Wk 2, mha 560: matrix analysis of sustainability initiative

Best practices for health care sustainability must be examined from both environmental and financial contexts. A matrix is a sound method for such an examination.

The top management of your organization has requested that you prepare a matrix analysis of both environmental and financial contexts for your proposed sustainability initiative. 

Part I: Matrix analysis

Organize and include the following in your matrix:

  • Estimated current costs involved in your sustainability initiative’s processes (e.g., staffing, facility, operating, products, services)
  • Estimated cost to implement initiatives (e.g., new equipment, new contracts, or staff)
  • Cost projections after implementation
  • Social and environmental costs
  • Benefits
  • Cost savings, immediate or over time
  • Benefits over time (1 year, 5 years, 10 years, etc.)
  • Local, state, or national revenue sources for your initiative

Part II: Matrix summary analysis

Prepare a 700-word summary of your matrix analysis. Include the following in your summary:

  • Restate your individual sustainability initiative.
  • Relate how your initiative might impact other sustainability initiatives within your organization.
  • Describe various environmental contexts that could impact your sustainability initiative.
  • Analyze and summarize the financial contexts and implications your sustainability initiative will have on your selected organization.
  • Explain the cost savings and benefits over time.
  • Recommend a local, state, or national revenue sources for your initiative and why you believe the source is appropriate.

Cite 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).

Format your references according to APA guidelines.