CHAPTER 1
Managing Strategic Momentum - answer-element of strategic management that
involves day-to day activities of managing the strategy to achieve the strategic
goals of the organization
Yes - answer-Is Leadership buy-in is not necessary for the success of a strategic
plan,
17 percent - answer-The estimated health care cost of the United States was over __
percent of gross domestic product (GDP) in 2009.
1960s and 1970s - answer-Major growth in strategic planning in business
organizations in the United States occurred in what decades
Strategic Planning - answer-The periodic process of developing a set of steps for an
organization to accomplish its mission and vision is
30-35 years - answer-How long has strategic management concepts been employed
in health care organizations
Difference in strategic management and health policy - answer-Health policy affects
the entire health care infrastructure whereas strategic management affects
specific/individual organizations
True - answer-Successful strategic planning requires recurring group process
10 - answer-How many schools of though concerning organizational strategy were
identified?
big picture - answer-in strategic management, what differentiates strategic thinkers
from others is the ability to see
Managing strategic momentum - answer-strategy evaluation
strategic planning - answer-external analysis
strategic thinking - answer-generate new ideas
Prescriptive and Analytics Schools - answer-The planning school and the positioning
school
Descriptive and emergent schools - answer-The entrepreneurial school and the
Learning school
Map - answer-Prescriptive and analytical