Many of us in the San Francisco Bay Area are following the news of the unexpected crack found in the Bay Bridge. We fear the need for additional repair may delay our commutes tomorrow morning, and we've already been without the Bridge all weekend.
Business plans and grant proposals can also suffer fatal flaws, which can cause serious problems. I typically discuss these problems in terms of project feasibility.
Sometimes business plans with major cracks in them take on a life of their own. It can save the institution money, and save you a lot of wasted effort, if you can identify feasibility issues as early in the plan development as possible. You can then stop or modify an unworkable project idea into something that benefits your institution and your patients.
I have some suggestions for ensuring feasibility as you develop your business plan. Is there any interest out there in discussing this topic further?
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Susan,
ReplyDeleteThis is the fist that I've read your posts. Great questions. Although I am no longer in health care, I am interested in how one ensures feasibility as a business plan is developed. Can you recommend some reading or websites for more information?
Sherrin