Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case Study: No Time for Strategizing Downstate Medical Center is a 400-bed teaching hospital with a board composed of business and community leaders. Downstate is

Case Study: No Time for Strategizing

Downstate Medical Center is a 400-bed teaching hospital with a board composed of business and community leaders. Downstate is considered by most in the region it serves to be the key hospital. The board is devoted to the hospital and meets quarterly. Tis executive committee meets monthly and follows financial, quality, and other operational activities at the hospital closely in exercising its oversight duties. The executive committee and the entire board scrutinize the key aspects of the hospital's operation closely and regularly. It is the custom of Clare Lipton, who chairs the Downstate board, and Nathan Robertson, president and CEO of the hospital, to have lunch together in the hospital's boardroom on a weekly basis. Recently, the conversation has focused on how to get the board more engaged in strategizing. Lipton has made the point that she feels the board is happy about how things are going at the hospital, and with Robertson's performance, but has added, "We are sailing along nicely, but we don't know what the future holds for the hospital and where it fits into that future."

QUESTIONS (answer each question with at least ten to fifteen sentences with references)

1. What are the appropriate roles of the CEO and the board in strategizing the future of Downstate Medical Center?

2. If things are going well at Downstate, why should its leaders give more attention to strategizing? Provide a SWOT analysis based on your analysis.

3. What do you recommend to Nathan Robertson and to Clare Lipton as a way to begin strategizing for Downstate Medical Center?

4. make a marketing plan based on the strategy you propose.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Retailing Management

Authors: Levy, Weitz

9th Edition

1259060667, 9781259060663

More Books

Students also viewed these General Management questions

Question

Examine various types of executive compensation plans.

Answered: 1 week ago

Question

1. What is the meaning and definition of banks ?

Answered: 1 week ago

Question

2. What is the meaning and definition of Banking?

Answered: 1 week ago

Question

3.What are the Importance / Role of Bank in Business?

Answered: 1 week ago

Question

4. What means will you use to achieve these values?

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago