Question

Find a scholarly article discussing strategic management in healthcare. cite accordingly.

Answer 1

*Strategic issues in health care:

- Trends, developments dilemmas, and events that affect an organization and its position within the environment.

- Often they are ambiguous and require an interpretation.

*Strategic Planning:

- It is the periodic process of developing a set of steps for an organization to accomplish its mission and vision using strategic thinking.

*Strategic Thinking Map:

- Developing Strategic thinking Map- Serves as a general model for health care strategic managers to illustrate the inter- relationships and organizes the major components of stategic issues.

*Strategic management in health care:

- Understand the nature and implications of external change, the ability to develop effective strategies that account for change, and the will as well as the ability to actively manage the momentum of the organization. These activities are collectively referred to as "strategic management."
- Strategic management is fundamental in leading organizations in dynamic environments.

1) Organizational-level Strategy--

- The organizational level, in turn, provides the means for accomplishing the ends of the divisional level.
- It is concern when one organization competing within a specific well-defined service area involves accomplishing specific objectives, facilitates decision making, evaluates strategic performance and new periodic strategic planning.

2) Analytical/Rational Approach--

- Rely on the development of a logical sequence of steps or processes i.e linear thinking.

3) Corporate-Level Strategy--

- Corporate-level strategies address the question, "What business(es) should we be in?" Such strategies consider multiple, sometimes unrelated, markets and typically are based on return on investment, market share or potential market share, and system integration.

4) Directional Strategies--

- Are the result of considerable thought and analysis by top management and indicate "what the organization wants to do." Together, these forces are the essential input to strategy formulation.

5) Divisional-Level Strategies--

- Finally, the divisional level is the means to the ends established at the corporate level.
- These are more focused and provide direction for a single business type.

- Often concerned with positioning the division to compete.

6) Emergent Strategies--

- Rely on intuitive thinking, leadership, and learning and are viewed as being a part of managing.

7) Developing Health Policy--

- Health planning is the implementation of local, state, and federal health policy and affects a variety of health care organizations.

- Srategic management is organization specific.

*Stategic Implementation Plans:

- After evaluating key areas that create value for an organization - service delivery and support activities, accordingly Stategic Implementation Plans work out.