Module 02 Project - Analysis
Running Head: PROJECT PLANNING 1
PROJECT PLANNING 5
Project Planning
Krista Kim
Rasmussen College
Author Note
This paper is being submitted on January 3rd, 2018, for Kim Sanders’s H490/HSA4922 Section 01 Healthcare Management Capstone - Online Plus - 2018 Winter Quarter
Project Planning
The healthcare industry is a dynamic field that keeps ob changing rapidly. In the last few decades planning for the future has become more and more important so that healthcare organizations can overcome future challenges and become successful. By planning for uncertainties, healthcare organizations become better equipped for the things that may come along its way (Cicchetti, 2003). Form the structural side of running the organization, to financial decisions; planning is a necessary undertaking. The strategic plan of a healthcare organization allows for more flexibility and efficiency in all activities of the practice of running the business regardless of size.
The meaning of strategic planning in healthcare
This is the formulation of goals and creation of objectives regarding where a company would like to be in future and then to come up with an action plan regarding specific strategies. At times it involves the evaluation of who has control over what and the creation of hierarchies. The formulation of a strategy to meet the goals and objectives does allow staff at every level to have passion and drive that is needed to motivate them (Cicchetti, 2003).
Advantages of Healthcare strategic planning
The advantages of healthcare strategic planning include,
1.) Improving on key areas like the culture of the company, objectives and goals, Risk management, Service line decisions, capital planning and cost accounting.
areas of focus for Barbara's strategic plan
The issues that should be at the forefront when formulating the strategic plan include,
Looking at the financial goals of the firm and determining if the proposed changes will create any desirable impact. The plans should be evaluated for any positive returns and the implication should be keenly analyzed. This analysis will ensure that only changes that are considered to have positive financial implications will be implemented.
Another aspect worth considering is the area of organizational growth. The plan should identify key areas for growth. The main areas would be financial gains and value proposition for customers.
Another aspect worth considering includes the needs of the population that the facility serves. The organization should incorporate the diverse needs of the consumers in its plan and strategize on how to meet them. The organization should also study the possibility of these needs changing; the organization should, therefore, come up with a plan to change the changing needs of consumers (Horak,1997).
The other factor worth considering is how the organization will bridge the gap that will help it achieve critical factors for success.
Balancing between historical and current topics in healthcare
To ensure that there is a balance between historical and current topics in healthcare, the market must be understood first. An evidence-based practice should be used while adopting theories of planning for benchmarking. These two will ensure that the action plan is a blend of historical theories and current methods. These two will be geared towards the satisfaction of the needs of the current market (Horak,1997). The kinds of primary data that can be used to gather information include conducting surveys and interviewing relevant stakeholders; secondary data includes using sources that have already been documented. This could be the reviewing of literature about this topic. All these sources are commendable for providing insights about how to formulate the strategic plan. A balance should be struck on how to utilize both sources so that the content and subject matter would be deemed pragmatic.
REFERENCES
Cicchetti, A. (2003). Strategic planning in healthcare organizations: the role of health technology assessment. Technology, healthcare, management in the hospital of the future, ed. E. Geisler, K. Krabbendam, and R. Schuring. Westport-London: Praeger.
Horak, B. J. (1997). Strategic planning in healthcare. Quality Resources.