As a healthcare organization, it is a hospital’s aim to provide the proper and adequate health care to its customers, the patients. Yes, they might be big and daunting institutions and they might seem to make a lot of money, but then nothing can be farther from the truth. The truth is most hospitals just break even. Surely, running a hospital service templates can cost a lot of money. With all the machinery that is needed to run the facilities of the hospital, the electricity bill alone could be astronomical. You may also see plan Templates.
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Hospital Strategic Plan Template
Nursing Strategic Plan Template
That does not even include the cost of maintaining these facilities. It is no wonder that among other reasons, the US has seen the most number of hospital closures in recent years. The hospitals most affected by this are those in the rural sector. You may also see Strategic Plan Templates.
Healthcare Strategic Plan Template
If hospitals want to continue what they are doing and still be able to provide care to patients, it is imperative that they manage themselves carefully. It is imperative that they take a look at themselves, realize their shortcomings, and allocate resources properly. It is imperative that they know what they are doing and what they should be doing. It is imperative that they have a strategic samples. You may also see sample strategic plan.
Foundation Strategic Plan Template
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Hospital Foundation Strategic Plan Sample
Recently, some people say that strategic planning is dead. They argue that due to how volatile and unpredictable the world has become, planning a strategy long term, like say 5 years, is no longer as viable as before. There are still values in formulating strategies. Besides, strategic planning should not “die” because even if it does, the problems that created the need for strategic planning in the first place will not die with it. No, strategic planning should not die, rather it should evolve and adapt to how the world works now. Strategic planning should continue to exist because there is a greater need for them now more than ever.
Why Strategic Planning Matters to Health Care Organizations
Strategic planning matter to healthcare organizations because:
1. Increasing number of customers that are informed, demanding and unloyal customers
It is much easier to do research now because of the internet. With this ease of research, patients are more informed of what they need and what they should have. It is only right as the growing cost of everything, they need to make sure they get every bang for their buck. They make sure that they get the best care that they need at their price. If they don’t, it has become easier for them to find a better alternative. A patient’s decision will have consequences for the finances of the hospital. You may also see free strategic plan templates.
2. Increasing number of professional and skilled competitors
It is just as easy as to update information as to obtain them. With updated information comes continuous training. These things have led to an increase of qualified and trained professionals that work outside of major institutions like hospitals. These professionals have a high level of specialization and excellence that make them a viable alternative to patients and viable competitors to hospitals. You may also see implementation plan.
3. Limited resource for production
With an increase in population comes a greater need to spread resources. Thus, there is no need to explain that resources have become low, and a tad more expensive. Resource management is becoming an integral part for the survival of a health organization. In times of limited resources, those who can manage theirs efficiently are the only one who can survive.
4. A shift in focus from product and service to clients
In healthcare today, the service and the product just isn’t enough. How the services and products are delivered to patients now matter just as much. Patients now know what they should be getting and as such how a hospital delivers its care is becoming an important factor of which hospitals they choose to go. The amount of how patient satisfaction matters is at an all-time high.
5. Size and complexity
Due to the rise of the population, hospitals too, need to increase in size physically. Along with the discoveries of new diagnostic and treatment options needed to keep the hospital relevant, running one has become more complex. Without the proper management tools to guide its operation, a hospital might be making missteps after missteps that would eventually lead it to crumble. You may also see strategic plan samples.
Hospital Strategic Plan Example
Hospital Master Strategic Plan Sample
Benefits of Hospital Strategic Planning
1. A Lighthouse in the Storm
With such a stormy world the industry of healthcare has become, it is easy to get lost in the sea of chaos. A good strategic plan can become the lighthouse that will guide the organization to clarity. For employees, doctors, and stakeholders, they want to make sure that the boat they are riding knows where it is headed. Included in the strategy is the vision of where the organization sees itself in the future. Without a direction, the organization can go anywhere and that includes going nowhere at all. Remember the saying “If you stand for nothing, you’ll for anything.” Same goes for an organization.
2. Operating Through Vision Rather Than Circumstance
It is easier to live through day to day than to live with the future in mind. It is tempting for an organization to do just the same. However, to live through circumstance is just to address the situation by way of stop gaps. They might work today but they may not work tomorrow. To operate in a vision is to know where you are going and to know it clearly. That does not make it that a strategic plan should not be flexible. It should still be so. The plan should be flexible but not so flexible that it loses its vision. You may also see IT strategy plan templates.
3. Motivation for Employees
If the leader makes up the head of the organization, the employees make its body. Behind a successful and thriving organization are employees motivated to make it run. The strategic plan which provides the direction and vision of where an organization intends to go gives the employees knowledge an idea if their vision aligns. If the employees know that they are working for an organization that shares their view of the future they will work hard to make that future possible, even giving more than what is required of them. You may also see school strategic plan templates.
4. Transformational Leadership and Accountability
Transformational leadership is a leadership that inspires its members and is inspired by the members. In a transformational leadership, the leaders and members feed off of each other for better management. Transformational leaders know how to value their employees and let them know their places in helping in the company’s success. Just as it is essential for a leader to know his responsibilities to ensure a brighter future, it is also the same for the employees to know theirs. Thus transformational leadership brings vision and accountability. You may also see sample strategic planning.
5. Organizational Collaboration
If a unit has one single vision to work for, it is easier for them to work for it together. With accountability brings harmony in the organization. With a plan, it is easier for organizations to collaborate. Teamwork is essential for hospitals to run their best. It is essential to improve on their critical areas of operation. The strategic plan can be a powerful tool to align the organization and foster organizational collaboration. Still, to ensure that these collaborations do not fail, communication is key. You may also see non-profit strategic plan templates.
Printable Strategic Plan Sample
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Urban Health Strategic Plan
Outcomes of an Effectively Applied Strategic Plan
Strategic plans were created for a reason. That reason is that they bring results. Although the execution of the strategic plan can take a lot including organization, accountability, and teamwork, it can produce benefits for the institution that it was planned for. You may also see strategic life plan templates.
Furthermore, if the strategic plan is executed properly and perfectly it could generate a few key outcomes that are as follows:
- Definition, development, and sustenance of a value advantage
- A meaningful differentiation
- Resources that are focused. Resources that are allocated and aligned properly.
- Understanding, insight, and commitment to the organization
- Drives effective implementation and accountability
These outcomes provide a clear case of maintaining a strategic plan amidst the argument that strategic planning is already dead and obsolete. You may also see marketing strategy templates.