Final answer:
Health care executives with an MHA degree need competencies in strategic thinking, decision-making, leadership, financial management, and communication.
Step-by-step explanation:
As a health care executive with a Master's in Health Administration (MHA), there are several competencies that you will need in the world of strategic management. These competencies include:
- Strategic thinking: Being able to develop a long-term vision and plan for the organization and anticipate future challenges and opportunities.
- Decision-making: Making informed decisions based on data and analysis, considering both short-term and long-term implications.
- Leadership: Inspiring and motivating the team, setting clear goals, and effectively managing change.
- Financial management: Understanding and managing the financial aspects of the organization, including budgeting, forecasting, and financial analysis.
- Communication: Being able to effectively communicate and collaborate with different stakeholders, including staff, patients, and external partners.
These competencies will help you navigate the complex and dynamic environment of health care organizations, and contribute to the overall success of the organization.