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Assignment: Executive level presentation
Present your operational recommendations and strategic control mechanisms.
Include goals, objectives, resources, and action steps for reconfiguring and aligning the organization\’s structure, systems, shared values, management style, staff, and skills.
Define critical success indicators that enable an organization to measure success in implementing the strategy.
Propose a strategic plan to optimize outcomes and mitigate risks in the organization.
Analyze potential long-term opportunities and operational components in the strategic planning process.
Analyze the effect of strategy formulation on human, financial, and technical resources.
Weigh factors of measurement against current organizational benchmarks.
Create a visually pleasing, professional presentation tailored to a specific audience.
Use charts and/or images that support the content.
Communicate critical content clearly and persuasively in a limited time.10–12-slide, executive-level presentation, with speaker notes, of the SMART objectives corresponding to the organization\’s main strategies, associated performance indicators and metrics, and strategic plan recommendations.
Note: Each assessment in this course builds upon the work you have completed in previous assessments. Therefore, you must complete the assessments in the order in which they are presented.
The successful implementation of a strategic plan requires effective communication and a thorough understanding of not only the role of the organization within the greater community, but the role of leadership within the organization. By effectively engaging stakeholders and understanding the philosophy of strategic management, leaders can mitigate challenges and hurdles that face those directing change.
This assessment provides an opportunity for you to create an executive-level presentation explaining how SMART objectives underlying each organizational strategy can help the organization successfully implement its strategic plan. Then, after sharing the key performance indicators you developed off the strategic plan, you will use this ‘balanced scorecard’ to make recommendations to revise the strategies you developed in Assessment 3.
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Analyze organizational structure, design, culture, and climate in relation to environmental forces.
Analyze potential long-term opportunities and operational components in the strategic planning process.
Competency 2: Develop a strategic organizational plan that provides human and financial resources to support targeted organizational outcomes.
Present operational recommendations and strategic control mechanisms.
Define critical success indicators that enable an organization to measure success in implementing a strategy.
Analyze the effect of strategy formulation on human, financial, and technical resources.
Competency 3: Recommend an organizational structure and design to optimize a strategic plan.
Propose a strategic plan to optimize outcomes and mitigate risks in an organization.
Competency 4: Communicate in a manner that is scholarly, professional, and consistent with expectations for professionals in health care administration.
Create a visually pleasing, professional presentation tailored to a specific audience.
Communicate critical content clearly and persuasively in a limited time.
Present your operational recommendations and strategic control mechanisms.
Include goals, objectives, resources, and action steps for reconfiguring and aligning the organization\’s structure, systems, shared values, management style, staff, and skills.
Define critical success indicators that enable an organization to measure success in implementing the strategy.
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SMART Objective Setting Guide
Use these guidelines to assess how SMART your objectives are.
Specific
Specific objectives use only one action verb; objectives with more than one verb suggest more than one activity or behavior is being measured. Avoid verbs with vague descriptions of intended outcomes. For example, avoid verbs such as understand or know. How would you measure progress?
Specific objectives cover the five Ws: What, why, who, where, and which. Use this five-point checklist to determine whether your objective is specific:
Measureable
It is impossible to determine whether objectives have been met unless they can be measured. The objective serves as a reference point from which a change can be clearly measured. Specific and measurable objectives enable you to establish solid and directed criteria for measuring progress toward the achievement of the objectives.
These questions will help you assess how measureable your objective is:
Achievable
Achievable objectives can be accomplished given the available resources. Consider these questions to determine how achievable your objective is:
Relevant
Objectives need to relate directly to the overall strategic goal specified in the strategic plan. Ultimately accomplishing the objective will help the organization achieve its major strategic goal. Consider these questions as you assess the relevance of your objective:
Time Bound
Time-bound objectives have specific starting and ending points. They are of fixed duration. To assess whether or not your objective is time bound, consider these questions: