HC239-UNIT5-DB

THIS RESPONSE MUST BE 2-3 PARAGRAPHS LONG

Understanding the importance of mission and vision and their relationship to strategy and strategic management is important. All strategic actions and direction of a firm should be driven by its mission and vision. Leaders should seek to make their mission and vision meaningful by incorporating them into their decision-making process.

• Find the mission and values statements for 4 different hospital types.
• Do their missions and values reconcile with your expectations for the type of organization?
• Do their mission and values reflect their religious teachings and mission?
• Now examine a for-profit hospital.
• Do its mission and values include the need to increase its owners’ value and maximize their earnings?
• Why do you think the missions and values are structured as they are?