Answer To: Assignment ContentImagine the following: Now that you have completed your review of the Stevens...
Dr Insiyah R. answered on Jan 10 2023
Strategic Plan Presentation
Presenter name
Agenda
Provide an overview of the market.
State the mission statement and vision statement for Stevens District Hospital.Provide the SWOT analysis.
Summarize the strategic goals created for Stevens District Hospital, including the rationale for the goals.
Describe itemized resources that may be needed.
Explain how the strategic plan provides focus and direction for Stevens District Hospital.
Introduction
I was required to perform a SWOT analysis as the hospital's healthcare administrator to identify the institution's internal weaknesses and strengths. This will also aid in "doing a SWOT analysis", which will assist identify external possibilities that can develop the business and threats that must be overcome. When a SWOT analysis is done, several factors can be discovered that will benefit the hospital (Kamada et al,2022).
SWOT evaluation A SWOT analysis lists and analyses an organization's internal and external features. Strengths, Weaknesses, Opportunities, and Threats are the four components of the SWOT analysis (Kamada et al,2022). With the help of this analysis, we could take into account the opinions of our stakeholders and request proposals for specific areas where the strategic planning will be put into action that we might not have previously thought of. Testing our strategy in certain areas can show whether it is in line with the goals that were established.
Overview of the market
The healthcare sector is confronted with difficulties due to a lack of qualified employees and the requirement for more funding.
Productivity with constrained resources, rivalry challenges from new suppliers vying for market share,
A growing customer demand for personalised or customised products that produce better results (GURL,2017).
Their medical services, Due to these difficulties, corporate procedures are becoming increasingly important.
As a result, hospitals must find new business models, increase customer satisfaction incentives, and improve the alignment of revenues with values (Sweeney,2019).
To assist the organisation in concentrating on the internal and external elements of the organization's environment, Stevens District Hospital conducted a SWOT analysis.
There are six reasons to undertake a SWOT analysis, according to Indeed Career Guide (2021): to "maximise your strengths, reduce your limitations, take advantage of opportunities, detect possible threats, conduct meetings that are far more productive, and analyse team members." Internal strengths include devoted staff, modernised technology systems that deliver innovative, high-quality care, facilities that have been upgraded to enhance the quality of care, and a low malpractice claim rate (Sweeney,2019).
SWOT analysis
Strengths, Weaknesses, Opportunities, and Threats, or SWOT, are the four...