Are You Investing in the RIGHT Aging Services Technology This Year?

New Fiscal Year, New Budget. Of the many technology applications your community could invest in, which ones will you choose? And how do you decide? Often, individual departments submit a budget request for a technology they need, and you say “yay” or “nay.” Based on what? The cost? The pitch? The complaining? Politics? While these can play an important role, they are not the most reliable way to make a confident decision you’ll be comfortable with long term. Most communities look at the dollars and a few bullet points about why the technology is needed, and the CFO decides if we can do it this year. Where is the strategy in that? David Eldred says it well, “Planning is not a strategy-making exercise; … one cannot develop an effective plan before doing the hard work involved in crafting your strategy.” Planning is comfortable; strategy is uncertain. Planning has an answer; strategy ventures into the unknown. Understanding the difference can be life or death for an organization looking to stay competitive. “Execution is a specific set of behaviors and techniques that companies need to master in order to have competitive advantage. It’s a discipline of its own.” —Bossidy, L. & Charan, R. (2002). Execution: the Discipline of Getting Things Done. Crown Business. Here I’ll share some techniques you can use to ensure you’re investing in the right technology this year. The right perspective: it’s not just dollars and cents Chances are your budget requests look something like this: The Clinical team is pushing for approval to implement the Point of Care modules of your existing EHR including mobile devices to...