Signature Assignment: Strategic Plan

Signature Assignment: Strategic Plan

NOTE: This is a continuation for Healing Hands Long-Term Acute Care Hospital

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This will be a compilation of the past five weeks’ work on the Healing Hands LTCH strategic plan breakdown. A clear Strategic Planning Model needs to be identified (see attachment). There is no word count, but all bullets must be completed.

(Suggestion: Use each bullet as a level one heading with supplemental bullets as level two according to APA)

Note: This is a continuation for Healing Hands Long-Term Acute Care Hospital

Title: Signature Assignment: Healing Hands LTCH Strategic Plan

Compile all parts into one final strategic plan as follows:

  • Introduction
  • Describe the strategic planning model you have chosen for your organization.
      • (See Note on Organizational Structure attachment)
  • Organizational Structure
    • Analyze the framework of a strategic plan.
    • Evaluate the relationship between the strategic plan and organizational mission, vision, and values. Signature Assignment: Strategic Plan

  • Environmental Analysis and Setting Strategic Goals
    • Include your SWOT Analysis.
    • Evaluate the significance and implications of an external environmental analysis in the development of a strategic plan.
    • Analyze evolving external issues that can have an impact on the strategic plan.
    • Evaluate benefits of competitive analysis as part of the strategic planning process.
  • Financial Plan
    • Evaluate the impact of internal resources and financial capabilities on the business model implementation.
    • Create a financial plan that includes the key elements needed to support the implementation of a strategic plan.
      • Include your projected budget.
  • Implementation
    • Develop a communication plan that supports and manages the implementation strategy.
    • Choose methods and strategies to support implementation processes.
  • Evaluation and Control
    • Determine what measurement guidelines should be used to verify strategy effectiveness.
    • Explain when you would consider altering the strategic plan you have suggested if implementation does not go according to plans.
    • Determine what tolerance range should be in place that would call for corrective action if exceeded.
    • Determine what corrective action you need to make if the organization’s performance fell outside the tolerance range.
  • Conclusion

Include at least 5 in-text citations – peer-reviewed, scholarly, or similar resources to support your information. (No Wikipedia, use only trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).  Format the paper according to APA guidelines.

Signature Assignment: Strategic Plan

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