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The role of organizational design and culture in the value-based healthcare movement: The case of the Cleveland Clinic 组织设计和文化在基于价值的医疗保健运动中的作用:克利夫兰诊所的案例
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2024-01-16 DOI: 10.1111/jacf.12584
James K. Stoller, Bruce D. Lindsay, Don Chew

The Cleveland Clinic was founded in 1921 as a multi-specialty group practice staffed and run by four physicians who had served in a military hospital in France during World War I. The four men—Drs. Crile, Lower, Bunts, and Philips—were inspired by a vision of a healthcare system in which physicians “acted as a unit,” collaborating in ways that departed radically from the back-then norm of fiercely independent and competitive physicians and practices. In so doing, the Cleveland Clinic challenged the status quo of physicians as “heroic lone healers.”1

Over the next 101 years, the collaborative vision that gave rise to the Clinic evolved into a nonprofit healthcare system made up of 22 hospitals and 275 outpatient facilities around the globe, including Cleveland Clinic hospitals in Abu Dhabi and London. The Main Campus in Cleveland today has some 1300 hospital beds where patients are treated by over 3000 physicians supported by 40,000 other caregivers, including 11,000 nurses. In aggregate, the Clinic now employs over 77,000 caregivers worldwide—a group that includes more than 5500 physicians and scientists, 3500 advanced practice providers, 2000 trainees, and 15,000 nurses. In 2022, this group of 77,000 treated 3.4 million patients with distinction.2 The Cleveland Clinic has consistently been ranked as a top hospital in US News and World Report rankings, with many top-ranked specialties. For example, the Clinic has been ranked #1 in the category of Cardiology and Heart & Vascular Surgery in all 29 years the rankings have been undertaken.

The stellar rankings and performance of the Clinic have also received national recognition, perhaps most memorably during President Obama's much-publicized trip to Cleveland in 2012, when the Clinic's practices and accomplishments were held up as a model for American healthcare. The Clinic's reputation owes importantly to its ongoing commitment to continuous improvement in carrying out its three-part mission of “caring for life, researching for health, and educating those who serve.” One such improvement was a fundamental and innovative transformation of the Clinic's organizational structure, or “org chart,” in 2008.

Until 2008, the Clinic was organized, like most hospitals (and colleges and their medical schools), into separate “departments” corresponding to their special areas of expertise—departments of Surgery, Internal Medicine, Neurology, and so forth. This departmental organization is a traditional structure that reflects the guild-like nature of medical training, and the bond of common experience shared by physicians working in the same specialties. Departments (or divisions) are further broken down into medical subspecialties such as Cardiology, Nephrology, Rheumatology, and Gastroenterology, and the surgical specialties of Cardiovascular Surgery, Urology, Orthopedics, and other disease-oriented surgical disciplines.

