Strategic Plan, management homework help

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Business Finance

Description

Read the following Strategic Plan Overview:

By definition, a strategic plan is designed to be used for 3 to 5 years or more. For your individual Strategic Plan project, you will write a strategic plan using the following outline. You may choose a health care organization you would like to focus on or develop a new health care business. Choose something you are passionate about and may implement in the future. It is recommended that if you choose to work with an existing organization that you add a new program or project to your plan. Suggestions for appropriate new projects include a new program or service for an existing organization, a new product line for an existing business, a new joint venture or acquisition, a new health care payer model for a state, or a new health care business.

Select a health care organization you would like to focus on.

Research your chosen organization's governing structure.

Write a 1,400- to 1,750-word report on your findings that address the following:

  • Identify the organization's mission, vision, and key values.
  • Analyze the framework of a strategic plan.
    • Describe the strategic planning model your chosen organization uses.
  • Evaluate the relationship between the strategic plan and your organization's mission, vision, and values.
  • Describe the organizational structure of your chosen organization.
  • Identify the current key leaders in your chosen organization and describe their roles.
  • Describe the change management model your chosen organization uses.
  • Evaluate the impact of governance on implementation of strategic goals.
    • Consider the role of the Board of Directors on formation of strategic goals.
  • Analyze the organization's major service delivery and support activities in its value chain. At a minimum, include the following:
    • Location
    • Target market
    • Programs and services
    • Clinical operations
    • Marketing
    • Billing
    • Follow-up
    • Organizational culture
    • Strategic resources
  • Analyze how the organization uses its value chain to implement its strategic plan.

Cite at least 3 peer-reviewed, scholarly, or similar resources to support your information.

Format your paper according to APA guidelines.

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Explanation & Answer

Attached.

Running head: STRATEGIC PLANNING

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Strategic Planning
Student’s Name
Institution Affiliation
Date

STRATEGIC PLANNING

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Introduction

A strategic plan is a vital tool in guiding the work of the organizations. It helps maintain a
focused and long term vision of the organizational missions and purpose. It also aids the decision
making about the human as well as financial resources allocation. The main objective of
visioning is that it provides an inspiration as well as allowing the participants share the creative
ideas (Nieboer, 2011). Moreover, it helps the participants to understand and visualize they need
to achieve. Strategic planning is thus imperative to an organization as it provides a road map
towards which the organization should operate towards.
Prime Healthcare Services Inc.
The health care organization under the study is Prime Healthcare Services Inc. in this
case, I would like to establish an online payment model where the services of this organization
can be accessed internationally as well as facilitate the collection of financial resources from the
customers. The traditional payment of cash has been resulting in risks of handling cash and thus
a changed need to be resolved to. The Vision of this health care organization is the provision of
compassionate care, as well as clinical excellence to all the patients as more hospitals, are
created aimed at improving the healthcare in all the communities that they serve (Nieboer, 2011).
Their mission is to improve and save the hospitals to allow them to deliver quality healthcare to
the patients, compassionate as well as provide to the communities better healthcare.
The organization has four core values that have enabled it to remain competitive in the
healthcare organizations. First, it believes in quality. It is thus committed to the provision of the
exceptional performance and care. Secondly, compassion where they deliver the patient-centered
healthcare services with passion, respect, and dignity for all the patients as well as their families.

STRATEGIC PLANNING

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Thirdly, the community has been the target. This is based on the service as well as giving back
and grow the communities within which they operate as honored and trusted partners. Finally,
they believe in the physician led. This portrays that they are physician founded which allows the
doctors as well as the clinicians to provide healthcare services at all levels.
Framework of a Strategic Plan
In developing a strategic plan, certain issues need to be considered as they play vital
roles. Some of these factors ...


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