Strategic planning and identify a strategic goal through preforming a SWOT analysis within your sphere of influence.SWOT analysis within your sphere of influence. Goal: improving access to technology among the Hospital Washington Regional Medical Center Hospital/Clinicâ€™s Fayetteville Arkansas and their Home Health department which are all on different EMRâ€™s and the EMRâ€™s do not talk to each other. With the NEW PDGM payment method of CMS Home Health
Strategic planning within organizations provides a plethora of benefits to the organization including meeting goals specified in the plan and contributing to the long-term success of an organization. Refer to Exhibit 8.3 (Attached): The Strategic Management Process, located in Chapter 8 of the Management textbook.
This assignment, select either youâ€™re an organization; Washington Regional Medical Center (Hospital), complete a series of assignments related to strategic planning for a proposal you would like to implement. The same organization will be used in the following assignments
ASSIGNEMENT 1: Strategic Planning: Strategy Map
Once you have selected the organization, Wal-Mart, identify a strategic goal through preforming a SWOT analysis within your sphere of influence. For example, if you are not currently in a management or leadership position, it is acceptable to focus on a more focused area of your organization you are currently able to impact. opportunities for improving access to technology among the Hospital Washington Regional Medical Center Hospital/Clinicâ€™s Fayetteville, Arkansas and their Home Health department which are all on different EMRâ€™s and the EMRâ€™s do not talk to each other. With the NEW PDGM payment method of CMS Home Health needs to become more efficient in obtaining patient medical records, for a referralâ€™s and having orders signed and returned through a e-solutions where nothing has to be faxed. Becoming totally electronic which will speed up the process because our billing starting 1/1/2020 have to bill out every 30 days (2 times within an episode of care).We have to become more efficient to not face penalties in payments
Website: Patient-Driven Groupings Model (PDGM): What Home Health Agencies Should Know
Website: What Is PDGM and What Will it Mean for Your Home Health Agencies
A SWOT analysis is part of strategy formulation that leads to goal setting and then progresses to the development of a strategic plan. Be sure to follow the criteria for effective goals as illustrated to Exhibit 7.5, (ATTACHED)
Complete a SWOT analysis using the “SWOT Analysis” template. Consider the following guiding questions as you complete the SWOT Analysis:
- What are the recognized strengths of your identified area?
- What does your identified area do better than other companies?
- What unique capabilities or resources does you identified area possess?
- What do other companies consider to be your strength?
- What are the recognized weaknesses of your identified area?
- What do competitors do better than your identified area?
- What areas can be improved at your current position?
- What do other companies consider to be your weakness?
- What trends or conditions impact the company in a positive way?
- What opportunities exist for the identified area?
- What trends or conditions impact the identified area in a negative way?
- What is the competition doing that may have an impact on your identified area?
- Does your identified area have solid financial support?
- What impact does your weakness have on the threats your identified area faces?
These questions are samples of what you may need to address in your SWOT Analysis. Using the SWOT analysis results, develop at least one strategic goal. Submit both the completed SWOT analysis document and the strategic goal.
APA format is not required, but solid academic writing is expected.
Please uses the rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
A SWOT analysis is included and addresses all components (strengths, weaknesses, opportunities, and threats). SWOT analysis demonstrates comprehensive subject knowledge and understanding
A strategic goal is included and the SWOT analysis results are aligned. The strategic goal demonstrates comprehensive subject knowledge and understanding.
Synthesis shows careful planning and attention to how disparate elements fit together. The combination of elements is verified.
The writer is clearly in command of standard, written, academic English.