Question

In: Operations Management

Perform a SWOT Analysis on the Healthcare Administration career field.

Perform a SWOT Analysis on the Healthcare Administration career field.

Solutions

Expert Solution

Strength

· The main focus in this industry is to improve quality of the services and of personnel as well.

· Teams are created internally and their objective is to conduct research and analytics. A huge amount of money is spent on research in healthcare administration.

· There are high number of medical personnel which have external recognition as well.

· Equipment that are used and the faculty on board are modern and well equipped.

Weakness

· Technology and health care facilities in most cases is outdated

· Management training to the personnel is insufficient

· Funding is lacking and the resources for support programmes are insufficient.

· The outlet is usually at a poor location and hence not accessible by staff at ease

· Staff turnover is very high

opportunities

· Collaboration with various healthcare organizations with an aim to share knowledge

· Development of healthcare programs and initiatives for high amount of community engagement and outreach.

· Increase in the funding of analytics and research ,for both staff and technology

· Creating mentor programs for knowledge and information

Threats

· Insecurity in terms of economic and political

· Changes in policy and legislation leading to budget deficits

· Competition from new commers.

· Pressure in terms of the reduction of cost for meeting healthcare needs


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