This traditional structure of g

让每个人都在同一个团队中,使组织能够设想机构、规划机构、沟通变革、实施变革和微调概念,所有这一切都不需要咨询利益集团或与内部游说团体打交道。"强大的力量 "加剧了这种对变革的抵制,包括 "惯性和继续按老办法做事的诱惑"。"毕竟",正如科斯格罗夫所说,"克利夫兰诊所已经是世界上最成功的医院之一,如果它没有坏掉,为什么要修补它呢?"在接下来的篇幅中,我们试图解释为什么在2008年接受研究所模式--科斯格罗夫在其2014年的书中称克利夫兰诊所 "比任何组织都推得更远"--应该被视为克利夫兰诊所不断发展的一个关键新阶段,即成为其四位创始人在1921年所设想的日益 "以患者为中心 "的价值型医疗机构。为了进一步证明诊所一直致力于确保其组织结构尽可能充分地支持其三方使命,诊所目前正在对研究所模式进行又一次修订。(我们稍后将详细讨论这种新的运营模式,其目标是加强诊所的能力,使其不仅能够提供全球统一的患者治疗效果和体验,并因此获得国际声誉,而且还能将这些保证扩展到诊所全球众多医疗点的所有 "护理人员"--护士和受训人员以及医生和科学家--及其当地社区。我们的长期目标是成为医疗保健行业的最佳就医场所和最佳工作场所。正如科斯格罗夫在书中所言,哈佛商学院的战略大师迈克尔-波特(Michael Porter)等人一直在倡导这种基于价值的医疗愿景,以及为实现这一愿景而设计和实施的 "研究所模式"。考虑到科斯格罗夫和诊所可能欠波特的人情(尽管这种影响很可能是相互的、相辅相成的),我们的解释从简要回顾波特基于价值的医疗服务理念的六个主要原则开始,并说明每个原则是如何影响诊所的实践的。在此过程中,我们借鉴了标准理论,即一个组织的结构应旨在实现其使命和战略。最后,我们以该诊所为例,说明一个组织的 "文化"--反映在其共同的价值观和规范中--是如何依赖于其结构并得到其结构的强化,同时促进其成功和持久力的。
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引用次数: 0
Message from the editor 编辑留言
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-12-24 DOI: 10.1111/jacf.12583
John McCormack
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引用次数: 0
Corporate culture in a new era: Views from the C-suite 新时代的企业文化:来自高管层的观点
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-12-08 DOI: 10.1111/jacf.12581
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引用次数: 0
Corporate culture in a new era: Views from the C-suite* 新时代的企业文化:来自首席执行官的观点*
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-12-07 DOI: 10.1111/jacf.12582
John R. Graham, Jillian Grennan, Campbell R. Harvey, Shivaram Rajgopal
<p>Corporate culture has been likened to an organization's heartbeat—the less visible, somewhat intangible force that shapes its movements, health, and longevity. Just as humans need a strong heartbeat to live, culture is often the difference between business success and failure. Google's culture is frequently celebrated as a cornerstone of its innovation and achievement.1 Zappos's superior customer service stems from a teamwork culture, cultivated as early as the hiring stage. In contrast, the troubles at VW, Toshiba, Uber, and Wells Fargo are routinely held up as examples of cultural failures.2</p><p>Yet designing a culture that can be credited with great business success is difficult, especially when considering the global catalysts shifting workers to hybrid arrangements and placing new demands on management practices and governance structures.3 Employees are increasingly seeking work that aligns with their personal values, rather than just financial incentives.4 Similarly, employees, especially when not immersed full-time in toxic office cultures, are feeling empowered as whistleblowers and increasingly reporting to the SEC failures within their companies.5</p><p>Amidst these transformations, we believe now is the time to reflect on what corporate culture means, and how it contributes to a company's productivity, efficiency, and value creation. To do so, we analyze executives’ answers to questions about culture, including “How do companies build and maintain a culture focused on enhancing efficiency and value?” “What role do other formal institutions, such as board oversight and compensation systems, play in reinforcing (or undermining) culture?” and “How does one measure the effectiveness of a corporate culture?”</p><p>It is in this context of reflection and inquiry, that we synthesize insights from a comprehensive survey of chief executives and financial officers (CEOs and CFOs, referred to interchangeably as “executives” or “managers”) of a wide range of North American public and private companies.6 Along with specific questions about corporate culture and its role in their organizations, we also conducted in-depth interviews of executives representing over 20% of the US equity market capitalization. As we review the insights, we endeavor to incorporate the perspectives on culture, most relevant to this era of unprecedented change for leaders and workers.