Include a brief description of the organization and industry. How large is this organization, in terms of employees? Revenues? Market share? Is the company international, local, where does it operate? Hit the factual highlights here. Sources are to be cited and included at the end in a Works Cited section.
Here you are only describing the business strategy; if multiple, identify that but focus on the one that affects the job you selected for this projected. More on that is in the job section, coming up.
DESCRIPTION OF THE ORGANIZATION’S COMPETITIVE ADVANTAGE (less than 1 page)
Use Table 2-1 in chapter 2 to guide your content here.
he class is HRM321 employment techniques
the topic company is OSF HealthCare, the work title is nurse
Answer preview
With over 145 locations and two nursing colleges, OSF healthcare diversification in Illinois and Michigan confers a competitive advantage based on location (OSF Healthcare, 2020). This resource allows the organization to leverage economies of scale in its integrated healthcare network through hospice and home services. The size and location confer the advantage in providing managed care services and cost efficiencies since it applies a vertical supply chain model. This resource also strengthens the organization’s bargaining power with cost payers. That is, it has higher bargaining power with insurance companies on the payer mix. This improves revenues, market share, and patients’ outcomes because it can afford skilled labor to provide extensive care. In other words, operating in the two states and providing integrated care confers a competitive advantage by allowing access and use of skilled labor and adopting new technologies to improve service delivery. Thus, the extended coverage ensures a competitive advantage by improving operations and ensuring cost efficiency, promoting high patient outcomes.
