. Refer to the  APA ModuleLinks to an external site.  for help with APA style guidelines. Communicate information and ideas accurately, utilizing peer-reviewed sources, including proper APA reference citations.

· Length: Cost-benefit Analysis  and  5–8 minute podcast.

· Font and font size: Times New Roman, 12 point.

Competencies Measured

By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:

· Competency 3: Apply best practices relative to the financial assessments and decisions required for the implementation of health information systems.

· Conduct a detailed and accurate financial analysis.

· Competency 4: Apply evidence to influence buy-in from all stakeholders.

· Discuss clear and effective strategies for stakeholder communication.

· Use clear and relevant storytelling with examples.

· Competency 5: Communicate effectively using professional standards embracing diversity, equity, and inclusion.

· Collaborate in a team, leveraging diverse skills and perspectives to achieve common goals through effective communication.

· Create a clear and well-structured presentation and podcas

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  1. Tutorial # 00845826 Posted By: wildcraft Posted on: 02/04/2024 11:04 PM
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