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Why should healthcare organizations plan? The future is certain. To provide a road map and guide organizations through the unknown. Organizations are unable to affect
- Why should healthcare organizations plan?
- The future is certain.
- To provide a road map and guide organizations through the unknown.
- Organizations are unable to affect their future.
- All of the above
- Strategic planning today includes
- Multiple scenarios regarding assumptions about the future
- Significant competitive analysis
- A fierce competitive environment
- All of the above
- Strategic planning is an executive leadership driven process.
- True
- False
- Strategic planning should include only a few key people.
- True
- False
- Strategic plans are used
- To provide clinical services to patients
- To communicate what is important to the organization
- Only by executives within the organization
- All of the above
- A common tool used for environmental assessment is called
- SWITCH
- SWATCH
- SWOT
- SPOT
- When we conduct an environmental assessment, we are concerned with the situation
- Inside of the organization
- Outside of the organization
- Both inside and outside of the organization
- None of the above
- An environmental assessment helps us to determine what we can and cannot control or influence.
- True
- False
- The first step that should be completed for an internal assessment is
- Analyze trends
- Review mission, vision, and values statements
- Analyze resources
- Conduct internal market research
- Reviewing the Affordable Care Act would be part of an external assessment.
- True
- False
- As one outcome of an environmental assessment, we want to match
- Internal strengths with external opportunities
- External opportunities with external threats
- Internal strengths with external threats
- Internal weaknesses with external threats
- Educated guesses we make about the future environment are called
- Opportunities
- Threats
- Assumptions
- Distinctive competencies
- The environmental analysis allows us to prioritize which issues are most important to the organization.
- True
- False
- An organizations culture is set by its
- Vision
- Mission
- Values
- SWOT
- An organizations reason for being/existing is called its
- Visio
- Mission
- Values
- SWOT
- A description of what an organization should look like in an ideal future is called its
- Vision
- Mission
- Values
- SWOT
- A strategy option that concentrates on a particular buyer or market is
- Cost leadership
- Differentiation
- Focus (niching)
- All of the above
- A strategy option that concentrates on efficiency and cost reduction is
- Cost leadership
- Differentiation
- Focus (niching)
- All of the above
- A strategy option that concentrates on being unique in the marketplace is
- Cost leadership
- Differentiation
- Focus (niching)
- All of the above
- Once the direction (mission/vision) is set for the organization, the next step is to
- Develop action plans
- Determine goals/objectives
- Evaluate progress
- None of the above
- We should establish goals/objectives for
- Key areas we identified
- The values statement
- The mission statement
- The historical data
- Organizations can get support in the planning process from
- Internal planning staff
- Outside consultants
- Both a and b
- None of the above
- Objectives are short-term targets in each goal area.
- True
- False
- Objectives should not identify a specific responsible person because the entire organization is responsible for meeting objectives.
- True
- False
- Before committing to objectives and actions plans/strategies, we must be comfortable that we have
- Financial resources to meet the strategies
- Evaluated all outcomes
- Obtained every piece of data available for analysis
- All of the above
- When developing action plans we should
- Let only the executive management team develop them.
- Include clinicians and managers in the activity.
- Use only outside consultants.
- Not worry about whether we can afford the strategythe money will come.
- Mid-level and frontline managers are not involved in developing action plans.
- True
- False
- Strategic plans are living documents and planning should be an ongoing function of management.
- True
- False
- One reason that effective strategy implementation would be doomed to fail is
- The strategy has rigor, insight, vision, ambition, and practicality.
- People are sure how the strategy is to be implemented.
- The strategy is communicated on a need to know basis.
- Individuals are responsible for each aspect of strategy implementation.
- Objectives should _________ the organization but also be ____________.
- Guide; set only by the board
- Stretch; implemented regardless of cost
- Seriously considered; considered general guidelines only
- Stretch; achievable
- The board should understand the strategic plan and how it will help the organization move toward satisfying its mission.
- True
- False
- Once the strategic plan is written you do not have to worry about conducting external analysis again until the next cycle.
- True
- False
- _______________ are used when something unexpected disrupts operations.
- Strategic plans
- Contingency plans
- Budgets
- Action plans
- Updating the strategic plan on an ____________ basis helps to make sure the organization is on track to achieve its goals.
- Every 4 years
- Every 3 years
- Every 2 years
- Every year (annual)
- For a planning process to be effective, there should be shared understanding and consensus about
- The environment
- Critical issues
- Major plan outputs
- All of the above
- The strategic planning process allows for (benefits)
- Improved communication
- An opportunity to build cohesiveness among constituents
- A check to make sure the organization is on track for the future
- All of the above
- ___________ is the coordinator of the strategic planning processstructuring the process, staffing it, keeping it moving along, and overseeing its implementation.
- The board
- Physicians
- Senior management
- None of the above
- Making a smooth, effective, and ultimately successful transition from planning to implementation starts with a sound, well-understood
- Contingency plan
- Implementation plan
- Executive summary
- None of the above
- Regular progress reviews should be conducted to
- Encourage and motivate individuals and teams involved in implementation.
- Make sure that priorities stay on track.
- Allow for reallocation of valuable resources.
- All of the above.
- A nonstructured approach to implementation progress reviews often yields the best results.
- True
- False
- The balanced scorecard typically covers
- External business processes
- Potential (but not current) customers
- Financial performance
- All of the above
OPEN RESPONSE QUESTIONS
- There are 6 steps in the strategic planning process. Describe the strategic planning process using these 6 steps.
- Discuss two reasons for external analysis and two reasons for internal analysis in the planning process. How/why is a SWOT analysis is used?
- List and describe five characteristics of good objectives.
- List and describe the four factors that influence strategy selection.
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