2. Chapter 5
STRATEGIC PLANNING

3. Figure 5-1: Strategic Planning
Process

4. Strategic Planning Process
• SWOT Analysis
• Strategy Identification and Selection
• Strategy Tactical Plans
• Rollout and Implementation
• Monitoring and Control
• Feedback

5. Situational Assessment
• Market Assessment
– Healthcare Workforce
– Consumers and Payers
– Innovations in Technology
– Regulatory Environment
– Competitive Rivalry
– Market Volume Forecast

6. Situational Assessment
• Organizational Assessment
– Organizational Volume Forecast
– Financial Condition
– Strategic Performance
– Core Capabilities

7. Situational Assessment
• Mission
• Vision
• Values

8. Figure 5-2: Market Assessment
Model

9. Strategy Identification and
Selection
• Scenario Exploration
• Assumptions
• Financial Targets
• Resource Matching
• Outcomes

10. Strategy Tactical Plans
• Implementation Steps
• Timeframes
• Results

11. Rollout and Implementation
• Board Approval/ Endorsement
• Operating Plan
• Marketing Plan
• Facilities Plan
• Capital Plan

12. Monitoring and Control
• Dashboard