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Healthcare Strategic Management Plan Presentation

Healthcare Strategic Management Plan Presentation

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This is a revision of errors. Will need to probably add one more slide/paragraph. Please update both executive summary and powerpoint as need fit . Please see attached file for notes of areas that need to be corrected.

Assessment Requirements

Please be sure that you complete and submit both parts of this assessment.

Part 1: Executive Summary

Draft a 1–2 page executive summary in which you:

  • Evaluate the role of an effective planning process in the strategic management of the health care organization.
    • Briefly explain the planning process and key roles and analyze the planning strategies used in the past in relation to their successes and failures.
  • Apply strategic management principles to analyze the mission, vision, core values, goals, and governance of the health care organization.
    • Briefly explain the connection between the mission, vision, core values, goals, and governance of the organization and the strategic planning process used.
  • Analyze the effect of internal and external environments on the strategic planning process.
    • Briefly explain how the internal and external factors affect both the operational and financial aspects of strategic planning.
  • Recommend strategies to improve the operational and financial components of the health care organization.

Be sure you include a title page and reference page (for any resources cited in the summary) even though these would all typically be included in the longer report that you submitted for Assessment 5.

Please note: You must submit both parts of this assessment at the same time. If you submit Part 1 without also attaching Part 2, you will not be able to submit Part 2 later.

Part 2: PowerPoint Presentation

Prepare a PowerPoint presentation that explains the implementation of your strategic management plan. Include the following:

  • Define the primary problem that is being addressed.
  • Provide your ultimate recommendation to address the problem. This should be based on and supported by the analyses you conducted in previous assessments.
  • Explain the resources needed to implement your recommendation.
    • Human resources.
    • IT resources.
    • Other resources.
  • Explain the costs associated with implementing your recommendation. (Note: This does not require providing dollar estimates; this is only an explanation of the types of costs that would be associated with implementing your strategic plan.)
    • Will the plan require additional staff and training?
    • Will the plan require new or additional software or hardware and training?
  • Analyze the benefits of implementing your plan in terms of:
    • Quality health care service delivery.
    • Quality of work environment for staff.
    • Addressing changes in the external environment over the next five years.
    • Addressing the needs of stakeholders.
  • A conclusion that asks for stakeholder buy-in.

Keep your intended audience in mind as you prepare your presentation. Visual appeal should be considered, as should the items you include on each slide. Remember to use the speaker notes to expand your talking points and provide any references. You should be sure to include a title slide that accurately describes your presentation, as well as a reference slide for any resources cited.

Additional Requirements

For the executive summary:

  • Length: 1–2 pages, not including title page and reference page.
  • References: A minimum of three professional resources.
  • Format: Use APA format for all in-text citations and references. Include a title page and reference page.
  • Font and font size: Times New Roman, 12 point.

For the PowerPoint presentation:

  • Length: At least eight slides, but no more than 15 slides.
  • References: A minimum of 10 professional resources.
  • Format: Use APA format for all in-text citations and references. Include a title slide and reference slide.
  • Font and font size: You may use any font you wish for the PowerPoint; just be sure it can be easily read by your audience.

 

