Instructions: Please answer using your own words in a minimum of 350, maximum 500 words (2-3 paragraphs). PER QUESTION 6 in total. Referenced with two (3) peer-reviewed journal articles or qualified text publish within the past five years and follow APA Manual 6th or 7th editions scholarly writing guidelines. APA in-text Citation formatting is required. When writing replies, please provide your experiences, new ideas, add probing questions to engage readers and new literature on the topic to enhance the learning opportunity.
Questions:
1.1. Considering G’SOT
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
Consider your current or a former organization (preferably a healthcare related entity).Without naming the organization, describe how it approached its Goals, Strategies, Objectives, and Tactics. Were they focused? Commonly understood?Effective?
1.2. Governance
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
How has the societal What is the role of the governing board in developing a strategic plan? Does it vary by organization, industry, or organization structure? Does the board review and approve or actually develop the strategic plan?
1.3. Organizational Structure
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
Research the Sarbanes-Oxley Act of 2002 (Pub.L. 107–204, 116 Stat. 745, enacted July 30, 2002), Richard Scrushy, and HealthSouth. What responsibility does the board hold in monitoring organizational activities, collectively and individually?
1.5 Strategic Marketing
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
Identify an organization in healthcare. This can be a provider entity, a payor, a professional society, an advocacy group, or government agency. For the chosen entity, describe the role marketing plays as a part of its strategic plan implementation. Areas to consider include strategy, marketing, advertising, health, product, or service line promotion, tools, and measurement.
1.6. The Role of Ethics
Address ALL questions in part 1 in a minimum of 350, maximum 500 words
While some healthcare institutions operate in isolation (e.g., rural critical access hospitals), others reside in highly competitive environments. Relative advantage can be a powerful discriminator, because empty beds or open appointments equal missed revenue, which undermine the viability of the institution. What is the role of ethics in strategic planning, marketing, and communications? Link your posts to a specific ethical code, e.g., http://www.shsmd.org/aboutus/codeofethics.shtml.
Requirements: in a minimum of 350, maximum 500 words (2-3 paragraphs). PER QUESTION 6 |
Answer preview
Strategic planning refers to developing a roadmap intended to aid an organization move from its current position to the point where its owners would like to see it (Hoel, 2019). Normally such a plan is made up of a set of goals, objectives, and strategies to attain these goals and objectives. It also contains a mechanism to assess how well the organization is doing with respect to attaining its goals and objectives. CEOs are generally the ones who oversee the day-to-day running of the organization while governing boards exist separate from the daily hardships of managing the company. In line with this, boards of directors have to be involved in conceptualizing any growth and development plans (Hoel, 2019). Their involvement is critical since it mitigates against some of the adverse impacts of short-term thinking, which more often than not affects individuals responsible for the day-to-day running of organizations.
