For this assignment, you will use the latest ACHE Healthcare Executive Competencies Assessment Tool, located under the week’s Resources.
After reading the introductory section, complete the self-assessment and formulate your development plan found at the end of each section within the booklet. Note: Also at the end of each section, you will find the authors’ references and notations to resources located at the end of the booklet.
To complete your assignment, you will submit a report reflecting on your findings from the leadership competencies self-assessment, listing your strengths, areas for improvement, and your plan to improve and develop your leadership skills. In your development plan, use the S.M.A.R.T. goal-setting technique: Specific, Measurable, Attainable, Realistic, and Timely first presented by Doran (1981).
In updated versions of this technique, researchers substitute Doran’s (1981) word assignable with the word attainable. The table below may provide guidance as you set your goals.
Length: Minimum 5 pages, not including the title page and reference page
References: Minimum of 5 peer-reviewed scholarly resources including the ACHE resource.
The ACHE Healthcare Executive Competencies Assessment Tool is a valuable resource for evaluating and improving leadership skills in healthcare executives. The tool is divided into seven sections, each focusing on a different aspect of leadership. These sections include: personal and interpersonal skills, professional and technical skills, business and financial management skills, healthcare industry knowledge, strategic and systems thinking, governance and community leadership, and professional development.
Upon completing the self-assessment, it was determined that my strongest areas of leadership are in personal and interpersonal skills, as well as professional and technical skills. In these areas, I scored above the average for healthcare executives. In contrast, my areas for improvement are in business and financial management skills and healthcare industry knowledge. In these areas, I scored below the average for healthcare executives.
To improve and develop my leadership skills, I plan to set specific, measurable, attainable, realistic, and timely (SMART) goals in the areas where I scored below average.
Business and Financial Management Skills:
Goal: To increase my knowledge and understanding of financial management principles and strategies in healthcare by attending a financial management course within the next 6 months.
Specific: Attend a financial management course for healthcare executives
Measurable: Successfully complete the course and pass any exams or assessments
Attainable: Course is available in my area and I have the time and resources to attend
Realistic: I have a basic understanding of financial management principles but need to expand my knowledge and skills specifically in the healthcare industry
Timely: Within the next 6 months
Healthcare Industry Knowledge:
Goal: To increase my knowledge and understanding of current healthcare industry trends and regulations by reading relevant articles and publications on a regular basis.
Specific: Read at least 2 relevant articles or publications per month
Measurable: Keep a reading log to track the articles and publications read
Attainable: Relevant articles and publications are easily accessible online or through professional organizations
Realistic: I have a basic understanding of the healthcare industry but need to stay current with trends and regulations
Timely: On a regular basis
The ACHE Healthcare Executive Competencies Assessment Tool is a valuable tool for evaluating and improving leadership skills in healthcare executives. By identifying my strengths and areas for improvement, I am able to set specific, measurable, attainable, realistic, and timely goals to improve and develop my leadership skills in the areas where I scored below average. By regularly reading relevant articles and publications and attending a financial management course, I can increase my knowledge and understanding of the healthcare industry and financial management