According to one author, to gain an advantage, an organization relies on a goal-driven strategic-management process...
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According to one author, to gain an advantage, an organization relies on a goal-driven strategic-management process to analyze its current capabilities and its operating environment, identify long-term threats and opportunities, and marshal the company's resources to address them. Strategic management maintains the alignment of a company's activities and resources with its vision, mission and strategy to improve financial and operating performance. It provides a means to convert a strategic plan to a framework that provides feedback for decisions and actions and allows the strategic plan to evolve as a company's operating environment, objectives and operating requirements change (Nordmeyer, n.d.). The first step of the strategic management process is strategic planning, which requires your healthcare organization to develop a vision and mission, identify priorities and develop an action plan (Nordmeyer, n.d.). Strategic management maintains the alignment of a company's activities and resources with its vision, mission and strategy to improve financial and operating performance. It provides a means to convert a strategic plan to a framework that provides feedback for decisions and actions and allows the strategic plan to evolve as a company's operating environment, objectives and operating requirements change (Nordmeyer, n.d.). The first step of the strategic management process is strategic planning, which requires your organization to develop a vision and mission, identify priorities and develop an action plan (Nordmeyer, n.d.). Your job is to provide sound strategies that will address these issues and give your healthcare organization a competitive advantage by considering the following strategic management process: Ensuring the mission and vision are being adhered to; Identifying the priorities from the list above; Identify short-term goals, funct al strategies, and success measures address the iss listed above (should all be addressed or the top few on the list of priorities); How you would implement the strategies; and How to evaluate and monitor progress Be specific: What is your strategy, how will you measure, and what is the outcome? Please consider your format carefully, think of the reader's ease in following your recommendations Requirements Your action plan should be prepared as a Microsoft Word document. There is no minimum or maximum in terms of the word count or pages. However, the response should explicitly address all the required components of this assignment. There should be a minimum of two scholarly references to support your action plan. According to one author, to gain an advantage, an organization relies on a goal-driven strategic-management process to analyze its current capabilities and its operating environment, identify long-term threats and opportunities, and marshal the company's resources to address them. Strategic management maintains the alignment of a company's activities and resources with its vision, mission and strategy to improve financial and operating performance. It provides a means to convert a strategic plan to a framework that provides feedback for decisions and actions and allows the strategic plan to evolve as a company's operating environment, objectives and operating requirements change (Nordmeyer, n.d.). The first step of the strategic management process is strategic planning, which requires your healthcare organization to develop a vision and mission, identify priorities and develop an action plan (Nordmeyer, n.d.). Strategic management maintains the alignment of a company's activities and resources with its vision, mission and strategy to improve financial and operating performance. It provides a means to convert a strategic plan to a framework that provides feedback for decisions and actions and allows the strategic plan to evolve as a company's operating environment, objectives and operating requirements change (Nordmeyer, n.d.). The first step of the strategic management process is strategic planning, which requires your organization to develop a vision and mission, identify priorities and develop an action plan (Nordmeyer, n.d.). Your job is to provide sound strategies that will address these issues and give your healthcare organization a competitive advantage by considering the following strategic management process: Ensuring the mission and vision are being adhered to; Identifying the priorities from the list above; Identify short-term goals, funct al strategies, and success measures address the iss listed above (should all be addressed or the top few on the list of priorities); How you would implement the strategies; and How to evaluate and monitor progress Be specific: What is your strategy, how will you measure, and what is the outcome? Please consider your format carefully, think of the reader's ease in following your recommendations Requirements Your action plan should be prepared as a Microsoft Word document. There is no minimum or maximum in terms of the word count or pages. However, the response should explicitly address all the required components of this assignment. There should be a minimum of two scholarly references to support your action plan.
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Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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