Plan

PART I – develop an essay to address the following information:

• Reflect on the mission, vision, values, and goals of your healthcare organization and provide examples of how individual employees, departments, and work units support all four of these as a foundation for directional strategies.
• Describe positive and negative aspects of abandoning traditional healthcare strategic planning processes and adopting a contemporary approach.
• How does complexity influence budget strategies and their implementation? Give examples.
• Discuss the process of external and internal environmental analyses, and then speculate on scenarios that may result if these steps in strategic planning are omitted or are not done well.
• Discuss mechanisms that nurse manager can use to ensure they make the best decisions for supporting the financial goals of the organization.

PART II – develop a Business Plan

• Identify an opportunity for implementing a new service or a cost-reducing idea in your organization and write a business plan to describe your idea: explain the need (why) for it, identify stakeholders (who) will be impacted, discuss the benefits versus the disadvantages, describe the costs/expenses for the idea, and outline the implementation plan.