A strategic plan is designed to be used for 3 to 5 years or more. For your individual Strategic Plan project, you will write a strategic plan using the following outline. You may choose a health care organization you would like to focus on or develop a new health care business. Choose something you are passionate about and may implement in the future. It is recommended that if you choose to work with an existing organization, you add a new program or project to your plan. Suggestions for appropriate new projects include a new program or service for an existing organization, a new product line for an existing business, a new joint venture or acquisition, a new health care payer model for a state, or a new health care business.
This is a multi-week assignment that has five components:
- Part 1: The Organizational Structure (Week 2)
- Part 2: Environmental Analysis (Week 3)
- Part 3: Financial Planning (Week 4)
- Part 4: Implementation (Week 6)
- Part 5: Evaluation and control (Week 6)
Select a health care organization on which you would like to focus.
Research your chosen organization’s governing structure.
Write a 1,400- to 1,750-word report. Your report should:
- Identify the organization’s mission, vision, and key values.
- Analyze the framework of a strategic plan.
- Describe the strategic planning model your chosen organization uses.
- Evaluate the relationship between the strategic plan and your organization’s mission, vision, and values.
- Describe the organizational structure of your chosen organization.
- Identify the current key leaders in your chosen organization and describe their roles.
- Describe the change management model your chosen organization uses.
- Evaluate the impact of governance on implementation of strategic goals.
- Consider the role of the Board of Directors on formation of strategic goals.
- Analyze the organization’s major service delivery and support activities in its value chain. At a minimum, include the following:
- Target market
- Programs and services
- Clinical operations
- Organizational culture
- Strategic resources
- Analyze how the organization uses its value chain to implement its strategic plan.
Expert Solution Preview
Strategic planning is an essential component of any successful healthcare organization. As a medical professor, I have been assigned to design and evaluate a strategic plan assignment for college medical students. The assignment is focused on developing a strategic plan for a healthcare organization or business that the students are passionate about. In this answer, I will provide guidance on the first component of the assignment, which is the organizational structure.
The first step in developing a strategic plan for a healthcare organization is to understand its governing structure. The students should identify the healthcare organization they want to focus on and research its mission, vision, and key values. This information is crucial in developing a strategic plan that aligns with the organization’s overall goals and objectives.
Next, the students should analyze the framework of a strategic plan. They should describe the strategic planning model that the healthcare organization uses. It is important to understand the strategic planning process to develop a plan that is effective in achieving the organization’s goals.
The students should evaluate the relationship between the strategic plan and the healthcare organization’s mission, vision, and values. They should describe the organizational structure of the chosen healthcare organization and identify the current key leaders and their roles. Furthermore, the students should describe the change management model that the healthcare organization uses, which is essential in implementing the strategic plan.
The students should also analyze the impact of governance on the implementation of strategic goals. They should consider the role of the Board of Directors in the formation of strategic goals. This will help the students understand how the Board of Directors influences the organization’s strategic direction.
Finally, the students should analyze the healthcare organization’s major service delivery and support activities in its value chain. The students should include the location, target market, programs and services, clinical operations, marketing, billing, follow-up, organizational culture, and strategic resources in their analysis. The students should also analyze how the organization uses its value chain to implement its strategic plan.
In conclusion, developing a strategic plan for a healthcare organization requires a thorough understanding of its governing structure, strategic planning model, change management model, and Board of Directors. Analyzing the healthcare organization’s value chain will help the students understand how the organization delivers its products and services and how it aligns its resources to achieve its strategic goals.