Health Care Strategic Management Class Week 1 Planning

Read the following: The leader
of a local health care organization, Ken Janowski, has noticed other health
care organizations successfully incorporating strategic management practices.
Ken is considering using strategic management for his health care organization.
He has hired you to research what the strategic planning development and
implementation process is and to address why it helps organizations be
successful.

Write a 700- to 1,050-word report
of your findings in which you answer the following questions:

  • What are the major components of strategic management,
    and why is each component needed for success?
  • How are an organization’s mission and values important
    to strategy formulation?
  • What benefits does a strategic management process bring
    to a health care organization?
  • How does strategic management affect organizational
    decision making and financial performance?

    • How does strategic management
      affect the way an organization responds to its environment?

Cite a minimum of two scholarly
references to support your information.

Format your report consistent

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