How will a company execute a strategy effectively in a medium-sized hospital. Introduction: Strategic implementation is the process planning, allocating and controlling resources to support the chosen strategy. There are many aspects the administer of the hospital has to consider to change to a drug dependency hospital from as short-term, acute-care facility. The administer has to create a business plan as it is a great transformation process. A business plan is a written document that describes a business, its objectives and strategies, the market it is and its financial structure and forecasts.

Question

As an administrator for a medium-sized hospital, you and the boards of directors have decided to change to a drug dependency hospital from a short-term, acute-care facility. How would you go about executing this strategy? Please propose your answer.As an administrator for a medium-sized hospital, you and the boards of directors have decided to change to a drug dependency hospital from a short-term, acute-care facility. How would you go about executing this strategy? Please propose your answer.

Answer 1

Question

Chapter 8, Problem 8DQ

Summary Introduction

To determine:

How will a company execute a strategy effectively in a medium-sized hospital.

Introduction:

Strategic implementation is the process planning, allocating and controlling resources to support the chosen strategy. There are many aspects the administer of the hospital has to consider to change to a drug dependency hospital from as short-term, acute-care facility. The administer has to create a business plan as it is a great transformation process. A business plan is a written document that describes a business, its objectives and strategies, the market it is and its financial structure and forecasts.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

As an administrator for a medium-sized hospital, you and the boards of directors have decided to change to a drug dependency hospital from a short-term, acute-care facility. How would you go about executing this strategy? Please propose your answer.As an administrator for a medium-sized hospital, you and the boards of directors have decided to change to a drug dependency hospital from a short-term, acute-care facility. How would you go about executing this strategy? Please propose your answer.

To begin this discussion, introduce yourself to your classmates and instructor. Briefly discuss your background, describe your professional goals, explain what you hope to gain from this course, and share what you enjoy doing in your free time. Then, to continue your initial post, consider how strategic management and policies are important to the healthcare environment and respond to the following: Do policies impact the culture and procedure of a healthcare organization? How does strategic management impact the organization's mission and vision?

The potential advantages and disadvantages of leveraging nonprofit partnerships for potential emergency events?