The Importance Of Strategic Management

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Strategic management process is neither a clean nor a linear, but a systematic process that requires hardworking and commitment in an organization. Most people in an organization should involve in the process to move it towards the strategic goal. Thus, strategic management identify and make the necessary changes and measures the organization’s performance while it moves towards its vision. Prior to strategic planning, pre-planning activities should be applied, including the close attention to the stakeholders’ needs and the support it requires while deciding to implement strategic planning. After pre-planning activities, the next step is the strategic planning process. Strategic planning, therefore, is the first step towards the strategic…show more content…
W. (2014). Strategic healthcare management: Planning and execution. Chicago, IL: Health Administration Press. 4. Illustrate how you would analyze at least three problems and formulate solutions in health care using strategic management principles. Strategic management helps to identify problems that an organization faces and formulate solutions for the problems. Therefore, an organization should provide priority to solve the problems. For example, avoiding stakeholders’ involvement, miscommunication, and inaccurate data sources can be great challenges to the organization’s strategic management. Stakeholders are important group in strategic planning process. Therefore, their disengagement in strategic planning hurts an organization’s future goals. Thus, it’s important to involve stakeholders in strategic management. As healthcare manager, I will analysis if stakeholders involved in strategic management plan or not. If not involved, I will establish sense of motivation and ownership commonality within the…show more content…
We should communicate with stakeholders, employees, and mid-level managers so that we can smoothly process our strategic planning. We must revise our mission, vision, core values, and identify our strengths and weaknesses. We also should understand and identify our opportunities and threats before expanding the health information technology. Third, we go for the action plan establishing our strategic priorities, goals, objectives, and activities with their measurement tools. After we have done our action plans, we implement the service, monitor, and evaluate its
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