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 RequirementsPlease be sure that you complete and submit both parts of this assessment.Part 1: Executive SummaryDraft 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 PresentationPrepare 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 RequirementsFor 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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MBA-FP6271
u06a1 – Strategic Management Plan Implementation
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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.
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.
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. 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.
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.
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