Reference no: EM131234305
Assignment: LASA- Development of a Healthcare Business Unit's Strategy
Identify a health care organization for which a significant amount of information is available, in books, journals, reports, or on the Internet. Conduct an audit of the organization's strategic assets based on the information you are able to gather from various sources. The audit you conduct will not be as thorough and detailed of an audit as the organization itself might conduct as you will not have access to the same inside information as internal auditors. Do your best to gather and report the following information.
Start with a general description of the service that the healthcare organization provides. Include the mission statement for the organization. If there is not one, create one you believe would best describe the mission of the organization.
The first part of your audit should address the organization's historical financial performance and its current financial condition, as described in your textbook. A lot of the necessary data can be found in the organization's annual report and its filings with the Securities and Exchange Commission (SEC) and state-level government regulatory agencies. Research sources such as business journals, magazines, and other media that report on these types of organizations.
The second part of the audit should describe in as much detail as possible what you consider to be the major resources and competencies of the organization. Use a SWOT chart to categorize the most relevant points (these may be more narrative than quantitatively analytical). Try to identify assets that appear to be unique to the organization and that give it some competitive advantage over its rivals. Also make a note of areas in which the organization is weak, which might be the target of strategic attacks by those rivals.
Now consider the activities that are described in the value chain for this organization. Which do you believe cost the most to perform? What factors do you base your opinion on? What do you believe can be done to reduce the costs, thereby giving this organization a competitive edge?
Finally, consider that this organization would like to set up a satellite office in a nearby city. In this satellite office they will make changes to their processes to address their strengths, weaknesses, opportunities and threats. Develop a mission statement for this satellite office. Create four strategic goals for this office, one for each SWOT category.
Use the HCM401 - LASA2 Template, to organize your work.
Make sure your final paper (6-8 pages) follows APA guidelines with a title page, reference page (include at least three scholarly references), in text citations, double space throughout, indent paragraphs 5 spaces and use section headers to differentiate the sections.
(Moseley III, George B. . Managing Health Care Business Strategy. Jones & Bartlett Publishers, May 2008. pp. 48 - 51).
How the history of organizational psychology has helped
: Evaluate how the history of organizational psychology has helped to shape important contemporary psychological theories and issues of leadership and leading organizations.
|
Would you be willing to pay extra for a project
: Given the same NPV, would you be willing to pay extra for a project that bears fruit during your lifetime rather than after you are gone?
|
Find the direct solar radiation arriving on earth surface
: What will be the equilibrium carrier concentration of majority and minority charge carriers if some doped Si with 1012 Boron/cm3? What will be the carrier concentration of minority and majority charge carriers if silicon is doped with 1016 /cm3 ? ..
|
What is the difference between ytm and irr
: What is the difference between YTM and IRR? - What is the YTM of a standard 6% level semiannual 10-year coupon bond that sells for its principal amount today.
|
Develop a mission statement for the satellite office
: In satellite office they will make changes to their processes to address their strengths, weaknesses, opportunities and threats. Develop a mission statement for this satellite office. Create four strategic goals for this office, one for each SWO..
|
Recommendation of a risk management strategy
: The recommendation of a risk management strategy for the next 2-3 years outlining key future risk elements, incentives to hedge particular aspects of the company's operations or otherwise, potential hedging mechanisms and positions if required, as..
|
What policy responses might the uk government consider
: How serious are these projected reductions in oil output for the UK balance of payments?
|
Describe methods for monitoring
: In a paper, discuss the implications related to risk with patients, staff, and organizations with a focus on mitigating such risk through management practices. Include the following: Describe methods for monitoring and analyzing identified potentia..
|
Write a report providing the cfo with your recommendation
: Write a report providing the CFO with your recommendation whether Zeta should set up the plant to produce the Spenza's and support your recommendation by in-depth analysis in Excel.
|