Impact Monitoring Discussion Board Topic: Review the Strategic Functions table Strategic Functions table - that presents four activities and examples of impact. Briefly discuss the activity (which can be different than the four provided) that you selected for your MBP and its possible impact on your healthcare enterprise. Consider various strategic functions that could impact the MBP.

FILSURE 15.8

Strategic Functions

Activity Definition

1 Revising the mission and vision Stating the underlying purpose and values of the organization

2 Strategic positioning Identifying and evaluating alternative approaches to maximizing stakeholder value

3 Implementing the strategic position: Committing to processes and resources that will achieve the strategic goals

4 Responding to external opportunities and threats: Evaluation of events that change the Strategic risks or benefits

Example

1 Adding prevention and nonacute services to a traditional hospital mission

2 Positioning an array of clinical services geographically to achieve higher market share

3 Forming strategic partnerships; investing in information technology

4 Acquiring a faltering competitor

Source: ACHE Chapter Educational Resources: Marketing & Strategy p. 607