Homework: Strategic Planning Report
The leader of a local health care organization, Kendra Klein, has noticed other health care organizations successfully incorporating strategic management practices. Kendra is considering using strategic management for her health care organization. She has hired you to research what the strategic planning development and implementation process is and to address why it helps organizations be successful.
Write a 700 to 1,050 words report that answers the following questions:
i. What are the major components of strategic management, and why is each component needed for success?
ii. Why are an organization's mission and values important to strategy formulation?
iii. What benefits does a strategic management process bring to a health care organization?
iv. How does strategic management affect organizational decision-making and financial performance?
v. How does strategic management affect the way an organization responds to its environment.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.