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Strategic Planning at Johns Hopkins Medicine Johns Hopkins Medicine, with headquarters in Baltimore, Maryland, is a $7.7 billion global healthcare organization that operates 6 academic and community hospitals, along with 4 suburban healthcare and surgery centers, and 39 primary and specialty care outpatient sites. The organization strives to create a culture in which diversity, inclusion, civility, collegiality, and professionalism are championed through actions, incentives, and accountability. Johns Hopkins Medicine's mission, vision, core values, and objectives are presented in Table 11.4.13 TABLE 11.4 Johns Hopkins Medicine mission, vision, values, and objectives Mission: To improve the health of the community and the world by setting the standard of excellence in medical education, research, and clinical care. Vision: Johns Hopkins Medicine pushes the boundaries of discovery, transforms health care, advances medical education, and creates hope for humanity. Together we will deliver the promise of medicine. Core Values: Excellence and discovery Leadership and integrity Diversity and inclusion Respect and collegiality . . Highlight Respect and collegiality Objectives: Attract, engage, develop, and retain the world's best people. Become the exemplar for biomedical research by advancing and integrating discovery, innovation, translation, and dissemination. Be the national leader in the safety science, teaching, and provision of patient- and family-centered care. Lead the world in the education and training of physicians and biomedical scientists. Become the model for an academically based, integrated healthcare delivery and financing system. Create sustainable financial success and implement continuous performance improvement. . . You are a member of a three-person team within the finance organization that is working under the direction of the CFO to define a set of strategies that will support Johns Hopkins Medicine's financial objectives and goals. Review Questions The CFO has asked each member of the team to express his or her thoughts on two topics: 1. Should any resources from outside the finance organization be recruited to help identify and evaluate alternative strategies? Why or why not? 2. How should potential strategies for the finance organization be evaluated? Critical Thinking Questions 1. Develop two hypothetical objectives specific to the finance organization that are consistent with Johns Hopkins Medicine's overall vision, mission, and objectives. 2. For each objective develop one SMART goal