The Transformation Of The Gas Engines

987 Words4 Pages
Effective & Efficient Aristotle is credited with stating the whole is greater than the simple sum of its parts. This also represents the definition of synergy. Synergy is the unified working of the sum to create something greater than the individual components. For instance a car engine is comprised of an engine block, belts, hoses, spark plugs, and other miscellaneous components. Individually these components are not going to propel a vehicle, however when put together and fed some fuel the components create the oomph needed to support transportation. Back in the 1920’s gas engines were effective at propelling a vehicle. Over time engineering improvements have made the engine more efficient. This efficiency is measured as improvements in miles traveled per gallon of gas consumed. The transformation of the gas engine is an example of how quality performance and the budgeting process intersect to create greater consumer value. In the business of healthcare, the engine example is analogous to operating a business. The elements of creating a plan in support of allocating resources to improve patient outcomes while maximizing output is the foundation of the healthcare experience. How to best do this requires a thorough understanding of the strategic direction. The organizational vision and mission help lay the foundation for the business plan. This plan can be used to develop the financial budget. Financial planning allows for maximization of resources to
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