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Strategic Management

In order for one to truly appreciate and learn the concepts of strategic management one must be positioned at the head of the table as a leader in a healthcare organization. This project is intended to afford a proximal experience of some actual events in the health care industry. There are steps that can expedite success when embarking on a career up the healthcare ladder. The first step is to become thoroughly knowledgeable about the facility or organization by performing an assessment.

Part 1) ASSESSMENTof a Healthcare Organization

You must construct a hypothetical health care facility (community hospital, skilled nursing facility, or mental health facility etc). This is base on the components of realfacilities. The factors must be realistic. Keep in mind that everything cost. Do not use real names. If you are employed in a heath care facility you may use your place of employment (again, do not use the real name of the facility). You may use any resources available to you in obtaining the following: (Minimum of 1000 words)

1) Size of the facility (number of beds) and the approximate land area that it occupies
2) Type of facility (services provided) (General Hospital, Skill Nursing Facility etc.)
3) Payment type (private, public, non-profit , etc)
4) Organizational type (hierarchy etc.)
5) Culture and climate of the organization
6) Organizational leaders and stakeholders
7) Organizational communication type (Top-down, etc)
8) Location of the healthcare facility and population size (state and local area)
9) Demographics of the area's population.

Hint: Locate a facility on the internet that is equal in size to the one you are constructing and come in proximity of their makeup.

Part 2) IDENTIFICATION of Threats

Once the assessment is completed on a healthcare facility the second step is to identify internal and external threats to the integrity of the organization. In this step you are to identify those issues affecting your organization. Begin with issues impacting allhealthcare facilities and then, provide three additional issues that are specific to your facility. Therefore, it becomes prudent to perform a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. Please cite sources. (Minimum of 750 words)

Part 3) APPLICATION of Strategic Plan

You have identified the economic, social, technologic, politicaland competitive changes impacting your healthcare facility. Now it becomes imperative that you address these issues in order to maintain integrity to your facility. Address the identified threats to your organization utilizing strategic management planning, strategic thinking and managing strategic momentum. Be certain to prioritize threats and include time frames (long range and short range). Utilize the concepts and apply principals of strategic management, from your readings, when developing your plan. Please do not simply restate facts. (Minimum of 750 words)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91782237

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