SWOT Analysis

In strategic planning, strength, weakness, opportunity and threat (SWOT) analysis is a tool used to identify those issues most likely to have an impact on a planned change now and in the future (Laureate Education, 2013f; Marquis & Huston, 2015). A SWOT analysis helps an organization further its mission, vision, and values by ensuring the planned change remains true to these statements.
Strengths
The first part of a SWOT analysis is to outline the positive factors that will support the planned change (Marquis & Huston, 2015). A main strength of this planned change is the level of expertise all the Nurse Clinicians (both temporary and permanent) has with the EHR system and MDS assessment tool. The three permanent Clinicians have been in their

34). One of the main opportunities for this change is that it will allow all the Nurse Clinicians to apply their extensive knowledge, skills, and judgment to better monitor and audit the documentation system. Each Clinician will also have the authority to address any identified issues or concerns directly with the staff, as opposed to handing this over to the APN. Furthermore, the Nurse Clinicians will ensure the data gleaned from the EHR and MDS accurately represents the care provided, and they will assist in translating the results of the MDS into practice to better enhance patient care. Additional opportunities for professional development could include developing educational material or developing and implementing unit quality improvement projects. A second opportunity is the chance to be a part of the new initiatives coming to the VC over the next few years. As the organization moves towards implementing more technology, such as electronic medication administration records and computerized provider order entry, the Clinicians will be able to provide their knowledge of organizational workflows to ensure a system will meet the needs of the staff. Additionally, the Clinicians can be a part of the implementation team to help educate and support the staff as they learn any new software. Finally, the benefits of a centralized model and

267).
Section Three: Balanced Scorecard
Balanced scorecards are a tool a nurse leader can use in strategic planning to assess how the organization is meeting its strategic goals and objectives. It allows for a well-rounded analysis of four different metrics: fiscal measures, customers, processes and learning and growth (Marquis & Huston, 2015). The intention of a balanced scorecard is to help “organizations set strategic goals, allocate resources, set priorities for process tasks (operations), and evaluate progress and strategy effectiveness” (Sare & Ogilvie, 2010, p. 158). Appendix A outlines the balanced scorecard for this planned change.
Financial