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Complete an Internet search of the term strategic planning. Browse one or two sites with information about strategic planning in relationship to health care information systems.
Explore several different perspectives on the strategic planning process. How do these approaches compare with the approach described in this chapter?
Complete an Internet search of the term strategic planning. Browse one or two sites with information about strategic planning in relationship to health care information systems.
Explore several different perspectives on the strategic planning process. How do these approaches compare with the approach described in this chapter?
Develop a 5-10 year strategic plan for achieving specific health care quality and safety improvements, based on the
analysis you completed in Assessment 1. Use either an AI approach or your SWOT analysis and a chosen strategic
planning model.
Introduction
Evaluation of strategic choices is important. The methods for selecting strategic alternatives help leaders organize
significant issues to support decision making. However, it is important that the techniques do not make the decision.
Rather, leaders should use the techniques to reveal the inherent situation and to organize their thought processes.
This assessment provides you with an opportunity to evaluate and apply some of the techniques for successful
strategy development and implementation.
Note: You will use your care setting environmental analysis as the basis for developing your strategic plan in this
assessment.
Preparation
The feedback you received on your care setting environmental analysis has been positive. Consequently, you have
been asked to select one of the potential improvement projects you noted in your analysis and create a full, 5–10-
year strategic plan to achieve the desired quality and safety improvement outcomes. You will develop your strategic
plan, using either an AI approach (addressing the design stage), or by building on your SWOT analysis and applying
a strategic planning model of your choice.
How you structure your plan should be based on whether you are taking an appreciative inquiry approach or using a
specific strategic planning model. Regardless of the approach you choose, the requester of the plan has asked that
you address the key points outlined below in the strategic plan requirements. In addition, your plan should be 5–8
pages in length.
Note: As you revise your writing, check out the resources listed on the Writing Center’s Writing Support page.
As you prepare to complete this assessment, you may want to think about other related issues to deepen your
understanding or broaden your viewpoint. You are encouraged to consider the questions below and discuss them
with a fellow learner, a work associate, an interested friend, or a member of your professional community. Note that
these questions are for your own development and exploration and do not need to be completed or submitted as
part of your assessment.
Strategic planning models aid in setting goals, establishing time frames, and forging a path toward achieving those
goals. Consider the strategic planning models you are familiar with:
Which model would you choose to create goals and outcomes that could address the area of concern you
identified in your Assessment 1 SWOT analysis?
Why is this model the best choice among alternatives?
What is Strategic Planning?
Following the completion of this week’s reading/content assignments, complete each of the following:
· Write a one-two sentence personal definition of strategic planning. Base your definition on what you have encountered in the reading/materials this week, as well as on what you have already learned about the topic.
· Discuss this statement by Roger L. Martin: “. . . good strategy is not the product of hours of careful research and modeling that lead to an inevitable and almost perfect conclusion. Instead, it’s the result of a simple and quite rough-and-ready process of thinking through what it would take to achieve what you want and then assessing whether it’s realistic to try. If executives adopt this definition, then maybe, just maybe, they can keep strategy where it should be: outside the comfort zone.”
· Finally, describe the differences between strategic planning and business planning.
Additionally, think about an organization with which you are currently involved or have previously been associated. Describe a period where the organization definitely could have engaged in strategic planning or a period where it definitely should not have engaged in strategic planning. What are some of the key factors associated with the organization’s situation that contribute to your thoughts on the matter? Could a different organization in a similar situation have engaged in effective strategic planning? Why, or why not?
Additionally, think about an organization with which you are currently involved or have previously been associated. Describe a period where the organization definitely could have engaged in strategic planning or a period where it definitely should not have engaged in strategic planning. What are some of the key factors associated with the organization’s situation that contribute to your thoughts on the matter? Could a different organization in a similar situation have engaged in effective strategic planning? Why, or why not?
