Determine the specific segment of the market

Reference no: EM132752541

Assignment: Strategic Planning and Development

Introduction: Within the last 10 years, the health care industry has seen big change, not only in philosophy, but with the implementation of the Affordable Care Act. There have been changes in political, economic, social, technological, legal, and environmental factors that influence strategic planning. Americans desire increased quality patient care, wellness, and prevention programs. Health care organizations are seeing changes in volume and demographics related to their patients, and labor and technologies related to the health care organization.

For this assignment, select a health care organization within your state or region. Imagine you have been selected by the facility's executive committee to develop a strategic plan that aligns to the organization's mission and vision. Use critical thinking skills and research current events of your chosen organization to prepare your assignment.

Instructions: Write an 8-10 page strategic plan. Your plan must include the elements listed below. Note that the instructions correspond to the grading criteria for this assignment. You may also want to review the performance-level descriptions for each criterion in the scoring guide to see how your work will be assessed:

1. Differentiate between strategic management, strategic thinking, strategic planning, and managing strategic momentum.

2. Propose one specific analytical tool suitable for use as an adaptive strategy that will be the most effective in helping an organization achieve its strategic plan.

3. Propose the manner and provide an example of how the selected analytical tool will be used to support the strategic proposal.

4. Research three internal and three external factors that could become barriers to the success of the proposed strategic plan.

5. Recommend at least one solution to each of the possible barriers to implementing your proposed strategic plan.

6. Determine the specific segment of the market that your organization's strategic plan will target.

7. Recommend the most effective approach to marketing your strategic plan, and provide examples.

8. Use at least three quality academic resources.

Reference no: EM132752541

Questions Cloud

What are some internal barriers to the health care : What are some internal and external barriers to the health care organization's mission, vision, and values? Why is it important to understand and be able.

Communal sharing and market pricing often are at conflict : Communal sharing and market pricing often are at conflict. Find an example from the realm of consumer experiences

Compute the acquisition cost of equipment for hunt company : Compute the acquisition cost of the equipment. Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight cost

Analyze michael porters technique for a competitive analysis : From readings in the textbook or peer-reviewed journal articles, analyze Michael Porter's technique for a competitive analysis. Determine one factor for each.

Determine the specific segment of the market : Within the last 10 years, the health care industry has seen big change, not only in philosophy, but with the implementation of the Affordable Care Act.

Discusses the encouragement of strategic thinking : The textbook discusses the encouragement of strategic thinking and the purpose of it.

Companies embarking on international expansion : What are some of the common motivators for companies embarking on international expansion? Why is international market due diligence important?

Discuss the benefits that your department might face : You have been recently promoted to Director of the Global Department. As the director of this department, you have found that you will be working remotely.

Define the term pseudonymity : Define the term pseudonymity and explain its practice among Hellenistic-Jewish and early Christian writers.

User Account

All Pages