Note: This course provides you the opportunity to develop an abbreviated strategic management plan for a health care organization of your choice. In each assessment, you will develop a step in your strategic management plan, and you will submit the final plan in Assessment 6. Thus, the assessments in this course must be completed in order.

For this assessment, use the organization you selected in Assessment 1 (Texas Children's Hospital) to complete the following:

Create operational and financial components for the strategic planning process. The components should align with the organization's mission.

Analyze the key financial and operational components. You may create the analyses as a spreadsheet or in a Word document.

Analyze these components as they align with the organization's mission.

Consider the organization's internal and external environments. Analyze the key financial and operational components based on the organization's strengths and weaknesses, using a SWOT analysis.

Summarize your analyses of financial and operational components.

Additional Requirements

Your organization financials analysis should include the following:

Length: 2–3 pages, typed and double-spaced, Times New Roman, 12 point. (Length excludes title page and reference list.)

References: Your references may include both scholarly literature and practitioner sources.

Written communication: Must be free of errors, scholarly, professional, and consistent with expectations for members of the profession of Health Care Management.

Writing style: APA expectations for scholarly writing include the use of third-person narrative, unless it is awkward to do so. Because you are talking about yourself in this paper, you may write in the first person.

APA formatting: Must be formatted according to APA (6th edition) style and formatting and include a title page and reference list.