Healthcare Analysis Essay

1. Differentiate among the terms strategicalal management,strategic thinking, strategic planning, and managing strategic momentum. Which of these activities is most important in a healthc ar disposal and why? ANSstrategic management consists of the analysis, decisions, and actions an memorial tablet undertakes in order to shape and sustain competitive advantages. strategic management is concerned with the analysis of strategic goals (vision, mission, and strategic objectives) along with the analysis of the internal and external environment of the governing. Next, leaders must make strategic decisions.These decisions, broadly speaking, address two prefatory questions What industries should we compete in?How should we compete in those industries? These questions also often look at an organizations domestic as well as its planetary operations. And last argon the actions that must be taken. Decisions are of little use, of course, unless they are acted on. Firms must take the re quired actions to implement their strategies. This requires leaders to allocate the necessary resources.Strategic thinking is realiseed a key proscribed thought process of strategic management framework is defined as the generation and application of quaint business insights and opportunities, to create competitive advantage for a firm or organisation. It fuel be done individually, as well as collaboratively among key people who can positively alter an organisations future. grouping strategic thinking create much value by enable a proactive and creative dialogue, where we gain other peoples perspectives on critical and complex issues which is an important benefit in instantlys highly competitive and fast-changing business landscape.Strategic planning is an organizations process of defining its outline, or direction, and making decisions on allocating its resources to betroth this strategy. In order to determine the direction of the organization, it is necessary to understa nd its menses position and the possible avenues by which it can pursue a finical course of action. Generally, strategic planning deals with several key questions like1 What do we do?2 For whom do we do it?3 How do we excel?Strategic momentum is the tendency to maintain or hit the ceiling the emphasis and direction of prior strategic actions in current strategic behaviour. The most important role as leader of an organization is strategy. The outflank way to sustain the momentum is by following the guidelines of the Essentials for Successfully Implementing the Strategic Plan and to continue to deploy the small group of people who partake the vision and are engaged in helping you implement it. agree to me strategic management is the most important activity in a health tuition organization, because a well-formulated strategy can bring various benefits to the organization in present as well as in future. 1 Strategic management takes into account the future and anticipates for it.2 A strategy is made on rational and logical manner, thus its efficiency and its winner are ensured. 3 Strategic management reduces frustration because it has been planned in such a way that it follows a procedure. 4 It brings growth in the organization because it seeks opportunities. 5 With strategic management organizations can avoid helter & skelter and they can work directionally. 6 Strategic management also adds to the reputation of the organization because of consistency that results from organizations success.7 Often organizations draw to a close because of inadequacy of proper strategy to run it. With strategic management organizations can look for the events in future and thats why they can remain inactive in the market place. 8 Strategic management looks at the threats present in the external environment and thus organizations can either work to mature rid of them or else neutralizes the threats in such a way that they constitute an opportunity for their success. 9 St rategic management focuses on proactive come out which enables organization to grasp every opportunity that is available in the market.2. List, describe, differentiate, and provide examples of the different aims of strategic management. ANS1 Corporate level2 Divisional level3 Organizational level4 Unit levelCorporate level strategies addresses questions like,what business should we be in.? For example if we take Trinity, what business should we do..? Health care, including hospitals, long term care units, hospices etc. The other question would be what other options should Trinity consider like mental health centers.Divisional level strategies are more focused and provide direction for a single business type. For slip Trinity Health, strategies must be developed for separately for hospital division, out patient units, hospice care etc.. how many hospitals are optional .. or what markets are available for new chain of hospitals. Organizational level Strategies includes strategies m ade at an individual organizational level like each hospital in Trinitys hospital division may develop their take in strategies depending upon the present market conditions.Unit level Strategies support organizational strategies through accomplishing various objectives. Unit operational strategies may be developed in spite of appearance departments of an organizations like a hospital with different units, example Medicine department, military operation unit or paediatric unit etc