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HCS 499 SWOT Analysis Week 3 assignment548

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Benchmark Assignment SWOT Analysis
Rosa Ballon
University of Phoenix
Health Care Strategy Capstone
HCS/499
Instructor: John Istvan
October 8, 2018

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Introduction
Strategic planning plays an important role in the success and growth of an organization
because of the highly competitive business environment. When a strategic planning process is
put in place, the organization can set priorities, secure new and additional resources, strengthen
the organization’s operations and make sure that key stakeholders and staff work together
towards the same goal. All of these while monitoring and controlling the mechanisms for making
any necessary corrective actions and progress. Stevens District Hospital is a non-profit
healthcare facility and one of the largest non-profit organizations (Kaissi & Begun, 2008). The
purpose of this analysis paper is to discuss the current performance scenario of Stevens District
Hospital, the purpose of carrying out a SWOT analysis of the business and the limitations and
advantages associated with carrying out a SWOT analysis on an individual level versus a group
of stakeholders. A SWOT analysis table for the hospital will be included as well.
Purpose of Conducting the Analysis in the Context of the Scenario
According to Laidre (n.d.), “The purpose of the Strengths, Weaknesses, Opportunities,
and Threats framework is to get managers thinking about everything that could potentially
impact the success of a new project.” Carrying out a SWOT analysis in this scenario could be a
crucial process to the success of Stevens District Hospital as it will provide vital insight
regarding the current business performance. Marilyn and Nixon (2010) ascertains that having a
comprehensive understanding on how to analyse the performance of a company using a SWOT
analysis method can be vital to business firms working in the healthcare sector. We need to keep
in mind that changes in the healthcare industry come as a result of the continuous advancements
in technology and the needs of patients by market sectors regarding diseases and personal service
preferences.

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Benchmark Assignment – SWOT Analysis Rosa Ballon University of Phoenix Health Care Strategy Capstone HCS/499 Instructor: John Istvan October 8, 2018 Introduction Strategic planning plays an important role in the success and growth of an organization because of the highly competitive business environment. When a strategic planning process is put in place, the organization can set priorities, secure new and additional resources, strengthen the organization’s operations and make sure that key stakeholders and staff work together towards the same goal. All of these while monitoring and controlling the mechanisms for making any necessary corrective actions and progress. Stevens District Hospital is a non-profit healthcare facility and one of the largest non-profit organizations (Kaissi & Begun, 2008). The purpose of this analysis paper is to discuss the current performance scenario of Stevens District Hospital, the purpose of carrying out a SWOT analysis of the business and the limitations and advantages associated with carrying out a SWOT analysis on an individual level versus a group of stakeholders. A SWOT analysis table for the hospital will be included as well. Purpose of Conducting the Analysis in the Context of the Scenario According to Laidre (n.d.), “The purpose of the Strengths, Weaknesses, Opportunities, and Threats framework is to get managers thinking about everything that could potentially impact the success of a new project.” Carrying out a SWOT analysis i ...
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