Healthcare Informatics Essay

910 Words4 Pages
Nursing Leadership and Strategic Planning Describe how the strategic planning process is conducted and implemented. The Governing Board of a hospital/health system is responsible for the hospital is planning process. The hospital that the author works for is the Virtua Health System and the person that is responsible with the help of other leaders is Mr. Richard Miller who is the chief executive office (CEO) of the hospital. A strategic planning process must be established to position the hospital/health system in a rapidly changing environment (Galbraith & Kazanjian, 2000). Strategic planning is the process of determining what an organization wants to be in the future and how it will get there. Hospitals that develop and implement strategic plans tend to be more successful than those that do not. Strategic planning is different from short-term or operational planning. Operational planning usually focuses on an annual cycle and requires the development of yearly objectives and plan (Thompson, 2004). This becomes part of the annual budgeting process. Operational plans lay out how the hospital will move toward its future during that year. Strategic planning requires that choices be made about your hospital’s future. The Importance of Strategic Planning A hospital/health system should plan for its future to 1. Improve the hospital’s performance 2. Determine the hospital’s future direction 3. Provide high quality health care services 4. Optimize resource allocation 5. Meet accreditation and regulatory requirements 6. Meet the hospital’s vision and mission statement 7. Maximize its chances for success (Kotter & Schlesinger, 2006) How are the organization’s vision, mission and culture reflected on the strategic plan? Strategic Planning Change is an essential component of strategic planning. This involves moving the

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