Explain the purpose of environmental analysis

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Assignment

Complete an environmental scan for the health care organization you chose in Week Two. Use the SWOT Analysis table. Address the following items:

• Assess the organization's internal strengths and weaknesses.
• Analyze the industry for opportunities and threats.
• Perform a SWOT analysis. A SWOT analysis helps determine performance gaps. It includes the following components:

o Strengths
o Weaknesses
o Opportunities
o Threats

• Describe the organization's present and prospective customers.
• Evaluate the impact of the following factors:

o Consumer and social
o Competitive
o Technological
o Economic
o Legal and regulatory

Submit the SWOT analysis as a Microsoft Excel attachment.

Write a 1,400- to 1,750-word report in which you:

• Evaluate the significance and implications of an external environmental analysis in the development of a strategic plan. For your evaluation:

o Explain the purpose of environmental analysis.
o Describe possible implications of environmental analysis in the creation of your strategic plan.
o Analyze evolving external issues that can have an impact on the strategic plan.
o Evaluate benefits of competitive analysis as part of the strategic planning process.

• Based on your SWOT analysis, provide an assessment of your chosen organization in which you:

o Evaluate the organization's ability to accomplish its mission, goals, and objectives as set in previous strategic plans.
o Evaluate the organization's ability to respond to internal and external changes and challenges.

• Incorporate your SWOT analysis findings into clearly stated goals and objectives for a 3- to 5-year period, focusing on your strategic plan areas.

o You will have two to three goals for each year, with two to three measurable objectives for each goal.
o Goals may span several years.
o Outline your goals and objectives clearly and provide a narrative explanation for each of them.

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

Format your paper according to APA guidelines.

Reference no: EM131278092

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