For some reason, investing has been top-of-mind for me this past week… In the context of healthcare, however, the question is – Where should we invest to make the most significant impact?
There’s no shortage of priorities: expanding services/service lines, recruiting talent, modernizing systems, and growing market share. Fortunately, there are two foundational tools that can bring clarity and focus:
- Your mission.
- Your brand.
These strategic filters should guide investment decisions and align your entire organization around what matters most.
Here’s how mission and brand work together as a decision-making framework and how healthcare executives can use them to drive mission-aligned growth.
Use Mission as your Strategic North Star
Mission defines why your organization exists. It articulates your purpose beyond profit and should influence every investment decision you make.
When budgets are tight, or priorities compete, your mission helps determine the investment that best reflects why you’re here.