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Text MBA-FP6271 u06a1 – Strategic Management Plan Implementation Text Learner: Francesca , Wilder OVERALL COMMENTS Hi Francesca, Text Feedback on where there are gaps in your arguments and how to improve are provided below. Please highlight all changes you wish me to evaluate in your revision. Good luck, Dr. Don RUBRICS CRITERIA 1 (20%) Evaluate the role of an effective planning process in the strategic management of a health care organization. COMPETENCY Evaluate the role of an effective planning process in the strategic management of health care organizations.
NON_PERFORMANCE: Does not evaluate the role of an effective planning process in the strategic management of a health care organization. BASIC: Explains the role of an effective planning process in the strategic management of a health care organization. PROFICIENT: Evaluates the role of an effective planning process in the strategic management of a health care organization. DISTINGUISHED: Evaluates the role of an effective planning process in the strategic management of a health care organization, and shows the correlation between effective planning and a successful strategy. Healthcare Strategic Management Plan Presentation
Comments: Solid job evaluating the importance of strategic planning to the effective operations of the health care organization CRITERIA 2 (16%) Apply strategic management principles to analyze the mission, vision, core values, goals, and governance of the health care organization. COMPETENCY Apply strategic management principles to analyze the mission, vision, core values, goals, and governance of health care organizations. NON_PERFORMANCE: Does not apply strategic management principles to analyze the mission, vision, core values, goals, and governance of the health care organization. BASIC: Describes the mission, vision, core values, goals, and governance of the health care organization, but does not apply strategic management principles to do so. PROFICIENT: Applies strategic management principles to analyze the mission, vision, core values, goals, and governance of the health care organization. DISTINGUISHED: Applies strategic management principles to analyze the mission, vision, core values, goals, and governance of the health care organization, and shows a clear alignment between the strategic planning process and the organizational environment. Comments: To improve you need to discuss specifics of the strategic plan and how it relates to the vision and mission of the organization. How do the initiatives the organization is going to pursue that were analyzed and discussed in the strategic plan align with the mission and vision of the organization? CRITERIA 3 (16%) Analyze the effect of internal and external environments on the strategic planning process. COMPETENCY Analyze the effect of internal and external environments on the strategic planning process within health care organizations. NON_PERFORMANCE: Does not analyze the effect of internal and external environments on the strategic planning process. BASIC: Describes the internal and external environments. PROFICIENT: Analyzes the effect of internal and external environments on the strategic planning process. DISTINGUISHED: Analyzes the effect of internal and external environments on the operational and financial aspects of the strategic planning process. Healthcare Strategic Management Plan Presentation
Comments: To improve discuss how one internal and two external forces can impact the organization CRITERIA 4 (16%) Recommend strategies to improve the operational and financial components of the health care organization. COMPETENCY Recommend evidence-based strategies to improve the operational and financial components of a health care organization. NON_PERFORMANCE: Does not recommend strategies to improve the operational and financial components of the health care organization. BASIC: Identifies strategies to improve the operational and financial components of the health care organization. PROFICIENT: Recommends strategies to improve the operational and financial components of the health care organization. DISTINGUISHED: Recommends evidence-based strategies to improve the operational and financial components of the health care organization, and shows how the strategies align with the mission, vision, values, and goals of the organization. Comments: To improve provide a substantive discussion on evidenced based strategies that will improve operation and financial performance of the organization and demonstrate how these strategies align with mission, vision and values of organization CRITERIA 5 (16%) Develop a presentation that addresses the resources, costs, and benefits of implementing a proposed strategic management plan. COMPETENCY Recommend evidence-based strategies to improve the operational and financial components of a health care organization. NON_PERFORMANCE: Does not develop a presentation that addresses the resources, costs, and benefits of implementing a proposed strategic management plan. BASIC: Develops a presentation that lists the resources, costs, and benefits of implementing a proposed strategic management plan, but the presentation is incomplete. PROFICIENT: Develops a presentation that addresses the resources, costs, and benefits of implementing a proposed strategic management plan. DISTINGUISHED: Develops a presentation that addresses the resources, costs, and benefits of implementing a proposed strategic management plan and makes a strong argument for stakeholder buy-in. Comments: Stated initiative was to be competitive in recruiting and retaining staff. Strategies discussed do not describe how they relate to this initiative or are not relevant. CRITERIA 6 (16%) Write content clearly and logically with correct use of grammar, punctuation, and mechanics. COMPETENCY Communicate in a manner that is professional and consistent with expectations for business professionals.
NON_PERFORMANCE: Does not write content clearly, logically, or with correct use of grammar, punctuation, and mechanics. BASIC: Writes with errors in clarity, logic, grammar, punctuation, and/or mechanics. PROFICIENT: Writes content clearly and logically with correct use of grammar, punctuation, and mechanics. DISTINGUISHED: Writes clearly and logically with correct use of spelling, grammar, punctuation, and mechanics; uses relevant evidence to support a central idea. Comments: Writing is clear and professional, no issues with grammar, spelling or structure. Healthcare Strategic Management Plan Presentation
