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business
strategic management
Essentials Of Strategic Planning In Healthcare 3rd Edition Jeffrey P. Harrison - Solutions
Apply the benchmarking process to a function or an activity AppendixLO1
Explain how strategic information systems are being utilized to support specific strategies AppendixLO1
Discuss the issues with measuring organizational performance and how organizations can establish proper controls to achieve objectives.AppendixLO1
Explain why ROI might not be the best measure of firm performance.AppendixLO1
What are the best methods for evaluating the performance of the top management team?AppendixLO1
Why is strategic control important in monitoring the process of strategy implementation?AppendixLO1
What are some examples of behavior controls?Output controls? Input controls?AppendixLO1
Why is EVA an important component of the strategic management process?AppendixLO1
Is the balanced scorecard a useful tool for developing, controlling and enhancing the strategy implementation process of an organisation? Why or why not?AppendixLO1
Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible?AppendixLO1
Pick your favorite clothing brand. What brand extension opportunities can you identify for it? Which, according to you, would fail?
Defi ne the different types of brand extensions. LO9
List the main advantages and disadvantages of brand extensions. LO9
Summarize how consumers evaluate extensions and how extensions contribute to parent brand equity. LO9
Outline the key assumptions and success criteria for brand extensions. LO9
Do you think Virgin’s brand is overextended? What are the arguments for or against? LO9
How successful do you predict these recently proposed extensions will be? Why? LO9a. Mont Blanc (famous for pens): fragrances and other accessories (watches, cufflinks, sunglasses, and pocket knives)b. Evian (famous for water): high-end spasc. Starbucks (famous for coffee): film production and
Consider the following brands, and discuss the extendability of each: LO9a. Harley-Davidsonb. Red Bullc. Tommy Hilfi gerd. Whole Foodse. Netfl ixf. U.S. Marines g. Grey Goose Vodka h. Victoria’s Secret i. BlackBerry j. Las Vegas k. Kate Spade
Explain why strategic management is important. L01
Explain what strategic management is. L01
Explain who's involved with strategic management. L01
Discuss the three important factors impacting strategic management today. L01
Define strategy and strategic management. L01
Describe the strategic management process. L01
Describe the three types of organizational strategies. L01
Explain the historical evolution of strategic management. L01
What do you think of the idea of directors reaching out to shareholders? L01
What advantages and drawbacks might there be from such a practice for both the company and board members? L01
What do you think of L'Oral's strategies in light of today's environment? L01
How might strategic management be useful? L01
Relate these nine "war" principles to what an organization does as it "battles" in the marketplace. Can they be applied? Explain. L01
Do you think "flexibility" needs to be added as a principle of war especially when considering today's environment? L01
Explain the role of the board of directors in strategic management. L01
Discuss how top managers can be effective strategic leaders. L01
Describe the role of other managers and organizational employees in strategy. L01
As a business student, what do you think? L01
How would you explain this to your friends who are not business students or to the "Occupy" L01 protesters?
How about to society or to your community? L01
As a global company, what types of strategic challenges might Brabeck face in today's economic climate? L01
Another challenge Brabeck faces is the "intersection of food, politics, and environment." What do you think he's referring to? (Hint: Think of biofuels, GMOS- genetically modified crops-and demographics.) Why are these issues so important to his company's future? L01
Discuss how the global economy and globalization affect strategic management. L01
Explain the concept of corporate governance and how it impacts strategic management. L01
What is Zynga's goal? How will that goal affect the way strategies are pursued? Try to be as specific as possible. L01
How do you build a viable business getting people "to buy a bunch of things that don't exist?" L01
What do you think it will take to be successful In the game industry? What challenges does this industry face? L01
How might Pincus and his top management team use the strategic management process to continue making real profits in virtual worlds? L01
What is the Disney Difference, and how does it affect the company's corporate, competitive, and functional strategies? L01
What challenges do you think Disney might face in doing business in Russia? In China? How could Iger and his top management team best prepare for those challenges? L01
"The steward of the entire Disney brand." What do you think it means that Iger views himself as this? Is this part of being an effective strategic leader? Explain. How might it affect the company's strategy formulation, implementation, and evaluation? L01
How might Iger and his top management team use the strategic management process to "keep the magic coming" in the current economic climate? L01
Do some research on CEO succession. What advice might you have for Disney's board of directors as they prepare for this event? L01
Explain how strategic management and the strategic management process are illustrated in this case. L01
What challenges do you think MTV might face in crafting future digital and global strategies? L01
What are some performance measures that MTV's strategic decision makers might use as they evaluate the results of their digital and global strategies? L01
