As you have examined this week, healthcare administration leaders are expected to exercise decision making under conditions of uncertainty. Perhaps more so than any other business, healthcare administration leaders face multiple challenges since ineffective business practices might not result in poor performance with their bottom lines and, if not, it might negatively impact patient safety. Understanding how to appropriately exercise decision making under conditions of uncertainty is a useful skill for effective healthcare administration practice.
For this Assignment, review the resources for this week, and reflect on how healthcare administration leaders must exercise decision making under conditions of uncertainty. Consider how you might engage in decision making under uncertainty, as you complete the Assignment and the Case Study 6.4 on pages 275-276 of your course text.
The Assignment: (3–5 pages)
Note: You will need to use Excel and the textbook add-in, “Precision Tree.”
Below is the link to get the PrecisionTree add-in from the Decision tools suite from Pallisade to complete the Week 3 Assignment. Click the link on the right of the page for the tools, then click the book. Once you get to the next page, you have to fill out information located on the right of the form to receive the download link. Please note that this download site will only work if you purchased a new text for this course. Additionally, you may need to use a personal email address in order to receive the download successfully.