Assessment 2: Developing a Business Case Ethical and Culturally Sensitive Solutions

 Assessment 2: Developing a Business Case Ethical and Culturally Sensitive Solutions

Risks are inevitable in capital-intensive projects, and effective solutions are crucial to avoid project failure. The same case applies to the proposed partnership. A practical ethical and culturally sensitive solution is more innovativeness by integrating technology as much as possible. For instance, printed education materials should be minimal as the target population receives digitized information more. The initiative’s key success indicator will be increased patient visits. The organization must serve many patients to break even. As a result, intensified campaigns about the program are necessary to ensure that the targeted community is more aware of it. The other practical intervention is to be inclusive in approach and target the entire population instead of a specific segment of the community. Doing so will attract many people into the program hence more patient referrals. The organization should also consider external financial support, particularly from donors. Straining the workforce is the most significant risk due to the possibility of nurse burnout (Shah et al., 2021). It should be controlled by all means possible. A suitable intervention is an employee motivation program that includes rewards and incentives. All stakeholders should be involved in every phase of the initiative and updated accordingly to earn their maximum support.

Modifying the Proposed Initiative

Several modifications can be made to the proposed initiative to mitigate the mentioned risks. One of the reasonable modifications is to execute the project in phases. For instance, screening, home visitations, and awareness should be done separately. The organization should also consider using volunteers and nurses under internship to reduce expenses. Organizations have dealt with similar risks through avoidance, where activities that pose a significant financial threat are avoided entirely (Hessami, 2019). Transference is also considered and involves shifting the risk to another party. The proposed interventions are ethical and factor equality since they do not burden or disadvantage any group. Indeed, the primary objective is maximizing the potential and benefits to all groups.

Effects on Community Health Care Delivery

The initiative will create an informed community that seeks medical help when needed. It will also encourage preventive health, implying that the community’s overall illness burden will reduce. Preventive health is crucial in communities since it makes people more productive and reduces health disparities (Levine et al., 2019). As a result, the community will be more involved in economic development since the healthy and productive population will increase (Fournier & Karachiwalla, 2020). Issues that need consideration include the sustainability of the partnership and other practices that can be incorporated into the partnership to enhance outcomes. The legal aspect of the interventions should be evaluated in detail too.

Economic Costs and Benefit Analysis

As a capital intensive initiative, a huge cost will be involved to initiate the program. As illustrated in the cost-benefit analysis template (Appendix A), costs associated with the initiative include education materials, home visitations, screening technologies and activities, communication, and workforce support at $182,045.32. Benefits over the five years include health care staff earnings, revenue from patient services after referrals, and saved health care costs due to preventive health at $253,660.86. The findings should be considered during the organization’s strategic planning.

Keeping Costs under Control

Controlling costs is an effective way of increasing a project’s sustainability. As earlier mentioned, involving volunteers and seeking donor support can reduce financial risks. The same approaches can be used to control costs. Besides, progressive cost analysis is crucial to identify practices that can be replaced or avoided if they burden the project in terms of costs. Generally, costs associated with education and awareness are the most likely to control by incorporating technology more in communication and community education. Controlling the costs will automatically maximize benefits since the saved costs will be used in other areas that maximize positive outcomes. A risk-ethical analysis should be done to all proposed cost control to ensure that it is ethical and equitable. All the concerned parties should be engaged too.

Evidence Analysis

The business case has been supported by quantitative and qualitative economic, financial, and scholarly evidence. The quantitative evidence (the economic and financial projections- Appendix A) is based on current market prices of services and products and shows that the initiative is a va