Senior management interest and
financial support
The interest and financial support of senior
managers are 2 of the most important components
necessary for the effective management
of people in health care organizations. Managing
people for high performance requires a
significant investment in time and money to
have positive employee relations, competent
employees, competitive compensation, continuous
training and development, thorough
performance appraisal, and a safe workplace.
An executive team that considers employees
to be long-term competitive assets is more
likely to allocate financial resources to enhance
the value of individuals in the organization
and hold managers accountable for
earning a rate of return on the investment.