What are the key elements of strategy formulation

Assignment Help Strategic Management
Reference no: EM131406537

Assignment: Strategic planning

At the beginning of this course, you developed a graphic representation of the strategic-planning process. How has your understanding of this process grown? For this Application Assignment, you will integrate ideas and perspectives presented throughout this course as you expand upon your initial graphic. ATTACHED IS MY WEEK 1 FOR REFERENCE

Prepare for this Application Assignment as follows:

• What insights have you gained about the strategic planning process throughout this course? Consider the following questions:

o What new insights about the internal and external factors that influence strategic planning have you gained?
o What are the key elements of strategy formulation?
o How do organizations translate their strategic objectives into operational realities?
o What factors contribute to successful implementation or create barriers that need to be addressed?
o Why it is important for marketing to be aligned with strategic planning?
o Why is it important to have the monitoring and evaluation criteria in mind throughout the strategic planning process?
o How has your awareness of the relationships and connections among various aspects of strategic planning grown?

• What insights gained throughout this Master of Healthcare Administration program do you think should be incorporated?

• Revisit the graphic representation of the strategic-planning process you created for the Week 1 Application. How would you revise your assessment of the strategic-planning cycle in light of what you have learned throughout this course? What recommendations do you now have for creating a strategic-planning process that is flexible yet sets the long-term direction for an organization?

Then write a 2- to 3-page paper that addresses the following:

• Create a graphic representation of the strategic-planning process in a health care organization.

• Describe in writing any elements of the strategic-planning process that you are not able to capture in your graphic representation.

• Describe how your view of the strategic-planning process has grown, including one or more key insights that will guide your future work in health care organizations.

Your written assignments must follow APA guidelines. Be sure to support your work with specific citations from this week's Learning Resources and additional scholarly sources as appropriate. Refer to the Essential Guide to APA Style for Walden Students to ensure your in-text citations and reference list are correct.

• Article: Weitzner, D., & Darroch, J. (2010). The limits of strategic rationality: Ethics, enterprise risk management, and governance. Journal of Business Ethics, 92(3), 361-372. Retrieved from https://ezp.waldenulibrary.org/login?url=https://proquest.umi.com.ezp.waldenulibrary.org/pqdweb?did=1976776521&Fmt=6&clientId=70192&RQT=309&VName=PQD

This article raises ethical considerations for you to think about as you complete the Application Assignment.

Optional Resources

• Article: Delgado, R., & Langabeer II, J. R. (2009). Strategic performance evaluation in cancer centers. Journal of Healthcare Management, 54(6), 369-382. Retrieved from https://ezp.waldenulibrary.org/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=46778287&site=ehost-live&scope=site

Attachment:- Hordejuks.rar

Reference no: EM131406537

Questions Cloud

How will you apply automated and stub testing to this system : Suppose that you have developed an information system to purchase a product online. How will you apply automated and stub testing to this system?
Find the first six positive frequencies : A signal consists of two sinusoids, one of 115 Hz and one of 150 Hz. The signal sampled at a rate of 400Hz. Find the first six positive frequencies that will be present in the replicated spectrum
Type a valid product name : Using Excel VBA, consider a cell where a user can type a valid product name. If the product name is valid then the adjacent cell should display the correct product category. This feature should be implemented using a button in excel.
Locate a technical-writing article on the web : You recall from your recent systems analysis and design course that several options for each of these areas are available.
What are the key elements of strategy formulation : What are the key elements of strategy formulation? How do organizations translate their strategic objectives into operational realities?
Discuss the socialization processes and practical reflection : Explain how organizational culture molds the thinking and outlook of those participating in criminal justice. Specifically identify the various stages of socialization and compare contrast socialization of correctional officers within the inmate p..
Which installation strategy would you recommend pursuing : However, Paula Freeman does not like this idea. She feels that a parallel approach is more appropriate. She worries that if the system crashes, it may be difficult to return to the old system.
Lack of vision when the internet was created : IPV6 is the replacement for IPV4. This shows a lack of vision when the Internet was created. Why do you think this statement is correct or incorrect? The IoT (Internet of Things) is a current buzzword.
Identify the tasks involved in project closedown : What types of maintenance problems can you expect from this information system?

Reviews

Write a Review

Strategic Management Questions & Answers

  Case study in strategic plan adelphi art centre

Strategic plan or strategic planning of  Adelphi Art Centre in Adelphi, Australia.

  Pestle analysis of a new uk based business plan

Key trend of PESTEL tool  analysis in UK in the next three years.

  Diversity reflection paper

This document describes an exercise that could used to increase students' sensitivity to workforce diversity and related issues of power.

  Crafting a personal vision and mission statement

Crafting a Personal Vision and Mission Statement

  Business strategy and strategic human resource management

This project report describes the co-ordination and alignment of business strategy with strategic human resource management.

  Steak sauce - lawry’s defense: case analysis

Steak Sauce: Lawry's Defense" case to complete a formal written case analysis

  Write a report on best buy strategic audit

Write a report on best buy strategic audit which inhibits the corporate governance, corporate culture, and under Corporate Resources.

  Cross-cultural management

To develop an awareness and comprehensive understanding of the influence of culture on management

  Calculate the expected value of returns of stock

Calculate the expected value of returns of stock.

  Influence the making of public policy

Write a paper on interest groups and how they seek to influence the making of public policy.

  Strategic management principles

Strategic Management principles

  Resource base view theory versus positioning theory

Explain Resource Base View theory versus Positioning theory

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd