Discussion 3 – Review Sheet / General and Health Care Environment33 unread replies.33 replies.Students should read and be familiar with Chapters 1-3 of the text. I. Review Sheet Chapter 1 Introduction to Strategic Management Strategic Management functions: PlanningOrganizingStaffingDirectingControllingChapter 2 External/Situational Analysis External or Situational Analysis key to prioritize, collect and analyze data regarding relevant issues related to the following factors: TechnologyEconomicSocialLegislativeCompetitiveManagers need to focus not on the What so much as the How. To forecast use the following: Existing data (extrapolate)Expert opinionNominal group techniques, brainstorming, focus GroupsDialectic Inquiry (from the book)Stakeholder analysisPreparing a Business/Strategic Plan: (1) starts with a situational analysis (2) organizational response to a need Note: The strategic management plan needs to cover the next for 3-5 years Plan Components Length: 2-3 Pages VisionMissionGoalsObjectivesStrategiesTasks/timelineProgram evaluationBudgetAppendicesOther terms and concepts: What is contingency planning? The what if planSystems approach considers all major internal and external factorsControl function regulates, guides and/or direct. Key utilize measurable outcomesMajor health care organizations include: companies (hospitals, insurance, etc.) nonprofits, public agenciesOrganizational structures: functional, divisional, matrix. (book defines as corporate, divisional, unit (functional)Strategies by level not importantChapter 3: Competitor Analysis Medical tourism widespread, huge, worldwide Organization Stakeholders: EmployeesStockholdersCommunityCustomersForms of Competition: Pure competitionMonopolistic CompetitionOligopolyMonopolyHow to evaluate your competition. Evaluate by: ProductDistributionPromotionPricingII. Orginal Post For this week’s discussion: As an individual or your assigned group submit your summary of the general and health care environment the general economic environment and specific health care environment (national and local) for your organization in no more than 3 paragraphs. Note, this is an aspect of your Final Group Project.
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