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Regulations and Accountability / Question 4: Strategic Priorities You have just been appointed the Director of Planning...

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General Management

Regulations and Accountability / Question 4: StrategicPriorities

You have just been appointed the Director of Planning forCommunity Hospital, a 250-bed acute care facility. The ChiefExecutive Officer has asked you to analyze the organization's fivestrategic initiatives and recommend some priorities for CommunityHospital. The strategic initiatives are: 1) Develop a new PerinatalCenter; 2) Expand the hospital's ambulatory care presence in thesecondary service areas; 3) Launch a hospital?wide cost containmentprogram; 4) Implement a medical staff development plan; 5) Become aMagnet Hospital. Considering the various decision support toolsdealing with regulations and accountability, how would you go aboutthis assignment and how would you apply these tools?

Answer & Explanation Solved by verified expert
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The key purpose here is to prioritize the five strategic initiatives in order The right approach will be to do this in a systematic manner Situation analysis Target analysis Effort resource estimation Prioritization Execution plan We begin by analyzing the current situation of the hospital In order to determine our current standing we should perform a SWOT analysis on the hospital to better understand our current situation In addition we also need to consider the    See Answer
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