Power-Point presentation provides professional demonstration of key concepts. MBA-FP6271 Primary Problem ➢The major problem that is being addressed is the issue is competition which is an external factor. Primary Problem ➢Competition leads to employee turnover where they promise the workers improved employment terms. Recommendation ➢The company administration should be able to forestall and deal with both internal and external environment in relation to operational and financial strategic planning. Requirements ✓There are various resources required for the implantation of financial as well as operational strategic planning. Human resources ➢The healthcare institution should hire the best human resource management to achieve its goals to completion. ➢These include hiring qualified managers, physicians, nurses and doctors among other workers. IT resources ➢The company should use the most recent technology in running its activities. ➢For instance, healthcare organization can employ the latest machines to scan cancer growth for its patient to ensure a competitive advantage in the market. Other resources ➢A healthcare institution should utilize its resources like energy, correct channels of communication as well as time in an appropriate manner to achieve its strategic goal. Implementation Cost ✓Considering the case of St. Catherine’s hospital, the financial position of the institution shows that the company has potential to hire additional workforce to foster its service delivery quality.
✓ The organization can also cater for additional training of the employees. Additional hardware for Plan ➢Financial report displays the potential of the institution to acquire modern equipment for better services delivery. Quality healthcare services ➢When modern equipment are acquired, the hospital are in a position to render appropriate health care services to its clients. Quality of work Environment ➢ Better services delivery will promote the performance and sustainability will be endorsed by minimizing the number of hours of attending to patients. ➢The employees will be performing large quality work with less strain. External Environment  Addressing the changes in the external environment over the next five years will benefit the organization by enabling; ✓ Handle the issue of employee turnover ✓ Foster its competitive advantage Benefits of Addressing the needs of Stakeholders  Addressing the needs of the stakeholders will help in implementation of the plan of the organization. Healthcare Strategic Management Plan Presentation
 Stakeholders will competitively work to bring the success of the organization. Conclusion The opinions of the stakeholders are invited in making the decisions of the organization to reach a better consensus for future prosperity. Bibliography  Bryson, J. M. (2018). Strategic planning for public and     nonprofit organizations: A guide to strengthening and sustaining organizational achievement. John Wiley & Sons. Carroll, A. B., & Buchholtz, A. K. (2016). Ethics and stakeholder management. Cincinnati: South-Western. Dent, E. B., & Goldberg, S. G. (2017). Challenging “resistance to change”. The Journal of applied behavioral science, 35(1), 25-41. Klein, S. M. (2016). A management communication strategy for change. Journal of Organizational Change Management, 9(2), 32-46. Mead, R. (2018). Cross-cultural management communication(p. 273). New York: Wiley. Running head: STRATEGIC MANAGEMENT PLAN 1 Strategic Management Plan MBA-FP6271 Executive summary STRATEGIC MANAGEMENT PLAN 2 Strategic planning is an entirely valid and useful tool for controlling all kinds of organizations including organizations like healthcare. Through strategic planning, a healthcare care organization gets the sense of direction as well as outlining its measurable goals. An effective planning like the role of decision making initiated by stakeholders in an organization leads to useful day-to-day decisions along with an evaluated progress hence prompting the success of the strategy. On the other hand, when the strategic planning is not integrated into the daily activities of the organization, there is likelihood for its failure for instance the external factors like competition. Failure is a clear indication of poor understanding of planning concepts and steps as well as the inability to address the challenges which results to poor or no implementation of the strategy (Dent & Goldberg, 2017).
Strategic management principles help the healthcare organizations with a variety of policies, best practices as well as strategic management. By employing the principle of expediency, a healthcare organization is in a position to construct a system of goal with the values that have been approved by stakeholders and administration hence generating the vision and mission of the organization (Klein, 2016). The result is effective action together with respect for ethics. Integrating mission, vision, goals, core values, governance with the strategic planning of a healthcare organization leads to better results, strong market position and faster development. For any company to prosper, the administration of the organization should be able to forestall and deal with external and internal factors in relation to financial and operational strategic planning. Each business has a specific culture. The culture of an organization affects the ability of an organization to respond and compete positively to changes in the external environment. This translates that an organization will succeed or fail depending on its culture (Carroll & Buchholtz, 2016). The internal environment determines the movement of the organization both in response to STRATEGIC MANAGEMENT PLAN 3 its external factors and as a self-contained business entity. External environment are the factors that are affecting the company from the outside thus the company has cannot regulates them. Therefore mangers should make fitting changes to their marketing plan to ensure it is more suiting to the external environment (Bryson, 2018). There are several strategies which can be used to foster the financial and operational elements of the healthcare organization (Mead, 2018).
Like any other business, healthcare centers are operating at various levels. Form care of the patient to financing, healthcare systems should plan for the future in more than one way. Strategic planning fosters the productivity of the organization. Some of the strategies which can help in achieving financial and operational components include adjusting to appropriate company culture as well as the goals and objectives of the company. References STRATEGIC MANAGEMENT PLAN Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement. John Wiley & Sons. Carroll, A. B., & Buchholtz, A. K. (2016). Ethics and stakeholder management. Cincinnati: South-Western. Dent, E. B., & Goldberg, S. G. (2017). Challenging “resistance to change”. The Journal of applied behavioral science, 35(1), 25-41. Klein, S. M. (2016). A management communication strategy for change. Journal of Organizational Change Management, 9(2), 32-46. Mead, R. (2018). Cross-cultural management communication(p. 273). New York: Wiley. 4 … Healthcare Strategic Management Plan Presentation