strategic analysis of the mayo clinic, writing homework help

Aug 4th, 2016
DreamIt
Category:
Other
Price: $40 USD

Question description

Conduct an evaluation of the organization based on strategic planning analysis, which includes the strengths and/or weaknesses that are internal to the organization and opportunities and/or threats external to the organization. Your strategic plan analysis must include at least three strengths and three weaknesses that are internal to the organization and at least three opportunities and three threats that are external to the organization. You must utilize at least five valid sources in your analysis. Examples of valid sources include organizational websites, annual reports, personal interviews with organizational leadership, investigative reports, government reports, and conference transcripts. Your Final Paper must address at least five key areas, concepts, and strategies that are outlined in the course text. These include: 


Internal and external assessments

Competitive marketing analysis

Identification of stakeholders

Overview and assessments of services provided

Competencies and resource

Public entities and regulatory requirements

Demographics served

Strategic financial planning

Financial and operational outcomes

Current and future direction of the organization of choice




Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UIUC
PREMIUM TUTOR

Running head: STRATEGIC PLANNING ANALYSIS

STRATEGIC PLANNING ANALYSIS
Student’s Name
University Affiliation
Professor’s name
Course title
Date

1

STRATEGIC PLANNING ANALYSIS

2

Table of Contents
Introduction ..................................................................................................................................... 3
Competitive marketing analysis ...................................................................................................... 3
Strengths and weaknesses ............................................................................................................... 4
Opportunities and threats ................................................................................................................ 4
Identification of stakeholders .......................................................................................................... 5
Overview and assessments of services provided ............................................................................ 6
Competencies and resource............................................................................................................. 6
Public entities and regulatory requirements .................................................................................... 7
Demographics served ...................................................................................................................... 7
Strategic financial planning ............................................................................................................ 8
Financial and operational outcomes................................................................................................ 8
Conclusion .................................................................................................................................... 10
References ..................................................................................................................................... 12

STRATEGIC PLANNING ANALYSIS

3

Introduction
The Mayo Clinic is defined as a not-for-profit health organization which is currently
ranked as one of the largest medical health organization in the United States. The Clinic has a
workforce of more than 3800 physicians as well as scientists. It was established by William
Worrall Mayo and his sons William and Charles among other members. It began as St. Mary’s
Hospital that soon expanded to become the Mayo Clinic it is today. The success of Mayo Clinic
is attributed to its strategic planning. The ability of an organization to expand and sustain itself in
a competitive environment is defined by how well it handles its strategic planning that is the
marketing strategies, internal and external environment and ability to meet the needs of its
customers.
Competitive marketing analysis
Mayo Clinic has been one of the first health organizations to effectively embrace
innovations in marketing and thus the organization has become a leader due to its effective social
media marketing strategies (Hemingway, 2016). The Clinic and its executives identified the need
to adopt social media as a marketing tool after conducting research and identifying that almost
half of the patients chose their health provider based on their interactions with it on social media.
Mayo Clinic utilizes social media to market its services to its patients (Hemingway, 2016).
Mayo Clinic uses social media platforms such as YouTube to show patients its various services
and allows the patients to ask doctors questions online. Its committing marketing strategies are
strictly based on an online presence, for example, it has developed a website known as Center for
Innovation where the Clinic connects with patients which provide them an opportunity to access
a selection of social media interactions (Mayo clinic, 2012). The organization utilizes other
platforms such as Twitter for education purposes to interact with patients to share health
information (Hemingway, 2016). The company has fully embraced digital innovations to help

STRATEGIC PLANNING ANALYSIS

4

market its services such as Mobile applications, and virtual Q&A with doctors. These
competitive marketing strategies have enabled the Clinic...

Studypool has helped 1,244,100 students

5 Reviews


Summary
Quality
Communication
On Time
Value
ashleyisgod
Nov 26th, 2016
" Top quality work from this guy! I'll be back! "
Molly_Moon
Nov 4th, 2016
" AMAZING as always! "
Hemapathy
Oct 12th, 2016
" all I can say is wow very fast work, great work thanks "
BlueOcean
Sep 29th, 2016
" Awesome! Exactly what I wanted. "
kevin12622
Sep 20th, 2016
" Goes above and beyond expectations ! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors