The healthcare quality professional is engaged with a leadership team.

Identifying performance improvement opportunities requires a data-driven approach to assess current performance against organizational goals. The balanced scorecard is a strategic tool that provides a comprehensive view of organizational performance across key domains, such as financial, customer, internal processes, and learning/growth metrics. It highlights areas of underperformance, making it an ideal starting point for identifying improvement opportunities.

Option A (Reviewing the organization’s balanced scorecard): The balanced scorecard aligns with CPHQ principles of performance measurement and improvement. It integrates quantitative data (e.g., patient satisfaction scores, clinical outcomes, financial metrics) to identify gaps in performance. According to NAHQ study materials, reviewing performance metrics through tools like the balanced scorecard is a foundational step in prioritizing improvement initiatives, as it provides a holistic view of organizational strengths and weaknesses.

Option B (Evaluating the organization’s mission, vision, and values statement): While the mission, vision, and values guide organizational culture, they are qualitative and do not provide specific performance data to pinpoint improvement opportunities. They are more relevant for strategic alignment than for identifying actionable gaps.

Option C (Creating an organizational action plan): An action plan is a subsequent step taken after improvement opportunities are identified. Without first assessing performance data, creating an action plan lacks direction and evidence.

Option D (Performing a failure mode and effects analysis (FMEA)): FMEA is a proactive risk assessment tool used to identify potential failures in specific processes, not a broad method for establishing organization-wide improvement opportunities. It is more targeted and typically follows the identification of a problem area.