Wednesday, January 19, 2022

g-f(2)832 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), HBR, How Digital Transformation Can Improve Hospitals’ Operational Decisions

ULTRA-condensed knowledge

"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageDigital Transformation, How Digital Transformation Can Improve Hospitals’ Operational Decisions (1/19/2022)  g-f(2)426 

Opportunity, HBR

EXCEPTIONAL “Full Pack Golden Knowledge Container”

How Digital Transformation Can Improve Hospitals’ Operational Decisions

  • Given the aging population, prevalence of chronic conditions, and advances in medicine, it has become more important than ever for hospitals to operate efficiently and effectively. Going forward, the key to improving operational decision-making will lie in their ability to leverage digital transformation.
  • Here are four key areas where hospitals can leverage digital transformation to improve operational decision-making:
    1. Patient Flow
    2. Staffing
    3. Scheduling
    4. Supply Chain Management

Genioux knowledge fact condensed as an image



Song-Hee Kim

Song-Hee Kim is an associate professor of operations management at the SNU Business School at Seoul National University. Her research focuses on data-driven decision-making within health care systems, especially how to design human-algorithm interactions to improve quality, efficiency, and access to care in hospitals.

Hummy Song

Hummy Song is an assistant professor of operations, information, and decisions at the University of Pennsylvania’s Wharton School. Her research focuses on how operations can be designed to help health care providers work more efficiently and effectively.

Extra-condensed knowledge

Lessons learned, HBR

To make this type of digital transformation possible 

Golden Knowledge (GK) Juice

  • To make this type of digital transformation possible, hospitals must be intentional in the way they collect data and interact with their information technology systems. We have three prescriptions for how to go about this.
    1. Collect the right data in the right format.
      • Start by identifying the pain points and the low-hanging fruit. When and where is data still collected and communicated offline? Can the fax become automatically captured and recorded in the electronic medical record (EMR) system? Can phone calls and text messages be reduced and replaced by electronic communications via the EMR?
    2. Set yourself up for scalability and interoperability.
      • From the outset, design the data-collection system with scalability and interoperability (the ability of different IT systems or equipment to exchange and make use of data) in mind. Standardize the input formats to minimize (or eliminate) the need for data cleaning and to enhance the quality of inputs into algorithms. Familiarize yourself with the four levels of interoperability and the established interoperability standards to set up a system that will facilitate health information exchange and data sharing.
    3. Don’t lose sight of the human-algorithm interaction.
      • While algorithms can produce helpful predictions and recommendations, ultimately the decision-maker is the human. As a result, we must be cognizant of the widespread nature of algorithm aversion by decision-makers and aim to develop algorithms that are fair, explainable, prevent harm, and respect human autonomy so that the decision-maker can trust the algorithms. Furthermore, creating superb algorithms alone cannot improve hospital operations. Algorithms need to be carefully designed, implemented, and evaluated with the user in mind.

Condensed knowledge

Lessons learned, HBR

Essential knowledge 

Golden Knowledge (GK) Juice

  • Many companies are interested in digital transformation — using digital technologies to create or modify business processes, culture, and customer experiences — to grow and stay ahead of the competition, and hospitals are no exception.
  • When people think about digital transformation in health care, they tend to focus on the idea of employing analytics to improve clinical decision-making. For example, with advances in computational science and machine learning, it’s become possible to deliver precision medicine, where therapies and interventions are tailored to each patient based on the individual’s genetic profile. Artificial intelligence (AI) algorithms are increasingly being used to improve the visual detection of signs of disease in fields such as radiology, dermatology, gastroenterology, ophthalmology, and pathology.
  • However, focusing on leveraging digital transformation solely to improve clinical decision making would be a mistake. Based on our research and that of others as well as the burgeoning advances in how hospitals are using data and technology, we believe that digital transformation has a substantial role to play in optimizing hospitals’ operational decision-making, which in turn can lead to improvements in the quality and efficiency of care and patients’ access to it.

Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from HBR]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)832, Fernando Machuca, January 19, 2022, Corporation.


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.

