Strategic management planning is vital in any organization. Baker, Baker, & Dworkin, (2018) discuss six major components used in the creation of a strategic plan. Throughout the course we have focused on financial matters of the health care administrator. Upon completion of M6A2 Health Care Administrator Case Study Project Part 1 of the project, the board of directors liked what they saw and have tasked you with the creation of a revised strategic plan for the hospital for their approval. You will use the budget you created using McKee & Mckee (2017) Case Study 13.3: North Side Hospital for your financial information and plan.

• Review the Case Study 13.3: North Side Hospital
• Review the Excel workbook tab “M6A2” – completed Cash Budget Form.
• Write a strategic plan for North Side Hospital using all components:
  • Mission Statement
  • Vision Statement
  • Organizational Values (for example, teamwork, compassion, community, etc.)
  • Goals – create a minimum of 3 goals
  • Objectives – create a minimum of 2 objectives per goal. Include at least one situational analysis (SWOT) for the objective you believe is your most important objective for the hospital to focus on.
  • Performance plans for the objectives– create a minimum of 2 action plans for each objective and include the tools you will measure performance for accountability and timeliness of the initiatives.
  • Include benchmarks for your goals (bullet points are recommended).
  • Integrate in your plan at least one goal to be used for financial planning projections using the budget sheet. Remember, you must be realistic and work within your cash flow (for example, you may need to collaborate with another organization in the community to share costs, if needed).
  • Based on what you learned in this assignment, what, in your opinion, would be the main focus for North Side Hospital in a five-year strategic plan?

Paper Guidelines:

Your paper should be a total of 3,1/2 – 5 pages long. Use of headings in your paper is required. You must apply your readings, including the textbook and a minimum of 2 other readings assigned in your syllabus. Please put your name on the first page of your paper, and in the file name. You will cite all references using APA 6 Style. Please refer to the Excelsior OWL “Research Corridor” Resources. Click “Documenting” for the “APA Style” and the “APA Citations” links.

Compose your work in a .doc or .docx file type using a word processor (such as Microsoft Word, etc.) and save it frequently to your computer. For those assignments that are not written essays and require uploading images or PowerPoint slides, please follow uploading guidelines provided by your instructor.

Check your work and correct any spelling or grammatical errors. When you are ready to submit your work, click “Upload Submission.” Enter the submission title and then click on “Select a file to upload.” Browse your computer, and select your file. Click “Open” and verify the correct file name has appeared next to Submission File. Click on “Continue.” Confirm submission is correct and then click on “Accept Submission & Save.”

Turnitin

This course has Turnitin fully integrated into the course dropbox. This means that you should only submit your assignments to the dropbox below. Please do not submit your assignment directly to Turnitin.com.

Once submitted, your assignment will be evaluated by Turnitin® automatically. You will be able to view an Originality Report within minutes of your first submission that will show how much of your work has been identified as similar to other sources such as websites, textbooks, or other student papers. Use your Originality Report as a learning tool to identify areas of your assignment that you may not have cited appropriately. You may resubmit your assignment through this dropbox as many times as you need to check to see if you have made improvements, until the due date of the assignment. However, once you have made your first submission, you will need to wait 24 hours after each subsequent submission to receive a new Originality Report. Plan accordingly as you draft your assignment. Once the due date has passed, your assignment submission will be considered final.

Evaluation

This assignment will be graded using the (Rubric Name) located on the Course Rubrics page within the Start Here section of the course. Please review the rubric prior to beginning your work so that you ensure your submission meets the criteria in place for this assignment. Collectively the case study assignments are worth 25% of your final course grade.