THE STRATEGIC MANAGEMENT OF
HEALTHCARE ORGANIZATIONS
Strategic Management - answer-Understanding of the nature and
implications of external change, the ability to develop effective strategies
that account for change, and the will as well as the ability to actively
manage the momentum of the organization.
Analytical/Rational Approach - answer-Rely on the development of a logical
sequence of steps or processes (linear thinking).
Corporate-Level Strategy - answer-Corporate-level strategies address the
question, "What business(es) should we be in?" Such strategies consider
multiple, sometimes unrelated, markets and typically are based on return on
investment, market share or potential market share, and system integration.
Directional Strategies - answer-Are the result of considerable thought and
analysis by top management and indicate "what the organization wants to
do." Together, these forces are the essential input to strategy formulation.
Divisional-Level Strategies - answer-Finally, the divisional level is the means
to the ends established at the corporate level.
Divisional-level strategies are more focused and provide direction for a single
business type. Divisional strategies are most often concerned with
positioning the division to compete.
Emergent Strategies - answer-Rely on intuitive thinking, leadership, and
learning and are viewed as being a part of managing.
Health Policy - answer-Health planning is the implementation of local, state,
and federal health policy and affects a variety of health care organizations.
As explained in Perspective 1-3, the intent of health policy is to provide the
context for the development of the health care infrastructure as a whole. In
contrast, strategic management is organization specific.
Implementation Plans - answer-Are made up of strategies developed in the
key areas that create value for an organization - service delivery and support
activities - and are typically discussed as part of strategic planning.
Managing Strategic Momentum - answer-Concerns the day-to-day activities
of managing the strategy to achieve the strategic goals of the organization.
Once plans are developed, they must be actively managed and implemented
to maintain the momentum of the strategy.
HEALTHCARE ORGANIZATIONS
Strategic Management - answer-Understanding of the nature and
implications of external change, the ability to develop effective strategies
that account for change, and the will as well as the ability to actively
manage the momentum of the organization.
Analytical/Rational Approach - answer-Rely on the development of a logical
sequence of steps or processes (linear thinking).
Corporate-Level Strategy - answer-Corporate-level strategies address the
question, "What business(es) should we be in?" Such strategies consider
multiple, sometimes unrelated, markets and typically are based on return on
investment, market share or potential market share, and system integration.
Directional Strategies - answer-Are the result of considerable thought and
analysis by top management and indicate "what the organization wants to
do." Together, these forces are the essential input to strategy formulation.
Divisional-Level Strategies - answer-Finally, the divisional level is the means
to the ends established at the corporate level.
Divisional-level strategies are more focused and provide direction for a single
business type. Divisional strategies are most often concerned with
positioning the division to compete.
Emergent Strategies - answer-Rely on intuitive thinking, leadership, and
learning and are viewed as being a part of managing.
Health Policy - answer-Health planning is the implementation of local, state,
and federal health policy and affects a variety of health care organizations.
As explained in Perspective 1-3, the intent of health policy is to provide the
context for the development of the health care infrastructure as a whole. In
contrast, strategic management is organization specific.
Implementation Plans - answer-Are made up of strategies developed in the
key areas that create value for an organization - service delivery and support
activities - and are typically discussed as part of strategic planning.
Managing Strategic Momentum - answer-Concerns the day-to-day activities
of managing the strategy to achieve the strategic goals of the organization.
Once plans are developed, they must be actively managed and implemented
to maintain the momentum of the strategy.
