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HCA 7022-8 Week 3 – Strategic Planning Stages Assignment
A Situational Analysis
A situational analysis is the first stage of strategic planning. It typically begins with an analysis of the current and recent situation of the organization. The situational analysis sets the tone and its purpose is to understand past successes and failures, allow those less knowledgeable about the organization to build a solid understanding, help determine what factors are subject to the organization’s control, and how external forces may affect the organization in the future. HCA 7022-8 Week 3 – Strategic Planning Stages Assignment.
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This stage also examines the organizational direction of the agency. It sets high-level direction, encompassing mission, vision, values, and key overall organizational strategies.
Review the resources attached to prepare for this week’s assignment(s).
After convincing senior leadership at your hospital that developing a strategic plan is necessary, leaders have asked you to provide more detailed information on how to begin this process. Prepare a PowerPoint presentation for your next meeting with leadership to provide this information. After examining Chapters 3 and 4 in your text, provide at least three (3) reasons why conducting a thorough situational analysis is the first crucial step in developing a strategic plan. Be sure to focus on the health care field and internal and external environments when providing examples to illustrate your points.
Incorporate appropriate animations, transitions, and graphics as well as “speaker notes” for each slide. The speaker notes may be comprised of brief paragraphs or bulleted lists.
Support your presentation with at least five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included. HCA 7022-8 Week 3 – Strategic Planning Stages Assignment.
Length: 12-15 slides (with a separate reference slide)
Notes Length: 200-350 words for each slide.
HCA 7022-8 Week 3 – Strategic Planning Stages Assignment.
HCA7022-8 Week 6 – Strategic Planning as an Ongoing Process
Strategic Management
Five critical elements of the planning process should be assessed in strategic planning: facilitation, teamwork, planning retreats, research approaches, and key stakeholder involvement. We will critically compare the four major benefits of strategic planning: product/market improvement, financial improvement, operational improvement, and community improvement.
We will also examine management strategy and the balanced scorecard – a management tool that can be used by healthcare organizations to meet the strategic challenges of the 21st century. Lastly, we discuss transitioning the strategic planning process to strategic management – an important transition to our final coursework section.
Review the resources listed in the area below (see attachments) to prepare for this week’s assignment(s).
Week 6 Assignment: Transition from Implementation to Management
From a strategic management perspective, explain four advantages that the application of the balanced scorecard could result in for a health care organization. In your paper, be certain to include one of the most important benefits – how it can be a means of focusing attention on strategy implementation.
Support your paper with a minimum of five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages not including title and reference pages