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Chapter 5 - Strategic Planning
Transcript of Chapter 5 - Strategic Planning
HSCI 480 Learning Objectives
Describe strategic planning and the strategic planning process
Discuss the importance of strategic planning as a dynamic process
Identify healthcare market powers and trends, and understand their potential impact on health services
Conduct a SWOT analysis
Identify methods to monitor and control strategy execution
Identify the role of the manager in the strategic planning process How to monitor and control strategy execution
Dashboards/Scorecards Strategic Planning
Strategic Planning Process Role of a manager in the
strategic planning process Understand types of information and Intelligence gathered
Continually monitor their environment
Assess trends or events
Understand local market Importance of Strategic Planning SWOT Strengths Weaknesses Opportunities Threats Market
Assessment Five Forces Model Power of the Healthcare Workforce Power of Consumer and Payers Innovations in Technology Regulatory Environment Competitive Rivalry Mission
Assessment Organizational Volume Forecast
Financial Condition Strategic Performance
Organizational Core Capabilities Strategy identification and Selection Scenario Development Outcomes Strategy Tactical Plans Rollout and Implementation Plan Communication Supporting Plans Review Concepts