I. Background: Nature of Strategic Management Process (SMP) Note: Today’s priority is on health and wellness not treating disease. Steps in Strategic Management text Steps in Strategic Management-Classical Adopt goals and mission 1. Adopt vision, mission, goalsDefine measures of success 2. Define measurable objectivesData collection .. to measure results 3. Select strategies how toOpen sharing of performance data 4. Determine and defines tasksSet performance targets 5. Program evaluation decidedShare best practices 6. Budget finalizedPerformance improvement analysis 7. Evaluate/improve SMPShare best practicesLong range planning (at a minimum) Organizations need a 3 to 5-year long range plan (LRP)Managers & employees at all levels- need to be involved in developing the LRP.LRP must utilize quantitative: market/client, performance and other measures.Need to revise plans monthly or even more frequentlyRecommend using an Analytical approach with a sprinkle of emergent or intuitive reasoningManagement Approaches Theories X and YTeam approachStrategy decisions: Where done: CorporateDivisionalOrganizational (Functional)UnitII. Original Post In 3 paragraphs or less, research currents events and your own experience to provide examples of three of the factors outlined below that are impacting the way health care organizations do business. External Factors Examples Legislation, policies _______International forces/factors _______Domestic social and economic changes _______Growth of technology _______Changes in health care delivery systems _______
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