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Write a 2-3 page executive summary that describes the importance of strategic planning, analyzes strategic core concepts for an organization, and describes the organization’s next steps. INTRODRUCTION: Note: Each assessment in this course builds upon the work you have completed in previous assessments. Therefore, you must complete the assessments in the order they are presented. Health care organization leaders need to understand the external environment in which they operate. Additionally, they need to anticipate and respond to the significant shifts taking place within that environment. An organization engages in service area competitor analysis to: Determine the geographic service area. Analyze the competitors within that service area for strengths and vulnerabilities. Assess the impact of its strategic actions against specific competitors. Anticipate potential actions a competitor might make that would endanger the organization’s market position. Analyzing competitors assists organizations in identifying their competitive advantage, the basis on which they are willing to compete with anyone. For the first assessment, you will review the most recent Environmental Scan report from the American Hospital Association (AHA) and choose one of the factors identified in the report as the basis for your assessment. You will also select a health care organization you will use for all the assessments in the course. Using the factor you selected, you will examine the importance of strategic planning in general and the importance for your selected organization. Based on that, you will describe the next steps for the organization. Reminder: Complete the assessments in this course in the order they are presented. You will complete sections of a strategic management plan in each assessment. In this assessment, you’ll select a health care organization (either your current employer or the Nor’easter Medical Center Hospital Overview [PDF] Download Nor’easter Medical Center Hospital Overview [PDF]example provided). You are highly encouraged to select your current employer on which to base your work, and if you choose this path, make sure the Learner and Employer Acknowledgement and Release Form from your workplace is completed. See the Workplace Integrated Learning resource for more information about selecting the health care organization you will use for the assessments in this course. PROFESSIONAL CONTEXT: Health care organizations have embraced strategic management and developed unique processes for their industry. Health care leaders have found that strategic thinking, planning, and managing strategic momentum are essential for coping with the health care industry’s dynamics. Strategic management has become the single clearest demonstration of effective leadership in health care organizations. Today’s health care organizations prepare themselves for the present and the future through strategic management. First, they must understand the importance of strategic planning and its key concepts and components. Health care leaders must determine if their organization’s goals align with its mission, vision, and values and if the current strategic plan has been met. Once strategic leaders are confident the mission, vision, and values are well formulated, understood, and communicated, they then focus on the activities that will make the most progress toward accomplishing the organization’s mission and move it toward realizing its vision. These activities are called strategic goals. Read More …