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HSA 550 WU Strategic Planning and Development Essay

HSA 550 WU Strategic Planning and Development Essay

ANSWER

It appears that you have provided the instructions for an assignment related to developing a strategic plan for St. David’s Healthcare. This assignment requires you to demonstrate your understanding of strategic management, analytical tools, barriers to implementation, market segmentation, and marketing strategies. Below, I’ll outline the key components you need to address in your strategic plan:

Title Page: Include the title of your strategic plan, your name, the course name, the instructor’s name, and the date.

Table of Contents: Provide a clear outline of the sections and sub-sections within your strategic plan.

1. Introduction: Introduce the purpose of the strategic plan and provide a brief overview of St. David’s Healthcare as well as its mission and vision statements.

2. Differentiation of Strategic Concepts: Explain the differences between strategic management, strategic thinking, strategic planning, and managing strategic momentum. Provide clear definitions and examples for each concept.

3. Selection of Analytical Tool: Propose one specific analytical tool suitable for an adaptive strategy. Explain why you’ve chosen this tool and how it aligns with St. David’s Healthcare’s goals. This could be tools like SWOT analysis, PESTEL analysis, or Porter’s Five Forces.

4. Application of Analytical Tool: Detail how the selected analytical tool will be used to support the strategic proposal. Provide an example of how the tool will be applied within the context of St. David’s Healthcare.

5. Identification of Internal and External Factors: Research and present three internal and three external factors that could potentially become barriers to the success of the proposed strategic plan. Explain the significance of each factor.

6. Proposed Solutions to Barriers: Recommend at least one solution for each of the barriers identified. Explain how each solution addresses the specific barrier and supports the successful implementation of the strategic plan.

7. Market Segmentation: Define the specific segment of the market that St. David’s Healthcare’s strategic plan will target. Consider factors like demographics, psychographics, and the healthcare needs of the chosen segment.

8. Marketing Approach: Recommend the most effective approach to marketing the strategic plan. Provide examples of marketing strategies, channels, and tactics that will resonate with the target market.

9. Conclusion: Summarize the key points of the strategic plan and emphasize how it aligns with St. David’s Healthcare’s mission and vision.

10. References: List all the academic resources you’ve used for your research. Make sure to follow the appropriate citation style (e.g., APA, MLA).

Formatting and Writing Mechanics: Ensure your strategic plan is well-organized, coherent, and easy to understand. Pay attention to grammar, spelling, and formatting consistency.

Remember to conduct thorough research to support your strategic plan and use at least three high-quality academic resources. Avoid using sources like Wikipedia, and instead, rely on reputable academic journals, books, and other credible sources.

Finally, review the assignment’s specific grading criteria and performance-level descriptions to ensure you’re addressing each requirement effectively. Good luck with your strategic plan!

HSA 550 WU Strategic Planning and Development Essay

QUESTION

Description

Strategic Planning and Development

St. David’s Healthcare

Imagine you have been selected by the facility’s executive committee to develop a strategic plan that aligns with the organization’s mission and vision. Use critical thinking skills and research current events of your chosen organization to prepare your assignment.

Assignment Instructions

Write an 8-10 page strategic plan. Your plan must include the elements listed below. Note that the instructions correspond to the grading criteria for this assignment. You may also want to review the performance-level descriptions for each criterion in the scoring guide to see how your work will be assessed:

  1. Differentiate between strategic management, strategic thinking, strategic planning, and managing strategic momentum.
  1. Propose one specific analytical tool suitable for use as an adaptive strategy that will be the most effective in helping an organization achieve its strategic plan.
  1. Propose the manner and provide an example of how the selected analytical tool will be used to support the strategic proposal.
  1. Research three internal and three external factors that could become barriers to the success of the proposed strategic plan.
  1. Recommend at least one solution to each of the possible barriers to implementing your proposed strategic plan.
  1. Determine the specific segment of the market that your organization’s strategic plan will target.
  1. Recommend the most effective approach to marketing your strategic plan and provide examples.
  1. Use at least three quality academic resources.
  1. Meet requirements for clarity, writing mechanics, and formatting.
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