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Tenet Healthcare: Embracing Innovation Essay examples

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Tenet Healthcare: Corporate Innovation Innovation is an integral part of any successful business entity. Innovation involves building a creativity culture, developing new business models, installing new technologies, and most importantly, innovative leaders (Davila, Epstein, & Shelton, 2013). The new, unstable and highly competitive healthcare environment requires innovative leadership to become successful in the effective execution of innovative practices. Davila, Epstein, & Shelton, (2013) describe the Seven Rules of Innovation: utilizing strong leadership on the organization’s innovation strategy, integration of innovation, matching innovation to organizational strategy, aligning good management systems in tension between …show more content…

Mr. Trevor Fetter, CEO started the Commitment to Quality in 2003 to improve on their data gathering and statistics (tenethealth.com). In addition, he hired a chief compliance officer to rebuild its ethics and compliance programs. Finally, to improve its reputation, it retained former governor Jeb Bush to its board of directors (tenethealth.com). Tenet is now a Fortune 500 company leading the healthcare industry in conjunction with their innovative and forward thinking approaches. The following paper describes Tenet’s organizational innovative standards and processes aligning it in being one of the best healthcare delivery systems in the United States. Background/Organizational Framework
Tenet Healthcare Corporation is an investor-owned healthcare delivery systems organization based in Dallas, Texas (tenethealth.com). Tenet’s corporate governance guides the overall philosophy and direction of the organization as well as in serving all stakeholders. Its corporate governance consists of the board of directors, the executive leadership team, senior corporate officers, market management, and ethics and compliance divisions.
Tenet’s first decade was spent

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