Time to think as a manager and respond: A strength can be thought of as an inter
ID: 432583 • Letter: T
Question
Time to think as a manager and respond:
A strength can be thought of as an internal attribute of the organization that is helpful in achieving corporate objectives, a weakness can be thought of as an internal attribute of the organization that is a hindrance in achieving corporate objectives.
Review Exhibit 17.2 in your book choose two strengths (Caring Staff and Excellent Administration) and two weaknesses (Staff Turnover and Nursing Shortage) and explain how an executive leader would use them in strategic planning. A minimum of 275 words is necessary. Keep it professional and to the subject.
Exhibit 17.2
Strengths
1. Local market dominance
2. Caring staff
3. Excellent administration
4. Good location
5. Outstanding facilities
6. Strong community support
7. Excellent board of trustees
8. Expanding to meet growth
9. Center of regional healthcare
10. Technology
Weaknesses
1. A weak process to manage low-income population
2. Inability to manage population without health coverage
3. No process to address transient market
4. Difficulty recruiting providers
5. A reputation of the facility
6. Not addressing changes in reimbursement
7. Staff turnover
8. Nursing Shortage
9. Need for technical staff
10. Limited resources in mental health
Explanation / Answer
Executive leader can do strategic planning choosing two strengths (Caring Staff and Excellent Administration) and two weaknesses (Staff Turnover and Nursing Shortage) by taking strategic initiatives which make best use of the strengths and provide advantage to achieve organizational objectives.
The strengths of caring staff and excellent administration can be used to promote the organization, this can be utilized by giving more specialized care to patients and building a premium image of the various services rendered by the organization. This will boost the overall business reputation and open ways for collaborating woth similar facilities and businesses existing in the ecosystem of the organization.
To address the weaknesses like staff turnover and nursing shortage, the organization can have formal contracts with the staff and nurses clarifying the terms of the employment. The organization can also run short term training programs to attract recruiting providers and mitigate the problem of staff turnover. In lieu of the training provided, the staff can be employed and offer assistance in work.
With specialized services, well trained staff and a system of coordination with other businesses and facilities in the local vicinity, liasioning with them to address staff problems can help in leveraging the strengths and eliminate the weaknesses which are limitations to achieve organizational objectives.
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