Attached.

Strategic Management in Healthcare
Outline
A. Question 1
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With directional strategies, an organization needs to have a well-set and defined
mission statement. Besides, a healthcare organization also needs to have a clear
mission statement and goals.

B. Question 2
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According to Sammut-Bonnici (2015), strategic management denotes the process of
assessing, planning, and executing strategies. She argues that this process is generally
designed to sustain or enhance an organization's competitive edge and market
position.

C. Question 3
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According to Jovarauskiene and Bagdonas (2013), healthcare policies in different
areas often determine the health variant. In this sense, they argue that healthcare
policies remain vital in determining the healthcare providers and other experts define
the market they wish to serve.

D. Question 4
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According to Speziale (2015), strategic management denotes a body of knowledge
and its gains are always measurable. As a philosophy, he argues that strategic
management is an art and science, which help organizations to formulate, implement,
and assess decisions.

E. Question 5

2
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An action plan involves step by step illustration on how to undertake strategy
planning, formulation, and implementation in an organization. This process involves
seven key steps.

F. References
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Altuntaş, G., Semerciöz, F., & Eregez, H. (2013). Linking strategic and market
orientations to organizational performance: the role of innovation in private
healthcare organizations. Procedia-Social and Behavioral Sciences, 99, 413-419.

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Duncan, W. J., Ginter, P. M., & Swayne, L. E. (1998). Competitive advantage and
internal organizational assessment. Academy of Management Perspectives, 12(3), 616.

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Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2018). The strategic management of
health care organizations. John Wiley & Sons.

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Lee, K. H., Barker, M., & Mouasher, A. (2013). Is it even espoused? An exploratory
study of commitment to sustainability as evidenced in vision, mission, and graduate
attribute statements in Australian universities. Journal of Cleaner Production, 48, 2028.

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Jovarauskiene, D., & Bagdonas, E. (2013). Specificity of the Health Care
Market. Social Sciences, 79(1), 23-28.

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Kleiner, S. A., Lyons, S., & White, W. (2012). Provider concentration in markets for
physician services for patients with traditional Medicare. Health Management, Policy
and Innovation, 1(1), 3-18.

3
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Inamdar, S. N., Kaplan, R. S., Jones, M. L., & Menitoff, R. (2000). The Balanced
Scorecard: a strategic management system for multi-sector collaboration and strategy
implementation. Quality Management in Health Care, 8(4), 21-39.

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Pond, C. (2006). Strategic Management of Health Care Organisations: By Linda E
Swayne, W Jack Duncan and Peter M Ginter. International Journal of Leadership in
Public Services.

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Sammut-Bonnici. (2015). Strategic management. Wiley Encyclopedia of
Management, 12, 1-5. Retrieved from
https://www.researchgate.net/publication/272352897_Strategic_Management

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Speziale, G. (2015). Strategic management of a healthcare organization: engagement,
behavioural indicators, and clinical performance. European Heart Journal
Supplements, 17(suppl_A), A3-A7.


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Strategic Management in Healthcare
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Strategic Management in Healthcare
Question 1
With directional strategies, an organization needs to have a well-set and defined mission
statement. Besides, a healthcare organization also needs to have a clear mission statement and
goals. The directional strategies, mainly the mission statement, are a highly valuable element or
tool for any healthcare organization to utilize in increasing worker motivation while helping the
organization to improve its productivity and performance. As such, the mission and vision
statements form vital parts of a directional strategy. They also help firms to pursue their goals
while aiding in giving a sense of purpose. By and large, they are pertinent because they form a
fundamental basis on which other aspects of the strategy are founded in the strategic process. As
for Lee, Barker, and Mauasher (2013), these statements similarly provide a coherent guide on
which firms make decisions. They argue that while the mission statement helps to identify the
purpose of the firm, the vision statement provides a clear direction for a firm's growth. Pond
(2006) says that directional strategies also need values and goals.
As for adaptive strategies, the requirements include market development, penetration,
status quo, harvesting, liquidation, produ...