Final Strategic Development - Organization is Johns Hopkins Medical

Running Head: THREATS, OPPORTUNITIES, WEAKNESSES, AND STRENGTHS

MATRIX

THREATS, OPPORTUNITIES, WEAKNESSES, AND STRENGTHS MATRIX 5

THREATS, OPPORTUNITIES, WEAKNESSES AND STRENTHS MATRIX

Ebonee Jarrell

THREATS, OPPORTUNITIES, WEAKNESSES, AND STRENGTHS ANALYSIS OF JOHNS HOPKINS MEDICAL

TOWS is a widely used tool emergent from the SWOT analysis framework that enables an analysis of strategy development by matching the Threats of the organization to the Weaknesses, and the Strengths to the Opportunities. This provides a variety of recommendations for efficient development through the risks in the contexts (Weihrich,1982).

SO Strategies

· With the good publicity that Johns Hopkins Medical has gained by being one of the most prestigious medical facilities in the world, and the need to have a better online presence, it can use the good publicity to link and be aware of the conversations regarding it.

· The institution can utilize its extensive resources to enable it to achieve its aim of expansion and develop the various medical procedures and services that it can offer.

· With an aim on racial diversity and inclusivity, the institution can make use of the professionalism associated with the staff of the institution to ensure a zero racial profiling and segregation policy.

· The facility can make use of the research division to invent new methods, vaccines and medicines to help in patient treatment, promoting and ensuring that it can integrate new technology into its operations.

ST Strategies

· The institution can make use of the good publicity to call for better security presence in its highly volatile environs, creating a more secure environment for patients, students, visitors, investors and practitioners.

· The Johns Hopkins Medical facility can uphold and promote the professionalism culture of the staff to avoid any lawsuits that may arise against the institution based on the conduct of the staff and services provided.

· With the help of the extensive resources of the institution, Johns Hopkins Medical can avoid overdependence on its suppliers and limit the effects apparent during shifts in costs, products, and needs.

· With the help of the research division, the Johns Hopkins Medical institution can invent new methods and medicines that will overcome the technology of its competitors, enabling it hold onto its clients.

WO Strategies

· Johns Hopkins Medical has been claimed to have a low tolerance for disadvantaged patients admitted to the institution, but by the inclusion of policies that promote inclusivity and restrict segregation and profiling, the institution nan be better equipped to give quality service.

· Johns Hopkins Medical has been ranked low in the combat against dread diseases prevalent in Europe and North America, the facility can make use of expansion to set aside specialized wings to deal with this.

· Johns Hopkins Medical has also been rated as low service in some specializations such as cardiology, which the institution can remedy by making use of interdepartmental cooperation to raise these ratings.

· The institution has also been termed as racially exclusive, an action that policies that promote racial diversity can fix.

WT Strategies

· The institution can offer better coverage for the disadvantaged patients admitted to the facility in order to avoid any lawsuits that can arise from this tangent.

· The institution can invest in research concerning the dreaded diseases and remedies to enable it to be able to stand up to its competitors who offer comparatively better care for those afflicted.

· Johns Hopkins Medical can also offer the specialization courses in the university and employ trained personnel to offer the surgeries and medical procedures, leading it to provide at par or better healthcare than its competition.

· The institution can provide racial diversity directives and policies to evade tags and legislative directives that may adversely affect the institution.

References

Dandage, R. V., Mantha, S. S., & Rane, S. B. (2019). Strategy development using TOWS matrix for international project risk management based on prioritization of risk categories, International Journal of Managing Projects in Business.

Navarro, E. C., Mina, J. C., & Campos Jr R. B. (2020). Strategy Development of Information Technology- Related Services Using TOWS Matrix Analysis: A Case of Neust San Isidro Campus.

Weihrich, H. (1982). The TOWS matrix- A tool for situational analysis. Long range planning, 15(2)’ 54-66.