Differentiate between strategic management, strategic thinking, strategic planning, and managing strategic momentum.

Explain the problem from a closed-system perspective. Then describe how the problem could be addressed by viewing it from an open-system perspective and explain how this modification would help you and others improve health care outcomes.Read a selection of your colleagues responses
August 17, 2020
DEVELOPING A BALANCED SCORECARDHOW DOES A GROUP GAUGE WHETHER THE STRATEGIC CHANGES THEY IMPLEMENT ARE CREATING SOUND BUSINESS RESULTS?
August 17, 2020

Differentiate between strategic management, strategic thinking, strategic planning, and managing strategic momentum.

Assignment 1: Conducting an Environmental
Analysis
Due Week 4 and worth 300 points

For all assignments assume that you are the administrator of a
fictitious organization of your choice. The organization can be any type
of health care organization such as a hospital, nursing home, rehabilitation
center, clinic, etc. As the administrator, you are faced with the challenges of
declining reimbursements from insurance providers and increasing demands for
patient services due to dramatic changes in the external environment. Such
changes include those imposed by the Patient Protection and Affordable Care
Act.
Your first step in evaluating the position of your organization
will be conducting an environmental analysis. The purpose of this is to
determine your organizations ability to continue to provide quality care and
remain financially solvent in the face of these challenges.

Write a six to eight (6-8) page paper in which you:
1.
Determine two (2) specific
forces in the external environment that will have the most impact on your
organization. Provide a rationale for your decision.
2.
Determine two (2) specific
internal factors that the organizations leaders need to consider in preparing
for the future of health care and the future of the organization. Provide a
rationale for your decision.
3.
Discuss the impact of both the
identified internal and external forces on the organizations ability to
develop a competitive strategy.
4.
Recommend one (1) strategy that
involves the organizations managers in implementing and maintaining the
momentum of the strategic plan.
5.
Use at least three (3) quality
academic resources in this assignment.Note: Wikipedia and other
Websites to not qualify as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using
Times New Roman font (size 12), with one-inch margins on all sides; citations
and references must follow APA or school-specific format. Check with your
professor for any additional instructions.

Include a cover page containing
the title of the assignment, the students name, the professors name, the
course title, and the date. The cover page and the reference page are not
included in the required assignment page length.

The specific course learning outcomes associated with this
assignment are:

Differentiate between strategic
management, strategic thinking, strategic planning, and managing strategic
momentum.

Analyze the significance of the
external environments impact on health care organizations.

Examine the purpose and
importance of service area competitor analysis.

Examine the role of internal
environmental analysis in identifying the basis for sustained competitive
advantage.

Use technology and information resources
to research issues in the strategic management of health care organizations.

Write clearly and concisely
about strategic management of health care organizations using proper writing
mechanics.

 
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