Assignment: Strategic Management Fundamentals in Health Care - A Strategic Planning Approach
You hired as the Director of Operations Director for a real publicly-held hospital chain. You have been asked to evaluate the organization's strategic planning approach because of changes in recent legislation (Affordable Care Act, Health Information Technology for Economic and Clinical Health (HITECH), Health Insurance Portability and Accountability Act (HIPAA), the Joint Commission, etc.). To gather data for your assignment, identify a publicly-held health care organization of your choice. You may use the Library to search for market information.
Prepare a report of 6-7 pages with at least 6 academic or professional references published in the past five years that indicates the following:
1) Identify all of the stakeholders that are involved and impacted by the organization.
2) Differentiate internal from external stakeholders, and evaluate the relationship between the organizational mission and vision for each stakeholder group based on strategic planning components.
3) Evaluate at least 3 business units or stakeholder groups that should be subjected to further evaluation to support the strategic initiatives of the organization, and provide your rationale and justification.
4) Analyze the mission and vision statements of the organization from the perspective of each of the identified stakeholders.
5) Assess the organization's approach to addressing recent health care legislation, and provide an evaluation of the strategic response that is commonly employed.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.