Assignment 5

Assignment-Strategic Action Plan

Use your completed strategy map to formulate functional-level strategy for the primary business functions included in your plan. Functional-level strategies are the action plans used by departments within organizations to support the execution of business-level strategy at the managerial level. Create a 500-750 word action plan that addresses the following:

1. Identify which management tactics and strategies you will implement to meet your strategic goals for each of the stakeholders, departments, or business functions impacted by your plan: MBO, MBM, single-use or standing plans, competitive advantage, contingency planning, building scenarios, crisis planning, and innovation.

2. Provide an explanation of how you will apply managerial decision-making methods throughout your action plan.

3. Which business functions will be impacted by your action plan? What tactics will you use to manage implementation across business functions? What can you do to enhance collaboration/cross-functionality to ensure the success of your plan?

4. Identify leadership strategies you plan to implement throughout the execution of your action plan. In particular, explain which strategies you would implement to foster team collaboration among the multiple stakeholders who must collaborate to successfully implement the plan. Why do you think these will be successful?

Strategic Goal: To have all patients who have active discharge orders to discharge (leave the hospital) by 11 o’clock am over the next three months. All physicians that do so will be recognized before hospital board members, other physicians and hospital staff.

Strategic Map

Accomplish Mission; Discharge Patients by 11 O’clock am

Financial Increase room Increase hospital

Performance turnover revenue

Goals:

Customer decrease the time Increase patient

Service patients wait in the Satisfaction

Goals: Emergency Dept

for an open bed

Internal maintain healthy maintain healthy

Business patient-hospital nurse-physician

Process relationships relationships

Goals:

Learning and Educate staff Educate patient

Growth on identifying and family members

Goals: barriers early on preferred discharge

Times

Stakeholder Analysis