Strategic Plan Template
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Strategic Plan Template
This course will feature a cumulative assignment starting in Week 1 and concluding in Week 5. You will complete this assignment each week using the Strategic Plan Template provided. This document will be used in conjunction with the Phoenix Hospital 5-Year Strategic Plan Scenario. It is important that you read the scenario in its entirety prior to completing the Week 1 assignment. Make sure to refer back the scenario each week as instructed for these cumulative assignments. You will record all responses to the appropriate assignments in this document. Your faculty member will also provide feedback directly through this document. This document will break down the basic steps used in strategic planning to make a strategic decision in health care. While this scenario is specifically geared toward a hospital setting, the knowledge and skills you will possess at the end of this course can be applied to any health care facility (e.g., physician’s office, long-term care, etc.).
Part 1: Mission and Vision for Phoenix Hospital
In this first assignment, you will create a mission and vision statement for Phoenix Hospital. It is important to read the Phoenix Hospital 5-Year Strategic Plan Scenario prior to completing this assignment.
Create a mission and vision statement for Phoenix Hospital. Remember that your mission and vision statements should be a strong representation of the following:
· Organization’s goals
· Stakeholders that are impacted by the organization
· Values of the organization
Mission for Phoenix Hospital
Vision for Phoenix Hospital
Cite at least 1 peer-reviewed, scholarly, or similar reference to support your assignment.
Write 260 to 350 words on the importance of mission and vision statements to organizations in which you:
Describe the process an organization uses to develop their mission and vision statement.
Explain internal and external stakeholders involved in the process of developing the organization’s mission and vision statements.
i. Discuss the roles and responsibilities of the stakeholders.
Explain how the mission and vision is foundational to strategic planning in a health care organization.
Cite at least 1 peer-reviewed, scholarly, or similar reference to support your paper.
Part 2: Market & SWOT Analysis for Phoenix Hospital
Review the Phoenix Hospital 5-Year Strategic Plan Scenario.
Research current health care events that influence hospital or other health care facility performance. Consider using the article review from the Week 2 assignment, “Understanding Strategic Decision-Making in Health Care,” if applicable.
Complete the chart using a minimum of 700 words with the following information:
Identify 3 major market factors from the Phoenix Hospital scenario.
Analyze how the major market factors
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