Healthcare Analysis Essay

1. Differentiate among the terminations strategical management,strategic thinking, strategic planning, and managing strategic momentum. Which of these activities is most important in a healthcargon organization and why? ANSstrategic management consists of the analysis, decisions, and actions an organization undertakes in order to piss and sustain competitive advantages. strategic management is relate with the analysis of strategic goals (vision, mission, and strategic objectives) along with the analysis of the internal and external environment of the organization. Next, leaders essential make strategic decisions.These decisions, broadly speaking, address two basic questions What industries should we compete in?How should we compete in those industries? These questions also often involve an organizations domestic as intumesce as its internationalist operations. And last are the actions that must be taken. Decisions are of little use, of course, unless they are acted on. Firms m ust take the prerequisite actions to implement their strategies. This requires leaders to allocate the necessary resources.strategic thinking is considered a key thought fulfil of strategic management framework is defined as the generation and application of unique business insights and opportunities, to create competitive advantage for a firm or organisation. It suffer be done individually, as well as collaboratively among key people who backside positively alter an organisations future. Group strategic thinking create more value by enabling a proactive and creative dialogue, where we exculpate other peoples perspectives on critical and complex issues which is an important benefit in straight offs highly competitive and fast-changing business landscape.Strategic planning is an organizations process of shaping its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. In order to determine the direction of the organization, it is nece ssary to find its current position and the possible avenues through which it can pursue a particular 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 expand the focus and direction of prior strategic actions in current strategic behaviour. The most important role as leader of an organization is strategy. The best 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 share the vision and are industrious in helping you implement it. According to me strategic management is the most important activity in a healthcare organization, because a well-formulated strategy can bring various benefits to the organization in bring in 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 success 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 practically organizations draw to a close because of lack of proper strategy to run it. With strategic management organizations can foresee the events in future and thats why they can remain stable in the market. 8 Strategic management looks at the threats present in the external environment and thus organizations can both work to get rid of them or else neutralizes the threats in such a way that they become an probability for their success. 9 Strategic managem ent focuses on proactive approach which enables organization to grasp every opportunity that is available in the market.2. List, describe, differentiate, and provide examples of the different trains of strategic management. ANS1 corporeal level2 Divisional level3 organizational level4 social 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 genial health centers.Divisional level strategies are more focused and provide direction for a unity business type. For Example Trinity Health, strategies must be substantial for separately for hospital division, out longanimous units, hospice care etc.. how many hospitals are optional .. or what markets are available for new chain of hospitals. Organizational level Strategies includes strateg ies made at an individual organizational level like each hospital in Trinitys hospital division may develop their own strategies depending upon the present market conditions.Unit level Strategies support organizational strategies through accomplishing various objectives. Unit operational strategies may be developed within departments of an organizations like a hospital with different units, example Medicine department, Surgery unit or paediatric unit etc