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Assessment 1 • Overview of Strategic Plan Overview Prepare a 3–4 page overview of the strategic planning process that identifies the strategic planning outcomes, describes the key components of the planning process, defines the planning schedule, and analyzes past strategies to determine reasons for success or failure. Note: Developing a strategic plan requires specific steps that need to be executed in a sequence. The assessments in this course are presented in sequence and must be completed in order. By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria: • Competency 1: Evaluate the role of an effective planning process in the strategic management of health care organizations. o Identify strategic planning outcomes. o Describe the key components of the strategic planning process. o Define a strategic planning schedule. o Analyze past strategies to determine the reasons for their successes and failures. • Competency 5: Communicate in a manner that is professional and consistent with expectations for business professionals. o Write content clearly and logically with correct use of grammar, punctuation, and mechanics. • Context Per Zuckerman (2012), “Strategic planning refers to a process for defining organizational objectives, implementing strategies to achieve those objectives, and measuring the effectiveness of those strategies” (p. 3). The health care industry requires leaders with strategic planning and management skills. Strategic management is the action of leading an organization using strategic thinking, planning, and decision making. Reference Zuckerman, A. M. (2012). Healthcare strategic planning (3rd ed.). Chicago, IL: Health Administration Press. Questions to Consider To deepen your understanding, 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. • What are the components of a strategic plan? • Why is each component important to the success of the overall plan? Resources Required Resources The following template is required to complete Assessment 1: • Worksheet 1. Strategic Thinking The following resources provide insight into the importance of strategic thinking: • Beckham, D. (2016). 10 surprising keys to strategic thinking for health care CEOs. Hospitals and Health Networks: American Hospital Association. Retrieved from http://www.hhnmag.com/articles/7096-surprising-keys-to-strategic-thinking-for-health-care-ceos • Knight, E. M. (2014). Strategic Planning for Hospitals and Healthcare Systems | Transcript. CokerGroup Healthcare Consulting. Retrieved from https://youtu.be/UjmvyvjofIk • Zuckerman, A. M. (2012). Healthcare strategic planning (3rd ed.). Chicago, IL: Health Administration Press. (Available for purchase in the Capella University Bookstore.) o Chapter 11, “Encouraging Strategic Thinking,” pages 205–220. Show More • Zuckerman, A. M. (2012). Healthcare strategic planning (3rd ed.). Chicago, IL: Health Administration Press. (Available for purchase in the bookstore.) o Chapter 1, “Is Strategic Planning Still Relevant?” pages 1–18. o Chapter 2, “Organizing for Successful Strategic Planning: 12 Critical Steps,” pages 19–32. o Chapter 7, “Major Planning Process Considerations,” pages 131–150. • Morrison, I. (2016). Lessons from a health system that disrupts itself. Hospitals and Health Networks: American Hospital Association. Retrieved from http://www.hhnmag.com/articles/7165-lessons-from-a-health-care-system-that-disrupts-iself • The City Club Forum. (2014). Healthcare Delivery in the 21st Century | Transcript. Retrieved from http://player.pbs.org/viralplayer/2365365666 • Johns Hopkins. (2013). John Hopkins Medicine strategic plan. Retrieved from http://www.hopkinsmedicine.org/strategic_plan/_docs/JHM%20Strategic%20Plan_Sept2013.pdf • Niles, N. J. (2010). A case study in strategic financial planning in health service organizations. Journal of Business Case Studies, 6(5), 23–29. • Howard, B. (2015). St. Michael’s Hospital Strategic Plan 2015–2018 | Transcript. Retrieved from https://www.youtube.com/watch?v=UQ3pOf5JLIM • Community Hospital Healthcare System: A Strategic Management Case Study. • Assessment Instructions Preparation Choose a health care organization to use for your assessments. You may use the organization where you currently work or where you worked previously, or you may opt to use the Community Hospital Healthcare System: A Strategic Management Case Study that is linked in the Suggested Resources section. You should have enough knowledge about the organization to complete the course assessments. Once you have selected an organization, complete Worksheet 1, located in the Required Resources section. You will not submit this worksheet, but will use the information you add to the worksheet to develop an overview of the strategic planning process for the organization you chose. Assessment Requirements Use the information from Worksheet 1 to develop an overview of the strategic planning process for the organization you have chosen to use. Your overview should address the following: • Identify the strategic planning outcomes. Keep in mind that the outcomes should be specific and measurable. • Describe the key components of the strategic planning process. • Define the strategic planning schedule. • Analyze past strategies to determine the reasons for their successes and failures. o Explain the strategies used in the past. o Identify the factors that contributed to the success or failure of the strategies. o Explain how this information can be used to improve your process as you complete the assessments in this course. Format this assessment as a report, and be sure it is organized logically, using headings and sub-headings appropriately. Follow APA guidelines for in-text citations and references. Additional Requirements • Overview length: 3–4 double-spaced pages, not including title page and reference page. • References: A minimum of three professional resources. • Format: Use APA format for all in-text citations and references. Include a title page and reference page. • Font and font size: Times New Roman, 12 point.

