Running head: THE PROCESS OF STRATEGIC FLEXIBILITY1THE PROCESS OF STRATEGIC FLEXIBILITYGail D. GranthamAmerican Intercontinental University
THE PROCESS OF STRATEGIC FLEXIBILITY2AbstractLeaders must adapt and flourish in today's changing healthcare environment by using approachesthat allow them to adjust and succeed. The best approach to do so is to develop strategicflexibility so that they can quickly respond to emerging circumstances. Strategic flexibility is anorganization's readiness to recognize changes in the external surroundings in real time, delegateenough necessary resources like finances, technology, and human resources to react to thetransformations, and orchestrate and react promptly when it is time to discharge previouslyallocated resources. Leaders must be conscious of when to deploy resources to adjust to changesin the working atmosphere and when to avoid investing in initiatives that will not deliver resultsto maintain strategic flexibility. Strategic flexibility is critical in the healthcare industry sincesignificant changes occur, including record-keeping, protecting security for patient information,preventing cyber-attacks, technology advances that need new methods of doing operations andaddressing issues, and so on. Flexibility is the hardest of all the competitive criteria to attainsince it necessitates proficiency in the other three: quality, cost, and timeliness. Flexibility is stilla vague and ambiguous word in the corporate world. As a result, it is not assessed or managed inthe same way that cost or quality are. Flexibility is defined as the capacity to make deliberateadjustments swiftly, to respond to unforeseen situations on a continual basis, and to conform tothe anticipated effects of predicted changes. Healthcare sectors will always be ready for anytransformation if they maintain strategic flexibility.
THE PROCESS OF STRATEGIC FLEXIBILITY3THE PROCESS OF STRATEGIC FLEXIBILITYExplain flexibility as a tool for strategically adapting and changing in the healthcareorganization.Flexibility in the workplace is a method for adapting to changing conditions and expectations.Employers place a higher value on employees who address their jobs with a flexible perspective (Doyle,2020). Employers who foster a flexible work environment are also appealing to employees. Flexibility inthe workplace refers to the readiness and skill to adjust to change, particularly in terms of how and whenwork is completed. Employee retention and engagement are frequently aided by workplace flexibility. Itcan also assist a company achieve its objectives by increasing productivity (Doyle, 2020). When asked totake on a new project, workers with a flexible mindset do not reply to things like "It's not my job" or "DoI have to?" Flexible personnel, on the other hand, adapt their response to duties based on stakeholderexpectations and the necessities of each situation. Flexibility on the side of a worker could mean comingin early, staying late, or working on a non-working day to satisfy the demands of the organization (Doyle,2020).