What challenges might a change In strategic leadership bring to a company? How might this affect the strategic management process? L01
Do you think strategic management has contributed to the Clorox Company's success? Why or why not? L01
Given the information included in this mini-case about the Clorox Company, at what step in the strategic management process do you think it excels? Explain your choice. L01
How might Donald Knauss use strategic management to manage the challenges facing his company? L01
Update the information on the Clorox Company by logging on to the company's Web site. How big is Clorox now in terms of sales? In terms of number of employees? What new strategies is it pursuing, if any? L01
Discuss the benefits of strategic management AppendixLO1
Explain how globalization, innovation, and environmental sustainability influence strategic management AppendixLO1
Discuss the differences between the theories of organizations AppendixLO1
Discuss the Activities where learning organizations excel AppendixLO1
Describe the basic model of strategic management and its components AppendixLO1
Identify some common triggering events that act as stimuli for strategic change AppendixLO1
Explain strategic decision-making modes AppendixLO1
Use the strategic audit as a method of analyzing corporate functions and activities AppendixLO1
Why is strategic management considered important for global market competition?AppendixLO1
What is the impact of sustainability on business practice?AppendixLO1
Define strategic flexibility and explain its implications.Why is organizational learning important to the long-term development of strategic flexibility of organizations that intend to enter overseas markets?AppendixLO1
What is a triggering event? List a few triggering events that stimulate strategic changes.AppendixLO1
What changes do you think this might cause in the immediate task environment for a business operating within the financial service industry? Look at the Financial Times online for information.AppendixLO1
How do these changes impact on corporate, business, and functional level strategies of financial service businesses? Are these changes going to affect you as customers?AppendixLO1
How do you think a learning organization would act in this dynamic environment? What survival chances do the stagnant organizations have?AppendixLO1
develop an understanding of the healthcare system and its organizational complexity, including the role of healthcare leaders as they make decisions and formulate strategy;
understand the importance of board and medical staff leadership;
understand the role and importance of organizational structure and governance;
discuss complex issues in the healthcare industry from the perspective of previous leadership literature;
apply leadership and managerial principles to organizational and system-wide problems in healthcare;
Evaluate this statement: “The board of directors has fiduciary responsibility for organizational resources.” From your own experience, give an example of the impact a board can have on organizational performance.
In healthcare organizations’ attempts to enhance their leadership, what roles do the board of directors, senior leaders, and physicians play?
Adequate reimbursement levels are an important consideration in the strategic planning process. Discuss the recent trends in HMO, PPO, and ACO development and the impact they have on the process.
Culture is a collection of values shared by a group of people. Discuss important attributes of organizational culture in healthcare.
Discuss the role of the board of trustees in providing oversight to CMC. Has the board met its fiduciary responsibility?
Does the CMC board regularly monitor performance? If so, how and how often?
Does the CMC board hold management accountable for achievement of the strategic plan? If so, how?
Recommend changes to the role of the board as well as types of members who should be appointed to the board.
CMC’s past CEO Don Wilson provided leadership to a highly successful healthcare organization for more than 20 years and was considered a visionary. Develop a list of five areas in which you think Wilson’s performance was particularly outstanding.
Does the quality of the new leadership at CMC set the stage for future success?
Identify the organizational structure (e.g., for-profit, not-for-profit, federal) and specialty (e.g., medical and surgical, psychiatric, children’s) of the hospital you are most interested in. Why do the mission, vision, and culture of that organization interest you?
What skills, education, qualifications, and experiences will be most important for your future success?
Project the next three years in terms of your selected career. What skills and qualifications are required for you to excel during this time? Which of these do you particularly need to strengthen?
Describe the basic qualities of leadership discussed in this chapter. What qualities do you think will contribute most to the success of individuals in supervisory or leadership positions? Do you think you possess some of the basic qualities necessary for future success in the same supervisory or
apply basic principles of marketing to healthcare products and services;
identify social, environmental, and fiscal factors affecting healthcare marketing;
assess current market trends in the healthcare marketplace;
evaluate criteria for implementing marketing strategies;
describe the theories foundational to marketing; and
provide examples of how marketing theory is applied in health management.
Evaluate the idea that healthcare marketing is an annual process done by senior leadership with limited involvement from key stakeholders.
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