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Please respond to classmates’ post ONLY to the question below.
Please respond to the following:
Analyze the steps involved in building a strategic plan for a health care organization. Discuss which step would be most difficult to implement.
Propose three ways in which a health care organization’s board of directors can influence a strategic plan for a health care organization.
Provide specific examples to support your rationale from readings throughout your program or from peer-reviewed journal articles.
Be sure to respond to at least one of your classmates’ posts.
Classmate Post (Lasonya Able) (Give your opinion)
There is a goal for the organization board for strategic planning it is critical for healthcare organization to succeed. Having these goals will help the lays of path to help motivate the staff at every level of succeed. Here are some of the steps to follow in healthcare strategic plan are:
Understand the decision logic of strategy development: here, the organization’s mission statement guides the decision to follow a certain roadmap to achieve an objective.
Understand the role of directional strategies: these are an integral part of strategy formulation as they set the boundaries and organization direction by issuing a sensible and pragmatic planning framework for the organization
Understand adaptive strategy alternatives: these offer an organization the basic methods to achieve its vision by adapting to the environment.
Understand market entry and exit strategy alternatives: entering a new market requires resources if the adaptive strategy scope is expansion. While exiting the market may be a partial withdrawal or a complete exit.
Understand competitive strategy alternative: competitive strategy is independent of adaptive market entry and exit strategies that form a competitive edge in the market
Understand the combination of strategies: no single strategy is universally sufficient to achieve the goals of different products, hence the need to use different strategies simultaneously
If I have to say the most important part of having strategic plan the main step is building that strategic plan for a healthcare organization is the market entry and exit stage. With this you have to make sure that it is planned out right without any issues.
As it comes to a strategic plan with the boards has influence on what the strategic plans will be for healthcare organization as it come to healthcare organization is to make sure that achieve its objectives, the board of directors to have a propose with the board of directors: They will make sure that the following are done and with them overseeing it.
They identify the organization’s priorities.
They establish goals and objectives.
They source capital and allocate capital to support putting life into the set goals.
Reference:
Ginter, Peter M., W. Jack Duncan, and Linda E. Swayne. The strategic management of health care organizations. John Wiley & Sons, 2018, pp.205-255.
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