What are the major components of strategic management

Reference no: EM131462633

Strategic Planning Report

The leader of a local health care organization, Kendra Klein, has noticed other health care organizations successfully incorporating strategic management practices. Kendra is considering using strategic management for her health care organization. She has hired you to research what the strategic planning development and implementation process is and to address why it helps organizations be successful.

Write a 700- to 1,050-word report of your findings in which you answer the following questions:

What are the major components of strategic management, and why is each component needed for success?
Why are an organization's mission and values important to strategy formulation?
What benefits does a strategic management process bring to a health care organization?
How does strategic management affect organizational decision making and financial performance?
How does strategic management affect the way an organization responds to its environment?

Format your report according to APA guidelines.

Reference no: EM131462633

Questions Cloud

How can producer justify competing with its own middlemen : Many producers sell to consumers both directly and through middlemen. How can such a producer justify competing with its own middlemen?

The legislative branch enacts legislation : Our job as IT security professionals is to ensure an ethical approach to the safety and integrity of the data. We have been given laws to guide us on the path of ethics.

Most common sexually transmitted diseases : Compare 5 of the most common sexually transmitted diseases (STDs). Include causative agent, signs and symptoms and treatment.

Discuss specific changes in supply and demand : Discuss specific changes in supply and demand within the markets and/or industries you chose to analyze. Examine prior government policies and legislation.

What are the major components of strategic management : What are the major components of strategic management, and why is each component needed for success

Hydroponic production a worthwhile endeavor : Is hydroponic production a worthwhile endeavor for a new grower? Please be thorough with your reasoning and include references.

Survive with one remaining kidney : The scenario found in the original question would result in not one, but two people with one functioning kidney. As we know, a person can survive.

What role does strategic management play : What role does strategic management play in health care institutions? Why is that role important in today's health care environment

Under what conditions will costs increase : If a middleman is eliminated from a marketing channel, under what conditions will costs decrease? Under what conditions will costs increase?

User Account

All Pages