Assessment 1

Top of Form

Bottom of Form

  • Overview of Strategic Plan

Overview

Prepare a 3–4 page overview of the strategic planning process that identifies the strategic planning outcomes, describes the key components of the planning process, defines the planning schedule, and analyzes past strategies to determine reasons for success or failure.

Note: Developing a strategic plan requires specific steps that need to be executed in a sequence. The assessments in this course are presented in sequence and must be completed in order.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

  • Competency 1: Evaluate the role of an effective planning process in the strategic management of health care organizations.
    • Identify strategic planning outcomes.
    • Describe the key components of the strategic planning process.
    • Define a strategic planning schedule.
    • Analyze past strategies to determine the reasons for their successes and failures.
  • Competency 5: Communicate in a manner that is professional and consistent with expectations for business professionals.
    • Write content clearly and logically with correct use of grammar, punctuation, and mechanics.

Context

Per Zuckerman (2012), “Strategic planning refers to a process for defining organizational objectives, implementing strategies to achieve those objectives, and measuring the effectiveness of those strategies” (p. 3).

The health care industry requires leaders with strategic planning and management skills. Strategic management is the action of leading an organization using strategic thinking, planning, and decision making.

 

Reference

Zuckerman, A. M. (2012). Healthcare strategic planning (3rd ed.). Chicago, IL: Health Administration Press.

Questions to Consider

To deepen your understanding, 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.

  • What are the components of a strategic plan?
  • Why is each component important to the success of the overall plan?

Resources

Required Resources

The following template is required to complete Assessment 1:

Strategic Thinking

The following resources provide insight into the importance of strategic thinking:

Show More

Strategic Planning

Developing a strategic management plan requires planning. These resources shed some light on why planning is an important part of the process:

  • Zuckerman, A. M. (2012). Healthcare strategic planning(3rd ed.). Chicago, IL: Health Administration Press. (Available for purchase in the bookstore.)
    • Chapter 1, “Is Strategic Planning Still Relevant?” pages 1–18.
    • Chapter 2, “Organizing for Successful Strategic Planning: 12 Critical Steps,” pages 19–32.
    • Chapter 7, “Major Planning Process Considerations,” pages 131–150.

Expand Your Knowledge

To explore strategic management planning further, consider reviewing the following:

Exemplar resources for the course

It may be helpful for you to review these exemplars prior to beginning your work on the assessment.

Strategic Management Case Study

If you do not currently work for a health care organization, or if you prefer not to use the organization where you work for the course assessments, you may choose to use this case study to complete the assessments:

  • Assessment Instructions

Preparation

Choose a health care organization to use for your assessments. You may use the organization where you currently work or where you worked previously, or you may opt to use the Community Hospital Healthcare System: A Strategic Management Case Study that is linked in the Suggested Resources section. You should have enough knowledge about the organization to complete the course assessments.

Once you have selected an organization, complete Worksheet 1, located in the Required Resources section. You will not submit this worksheet, but will use the information you add to the worksheet to develop an overview of the strategic planning process for the organization you chose.

Assessment Requirements

Use the information from Worksheet 1 to develop an overview of the strategic planning process for the organization you have chosen to use. Your overview should address the following:

  • Identify the strategic planning outcomes. Keep in mind that the outcomes should be specific and measurable.
  • Describe the key components of the strategic planning process.
  • Define the strategic planning schedule.
  • Analyze past strategies to determine the reasons for their successes and failures.
    • Explain the strategies used in the past.
    • Identify the factors that contributed to the success or failure of the strategies.
    • Explain how this information can be used to improve your process as you complete the assessments in this course.

Format this assessment as a report, and be sure it is organized logically, using headings and sub-headings appropriately. Follow APA guidelines for in-text citations and references.

Additional Requirements

  • Overview length: 3–4 double-spaced pages, not including title page and reference page.
  • References: A minimum of three professional resources.
  • Format: Use APA format for all in-text citations and references. Include a title page and reference page.
  • Font and font size: Times New Roman, 12 point.

 

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