</p><p>In the pages that follow, we begin by summarizing the survey findings to provide context for the interviews and open-ended responses. Among the most important findings is that a majority of the executives responding to the survey considered corporate culture as “a top three value driver” at their companies, and almost all agreed that improving their corporate culture would increase their firm's value. And although the CEO was identified as “the most influential person” in setting the firm's current culture, corporate boards were also seen as affecting culture—but primarily through
最后,高管们提出了一些评估特定公司文化的方法,包括电话会议记录和分析师报告、员工任期和离职率、检查公司的外部沟通和CEO的媒体形象,以及有员工意见的外部网站,如Glassdoor.com。人们普遍认为,没有单一的数据来源可以衡量文化的细微差别,而在各种来源之间进行三角测量可能是最成功的。在这种程度上,我们将调查和访谈数据与Glassdoor等平台上的众包员工评价以及企业网站上宣传的文化价值观联系起来,得出了深刻的相关性。然而,有相当多的需要进一步的研究,以建立明确的因果关系,文化和企业绩效的各种措施。疫情爆发后,员工的个人价值观和工作规范发生了变化,企业文化受到了冲击。正如“安静辞职者”、“懒女孩工作”和“大辞职”等运动的兴起所突显的那样,许多领导者正在重新思考如何最好地激励和留住员工。数字再培训的必要性日益增加,尤其是随着生成式人工智能等技术的兴起,这种转变进一步加剧。拥有有效的企业文化可以培养积极进取的员工,为企业带来成功。为什么?因为有效的文化通过促进员工的生产力、创造力、长期关注、适当的冒险、遵守法规和限制盈余管理来提高盈利能力和价值。通过一系列深入访谈和全面调查,我们发现,企业文化的作用是通过员工对如何适应公司并在公司取得成功的期望,使他们的观点统一起来。当高管们投资于文化,以及加强文化的治理和激励制度时,他们就能实现有效的文化。这些文化有助于高管们根据不断变化的工作环境重新调整员工的期望,增强适应力,最终实现业务成功。这项研究综合了现有的证据,认为经常被误解和研究不足的企业文化是企业绩效和价值的关键驱动因素。超过90%的受访首席执行官和首席财务官承认并购对生产力和价值的影响,许多人由于文化不匹配而愿意放弃收购目标。高层领导,尤其是首席执行官,在很大程度上塑造了一家公司的文化,而董事会指导的薪酬计划则强化了这种文化。尽管存在测量方面的挑战,但我们的访谈提出了量化文化有效性和效益的方法。然而,在经济、金融和会计的研究中,需要更多地关注文化。研究人员需要听取高管们的建议,并根据公开数据建立强有力的企业文化衡量标准。虽然我们将调查和访谈数据与众源员工评价和网站上的广告价值进行三角测量的方法显示出了希望,但要确定文化与风险承担、盈利能力、公司价值、并购决策以及员工创造力和生产力之间的因果关系,还需要做更多的工作。事实上,通常对无形因素持怀疑态度的首席财务官,在我们的工作中一直强调文化的重要性。对于注重量化的领导者来说,对文化进行量化衡量,可能最终有助于在企业文化上投入时间和资源。正如我们的研究表明的那样,企业文化至关重要,可能比传统上强调的财务指标更重要。因此,在这个领导者和员工的新时代,解释成功或失败需要对企业文化如何与更广泛的组织和经济趋势相互作用有细致的了解。从大约10年前这个项目的早期开始,我们就不断地听到文化有多重要,尤其是首席财务官们,他们通常是数字人,通常对商业环境中难以量化的方面持怀疑态度。我们相信,在这些页面中总结的一系列调查和访谈结果经得起时间的考验,以及领导者在激励和留住员工方面面临的新挑战。重要的是,这些证据传达了一个学者和从业者需要听到的强有力的信息:企业文化确实很重要,而且很可能比金融学者长期以来关注的许多事情都重要得多。
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引用次数: 0
EVA and total quality management* EVA 和全面质量管理*
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-11-27 DOI: 10.1111/jacf.12580
Jeffrey M. Bacidore, John A. Boquist, Todd T. Milbourn, Anjan V. Thakor
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引用次数: 0
Purpose, culture, and strategy in banking 银行业的宗旨、文化和战略
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-11-13 DOI: 10.1111/jacf.12578
Anjan Thakor
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引用次数: 0
Workplace gender diversity and employee turnover 职场性别多样性与员工流动率
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-11-08 DOI: 10.1111/jacf.12579
Aiyesha Dey, Joseph Pacelli, George Serafeim, Fangzhong Liu
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引用次数: 0
The rise and fall of Stern Stewart & Co.’s EVA financial management system 斯特恩斯图尔特公司EVA财务管理系统的兴衰
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-10-25 DOI: 10.1111/jacf.12575
Don Chew
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引用次数: 0
Corporate culture and organizational architecture 企业文化和组织架构
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-10-25 DOI: 10.1111/jacf.12576
James A. Brickley, Clifford W. Smith, Jerold L. Zimmerman
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引用次数: 0
A change toward value-based corporate culture in petrobras 巴西石油公司转向以价值为基础的企业文化
IF 0.7 Q4 BUSINESS, FINANCE Pub Date : 2023-10-18 DOI: 10.1111/jacf.12577
Martin Schwarz, Pedro Tavares
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引用次数: 0
期刊
Journal of Applied Corporate Finance
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