Additionally, think about an organization with which you are currently involved or have previously been associated. Describe a period where the organization definitely could have engaged in strategic planning or a period where it definitely should not have engaged in strategic planning. What are some of the key factors associated with the organization’s situation that contribute to your thoughts on the matter? Could a different organization in a similar situation have engaged in effective strategic planning? Why, or why not?
Scenario
Healthy Dynamics is a corporate wellness company that provides a broad range of wellness services for clients seeking to improve the health and wellbeing of their employees. One of the clients of Healthy Dynamics is not happy with their employee wellness program participation rates. Healthy Dynamics is not meeting the contract requirements of 60% engagement, resulting in lost revenue for the company and no return on investment (ROI) for the client. According to the contractual agreement, Healthy Dynamics must pay back the client $200,000,000 if the annual participation percentage is not met. Currently the client’s wellness program includes financial incentives for the employees if they complete the following wellness offerings (health assessment, biometric screening, and telephonic health coaching). The Healthy Dynamics CEO is now foreseeing a need to offer other healthcare services. The CEO has asked the Account Manager to create a business plan focused on increasing revenue and identifying risk that might negatively impact their continued relationship with the client. The Account Manager has tasked you, the Strategic Planning Manager, with preparing an internal memo to present to the CEO and to communicate to your internal team what you are envisioning as a desired future focus area to increase the bottom line for Healthy Dynamics and improve current and future client satisfaction rates.
Instructions
Develop an internal memorandum that includes:
A detailed description defining the differences between business planning and strategic planning in healthcare.
Identify a specific focus area in the healthcare industry that could increase revenue.
Create key questions that you will need to address in the development of your strategic plan for your focus area.
Create a workflow analysis flow chart that includes:
A list of healthcare leadership team members (e.g., CEO, Strategic Planning Manager, Account Manager, Marketing Manager, Project Manager, Financial Analyst, etc.,)
A comprehensive analysis of each team member’s roles and responsibilities in the development of the strategic plan.
Case Study Overview:In conventional business and government megaprojects–such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems–the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it’s 95% complete, a nuclear reactor is of no use. On the basis of 30 years of research and consulting on megaprojects, the author has found two factors that play a critical role in determining success or failure: replicable modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones, and cautionary tales.Case Study Link
Use the following link to access the assigned cases: https://hbsp.harvard.edu/import/1010405
If you encounter any issues, please contact [email protected]
Using the megaproject case study answer the following:You have just read an awesome article about megaprojects and how to make them more modular. You are new to an organization managing their Portfolio Management Office (PMO) and have several projects that you feel meet the criteria of a “megaproject”. Given what you have learned from this article and your experience managing projects identify the following:
What would be your suggested approach to managing a megaproject?
What are the risks with your approach?
Part 2Using your knowledge of stakeholders, stakeholder management, and the Megaproject case studies linked above, answer the following:
Develop a stakeholder matrix for a mega project
Describe stakeholder issues that could arise when managing a megaproject.
Identify 2-3 stakeholders and their role within a megaproject.
Case Study Overview:In conventional business and government megaprojects–such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems–the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it’s 95% complete, a nuclear reactor is of no use. On the basis of 30 years of research and consulting on megaprojects, the author has found two factors that play a critical role in determining success or failure: replicable modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones, and cautionary tales.Case Study Link
Use the following link to access the assigned cases: https://hbsp.harvard.edu/import/1010405
If you encounter any issues, please contact [email protected]
Using the megaproject case study answer the following:You have just read an awesome article about megaprojects and how to make them more modular. You are new to an organization managing their Portfolio Management Office (PMO) and have several projects that you feel meet the criteria of a “megaproject”. Given what you have learned from this article and your experience managing projects identify the following:
What would be your suggested approach to managing a megaproject?
What are the risks with your approach?
Part 2Using your knowledge of stakeholders, stakeholder management, and the Megaproject case studies linked above, answer the following:
Develop a stakeholder matrix for a mega project
Describe stakeholder issues that could arise when managing a megaproject.
Identify 2-3 stakeholders and their role within a megaproject.