In: Nursing
One example as to how the SWOT analysis can be used to strengthen the strategy and ultimately success of a healthcare organization?
SWOT analysis can be used to understand the strength, weaknesses, opportunities, and threats from the external.
This helps to plan and strengthen the facilities for the health care organization by understanding well about their organization's strengths, weaknesses, opportunities, and threats.
Let's take one example to understand more
In a hospital,
the strength of their organization are the good infrastructure, good technology, and enough staff to take care of the patients.
Weaknesses are New organization, lack of staff development program, financial problems due to lack of patient admission.
Opportunities include new investors, new technology, coordination with the government and cooperative insurance
Threads include increases in competition, changes in the insurance plan.
By identifying this, the organization will get ideas where they have to focus more to get success or improve its health care system. So in this hospital plan can be done to improve the weakness, get the opportunities, and prevent form the threads which is present by taking proper actions.