Key “genioux facts”

  • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
    1. g-f(2)831 THE BIG PICTURE OF THE DIGITAL AGE (1/18/2022), Talks at Google, Dorie Clark | How to Be a Long Term Thinker in a Short Term World
    2. g-f(2)830 The New World (1/18/2022), TechXplore, Controlling complex systems with Artificial Intelligence
    3. g-f(2)829 The New World (1/18/2022), Forbes, 3 Ways That Artificial Intelligence (AI) Will Change Your Job Forever
    4. g-f(2)828 THE BIG PICTURE OF THE DIGITAL AGE (1/18/2022), HBR, When Lower Intensity Leads to Higher Results
    5. g-f(2)827 THE BIG PICTURE OF THE DIGITAL AGE (1/17/2022), HBR, Research: How Entrepreneurship Can Revitalize Local Communities
    6. g-f(2)826 The New World (1/17/2022), Bloomberg, France Gets its 25th Tech Unicorn, Reaching Macron’s Goal Early
    7. g-f(2)825 The New World (1/17/2022), Forbes, 14 Ways To Leverage AI To Better Connect With Customers
    8. g-f(2)824 The New World (1/17/2022), Venture Beat, How AI will drive the hybrid work environment
    9. g-f(2)823 The New World (1/17/2022), Forbes, How To Close More Deals With Artificial Intelligence
    10. g-f(2)822 THE BIG PICTURE OF THE DIGITAL AGE (1/16/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    11. g-f(2)821 THE BIG PICTURE OF THE DIGITAL AGE (1/16/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    12. g-f(2)820 The New World (1/15/2022), Venture Beat, How AI and language intelligence are helping employees learn
    13. g-f(2)819 The New World (1/15/2022), MIT SMR, Toxic Culture Is Driving the Great Resignation
    14. g-f(2)818 The New World (1/14/2022), Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction
    15. g-f(2)817 The New World (1/14/2022), HBR Analytical Services, Keys to Successful Innovation through Artificial Intelligence
    16. g-f(2)816 The New World (1/14/2022), HBR Analytic Services, AWS, AWS perspective: AI have the potential to transform nearly every industry
    17. g-f(2)815 The New World (1/14/2022), WEF, Artificial intelligence: What the C-suite needs to know
    18. g-f(2)814 The New World (1/14/2022), Analytics Insight, 10 WAYS ARTIFICIAL INTELLIGENCE WILL CHANGE THE WORLD IN 2022
    19. g-f(2)813 The New World News (1/13/2022), WSJ, These TikTok Stars Made More Money Than Many of America’s Top CEOs
    20. g-f(2)812 The New World (1/13/2022), Brookings, How countries are leveraging computing power to achieve their national artificial intelligence strategies
    21. g-f(2)811 The New World (1/13/2022), Bloomberg, TSMC to Spend at Least $40 Billion to Address Chip Shortages
    22. g-f(2)810 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), Talks at Google, Bruce Hood | How Minds are Constructed
    23. g-f(2)809 THE NEW WORLD (1/12/2022), geniouxfacts, 10 juices of ultra-condensed GK to keep pace
    24. g-f(2)808 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), MIT SMR + BCG, AI in the Supply Chain: Cold Chain Technologies’ Ranjeet Banerjee
    25. g-f(2)807 THE NEW WORLD (1/11/2022), HBR, Finding Success Starts with Finding Your Purpose
    26. g-f(2)806 The New World (1/11/2022), HBR, HBR’s Most-Read Research Articles of 2021
    27. g-f(2)805 The New World (1/11/2022), msn money, The National, Artificial intelligence to influence top tech trends in major way in next five years
    28. g-f(2)804 The New World (1/11/2022), MIT SMR, Six Ways Leaders Can Adapt to the Workplace of 2022
    29. g-f(2)803 The New World (1/10/2022), Bloomberg, Uniting Grand Theft Auto and FarmVille Is a Game Changer
    30. g-f(2)802 THE NEW WORLD (1/10/2022), WSJ, Microsoft Hit by Defections as Tech Giants Battle for Talent to Build the Metaverse

Featured "genioux fact"

g-f(2)2393 Unlock Your Greatness: Today's Daily Dose of g-f Golden Knowledge (May 2024)

  genioux Fact post by  Fernando Machuca  and  Claude Updated June 1, 2024 Introduction: Welcome to May 2024's edition of "Unlock Y...

Popular genioux facts, Last 30 days