$5-Assgn

Readings

· Course Text: Managing Health Care Business Strategy

·

. Chapter 6, “Defining Future Direction of the Organization" Note: This chapter was assigned in Week 2. Some of the content is applicable to this week's focus.

. Chapter 7, “ Formulating Corporate-Level Strategy" This chapter examines portfolio analysis and management in corporations that have more than one business unit.

. Chapter 8, “ Formulating SBU-Level and Functional Area Strategy" This chapter addresses the formulation of strategy for a particular business unit in a corporation or within a stand-alone/single-focus organization. It describes the integration of an SBU’s strategy with its parent corporation’s.

· Course Text: Brassard, M., & Ritter, D. (2010). Memory jogger 2: Tools for continuous improvement and effective planning. (2nd ed.). Salem, NH: GOAL/QPC. Browse through this text (especially the "Working with Ideas" section); you will need this primarily for the Application Assignment.

· Article: Sollenberger, D. K. (2006). Strategic planning in healthcare: The experience of the University of Wisconsin hospital and clinics. Frontiers of Health Services Management, 23(2), 17–31. Retrieved from http://ezp.waldenulibrary.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=23450761&site=ehost-live&scope=site This article outlines the strategic-planning process that is addressed throughout this course. As you read it, allow the information to provide a framework for how you think about strategy formulation as well as the other phases of the process. What insights are most important for those involved in strategic planning and management?

· Article: Beckham, D. (2010). Physician involvement in hospital strategic planning. Trustee: The Journal for Hospital Governing Boards, 63(6), 6-7. Retrieved from http://ezp.waldenulibrary.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=mnh&AN=20632641&site=ehost-live&scope=site This article discusses the importance of “ownership" and the reason physician involvement is so important for strategic planning.

Read all of the following case studies; your instructor will assign one to be the focus for your Discussion.

· Case Study: Zuckerman, A. M. (2008). What would you do?: Is this system's smaller hospital a keeper?. hfm (Healthcare Financial Management), 62(6), 112–114. Retrieved from http://ezp.waldenulibrary.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=34000850&site=ehost-live&scope=site

· Case Study: Zuckerman, A. M. (2007). What would you do?: Should this successful integrated system divest one of its business units?. hfm (Healthcare Financial Management), 61(12), 94–9 5. Retrieved from http://ezp.waldenulibrary.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=27796125&site=ehost-live&scope=site

· Case Study: Zuckerman, A. M. (2008). What would you do ? What type of expansion makes sense?. hfm (Healthcare Financial Management), 62(10), 122–124. Retrieved from http://ezp.waldenulibrary.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=34786715&site=ehost-live&scope=site

Optional Resources

· Article: Orlando Health. (2008). Community benefit report. Retrieved from http://orlandohealth.com/pdf%20folder/comm_benefit_report08.pdf

· Article: Invest-Tech Limited. (2009). Business planning papers: Developing a strategic plan. Retrieved from http://www.planware.org/strategicplan.htm

· Article: Invest-Tech Limited. (2009). Free online strategic planner. Retrieved from http://www.planware.org/strategicplanner.htm

· Article: Mind Tools, Ltd. (2010). Affinity diagrams. Retrieved from http://www.mindtools.com/pages/article/newTMC_86.htm

· Article: Mind Tools, Ltd. (2010). Brainstorming. Retrieved from http://www.mindtools.com/brainstm.html

· Article: Mind Tools, Ltd. (2010). Cause and effect diagrams. Retrieved from http://www.mindtools.com/pages/article/newTMC_03.htm

· Article: Mind Tools, Ltd. (2010). Running effective meetings. Retrieved from http://www.mindtools.com/CommSkll/RunningMeetings.htm