Write a 6–8 page paper that includes these components: understanding the environment, organizational analysis, and key performance indicators (KPIs).
For leaders in healthcare, strategic analysis is a crucial tool for staying aware of both internal conditions and external environments. Without a strong understanding of both, leaders can make decisions that work in theory but not very effectively in the real world. In this assessment, you will create a succinct and thorough analysis of the internal and external environment for a medical center. You will be presented with a simulation in which a CFO of a medical center is working on strategic planning and needs more information about the current state of this facility as well as external market conditions that affect its competitiveness. This report should help stakeholders understand the importance of understanding the environment in which the organization operates. Additionally, it should clearly lay out an analysis of the internal and external environments and apply one or more strategic frameworks to analyze the environment and raise operational considerations.
Scenario
This assessment is based around the following media simulation. Be sure you have completed this activity before completing this assessment.
• Vila Health: Strategic Analysis and Operational Considerations.
In addition to the scenario presented in this media, incorporate the following change in the organization’s environment when creating your analysis for this assessment:
• A new for-profit 50-bed acute care hospital is slated to open in the next eight months, offering a full complement of services.
The goal of this assessment is to create a succinct and thorough analysis of the internal and external environment for St. Anthony Medical Center. This report should help stakeholders understand the importance of understanding the environment in which the organization operates. Additionally, it should clearly lay out an analysis of the internal and external environments and apply one or more strategic frameworks to analyze the environment and raise operational considerations.
Instructions
Use the following resource for information about how to search the Capella library and find appropriate sources to support your assessment:
• Healthcare Administration Undergraduate Program Library Guide
This assessment has three distinct parts:
• Part 1: Understanding the Environment.
• Part 2: Organizational Analysis.
• Part 3: Key Performance Indicators.
When completing your assessment, read the instructions carefully to make sure you are addressing all the scoring guide criteria.
Part 1: Understanding the Environment
For this part of your assessment, the focus should be on providing a brief analysis of the ways in which competition within the healthcare industry affects strategic planning and should be incorporated into strategic planning. As a part of your analysis, you should consider the types of evidence and analysis that would be compelling to the stakeholders at St. Anthony Medical Center to ensure that they are onboard and understand the importance at considering the competition in the environment when undertaking strategic planning. This relates to both internal and external factors.
As you create this part of your assessment, it may be helpful to think about these following areas and aspects of an organization that compete for time, attention, and resources:
• External competition.
• Staffing.
• Stakeholders.
• Organizational capacity.
Relevant Scoring Guide Criterion
• Analyze the impact and importance of understanding competition within the health industry as it applies to strategic planning.
Part 2: Organizational Analysis
Strategic Analysis and Operational Considerations for St. Anthony Medical Center
Executive Summary:
This report provides a comprehensive strategic analysis of St. Anthony Medical Center, addressing both internal and external environmental factors crucial for effective strategic planning. It emphasizes the importance of understanding the competitive landscape, particularly the impending arrival of a new for-profit acute care hospital. An organizational analysis, including a SWOT assessment, is conducted to identify strengths, weaknesses, opportunities, and threats. Finally, key performance indicators (KPIs) are recommended to monitor progress and ensure strategic alignment.
Strategic Analysis and Operational Considerations for St. Anthony Medical Center
Executive Summary:
This report provides a comprehensive strategic analysis of St. Anthony Medical Center, addressing both internal and external environmental factors crucial for effective strategic planning. It emphasizes the importance of understanding the competitive landscape, particularly the impending arrival of a new for-profit acute care hospital. An organizational analysis, including a SWOT assessment, is conducted to identify strengths, weaknesses, opportunities, and threats. Finally, key performance indicators (KPIs) are recommended to monitor progress and ensure strategic alignment.