All discussion 2

D1: Strategic Analysis of the Mayo Clinic

Module 5

We will now apply a portfolio analysis to a healthcare organization.

Visit the Mayo Clinic website and review the services provided. You will practice applying the portfolio quadrants.

An active discussion is the key to an interesting and engaging online course. Discussion in this course is designed to simulate a classroom discussion. As others join in the discussion, you should read what has already been posted and continue with the discussion from there. We will go through the questions one at a time, moving on to the next question once we have fully explored the current question. I will guide you through the discussions.

The first question is based on your own experience and what you have learned over the first half of the term so that you can begin the discussion immediately without having completed all of the assigned readings. You must apply your assigned readings to subsequent questions.

Based on your experiences, prior learning, and/or opinion:

Based on what you have learned over this term so far, in your opinion, what might be some risks and advantages in having a healthcare product or service with high market share, and yet low profits?

Now applying what you have learned from the readings, let’s go through the rest of the discussion together, one question at a time.  

The following questions involve doing a portfolio analysis. Use the Mayo Clinic website and the dimensions in Exhibits 7.9 and 7.10 in your text as a framework. You must apply your readings in your responses.

Choose several services from the Mayo Clinic website. Identify how these services fit into one or more of the adaptive strategic alternatives for a quadrant in the expanded portfolio matrix. Describe your reasoning behind your choices.

Based on the examples you chose, identify appropriate adaptive strategic alternatives for each quadrant in the expanded portfolio matrix.

Try not to duplicate one another’s responses. If you see that a classmate has already addressed the same services, please select at least one new one. This will allow us to maximize the learning.

Finally, let’s talk about program evaluation. Program evaluation is especially useful in organizations where market share, industry strength, and competitive advantage are not particularly important or are not relevant. Such organizations are typically not-for-profit, state or federally funded institutions such as state and county public health departments, state mental health departments, Medicaid agencies, community health centers, and public community hospitals. What are the benefits to using program evaluation for these type of institutions in the development of adaptive strategies? What are some barriers to accomplishing this?   Please provide examples from the Mayo Clinic or other organizations you may be familiar with.

What are some of the critical factors for determining the importance of programs within a not-for-profit organization?

Consult the Discussion Posting Guide for information about writing your discussion posts. Be sure to check your work and correct any spelling or grammatical errors before you post it. When you are ready to post, click on the "Reply" button for a new thread or "Reply" beneath an existing post to respond to the post. Then, copy/paste the text from your document into the message field, and click "Post Reply."

Evaluation

Please read the latest Health Sciences Discussion Rubric  

Download Health Sciences Discussion Rubric

and the new Health Sciences Discussion Guidance. These documents lay out the basis for how you should engage in discussions and how you will be evaluated. Discussions are worth 30% of your final grade.