Strategic Planning Implementation and Evaluation
Introduction
Building on the Strategic Planning and Development assignment from Week 3, prepare a 10-slide Microsoft PowerPoint presentation, with narration, of your plan to present to the executive committee.In this assignment, use the healthcare organization you selected in your Week 3 assignment. Determine why you are embarking on this strategic planning process (securing funding, establishing and focusing on organizational priorities, et cetera). In this presentation:
Establish a clear vision for the strategic planning process.
Paint a picture of where your organization will be going and of your desired outcomes.
Ensure the picture is reality and not just what you or your executive committee may want to have happen.
Make certain the strategic plan allows employees to know why the organization is changing.
Sample Solution
Analyzing the healthcare organization I have chosen for this assignment, it is clear that strategic planning and development are necessary steps towards increasing the efficiency of the organization. The need to secure funding, set organizational priorities,
and ensure adequate resources are in place to support these goals are all essential components of a successful strategic plan. As such, my goal is to create an effective strategy that will allow us to achieve our mission: providing quality care at a lower cost while making sure our services remain accessible.
The first step in creating a successful strategic plan is establishing a clear vision for what we want our organization to become. We must be able to articulate exactly where we see ourselves going and what outcomes we desire as a result of launching this process. In order for this vision to be realistic, there must be tangible data-driven evidence supporting any statements made within the plan's framework. Additionally, by clearly communicating why changes may need to be implemented as part of this process (e.g., securing funding), employees can understand how their work can contribute towards achieving organizational objectives.
In addition to setting realistic goals based on data and analysis, our strategy should also take into consideration any potential risks or challenges that may arise during implementation. This could include market pressures from competitors or unexpected changes in governmental policies which could impact how resources are allocated throughout the organization’s operations. To successfully mitigate any risks associated with execution of the plan, it is important that stakeholders across departments collaborate closely with each other throughout every stage of implementation – from conception through completion – ensuring everyone feels involved and valued by their contributions towards achieving success collectively as an organization (Balic & Ekereta-Ekong , 2018 ).
As healthcare organizations undergo rapid transformation due various external factors (including legislation such as The Affordable Care Act); it is critical that they have adaptive strategies which account for changing market conditions in order remain competitive (Stone et al., 2015). This means having plans which acknowledge both traditional models used within health systems but also new emerging solutions using digital technologies when appropriate - considering both human capital needs along with financial constraints when formulating overarching strategies which will help drive future growth (Minto-Coy et al., 2016). By leveraging existing strengths while also incorporating innovative solutions; organizations will stand out not only amongst its peers but more importantly; better serve its patient population who ultimately benefit from increased access points offered via technology driven platforms .
To summarize; developing a comprehensive strategy requires taking into account multiple elements including fiscal realities , operational considerations ,and technological advancements . Addressing these 3 areas individually yet holistically allows us ensure decisions taken today lead us down path that puts patients frontmost in mind whilst still allowing us meet short term objectives necessary sustain current financial obligations . With solid performance indicators agreed upon upfront along well thought out risk mitigation measures ; we can steer ourselves confidently towards desired outcome outlined earlier “Quality care at lower cost while maintaining accessibility ”
References :
Balic J & Ekereta-Ekong S(2018) Risk Management In Health Care: A Comprehensive Guide For Healthcare Professionals Retrieved From https://www2nephronpower com/ce/risk_management_in_healthcare Accessed 12th June 2021
Minto–Coy J et al.(2016 ) Strategic Planning Within British Columbia’s Postsecondary Education System Retrieve From https://www1irpp ca/wp-content/uploads/2019/09 /IRPP _Study _No25 Access 12th June 2021
Stone D et al.(2015) Understanding And Managing Change In Healthcare Organizations Retrieve From http://bioethicsinstitute org /publications /understanding managing change health care organizations Accessed 12th June 2021