Discussion 1: "Strategy Development"
Please respond to the following:
Question A:
Differentiate between each of the following strategies: directional, adaptive, market entry, competitive. Provide one example of each to support your response.
Question B
Provide one example of a specific value-added service, and demonstrate the fundamental manner in which the service in question would correspond to market entry or competitive strategy
Discussion 2: "Strategic Alternatives"
Please respond to the following:
Question A:
Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare. Suggest two actions that management could take in order to mitigate these challenges.
Question B
Distinguish between vertical and horizontal integration. Provide one example of the successful implementation of each within a healthcare organization.
Discussion 3: "Strategic Choices"
Please respond to the following:
Question A
Determine one key distinction between each of the following strategies: adaptive, market entry, and competitive. Provide one example of each strategy to support your response.
Question B
Examine the nature of a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Suggest the manner in which a SWOT could help a healthcare organization implement a market entry strategy.
Discussion 4: "Deciding on a Strategy"
Please respond to the following:
Question A
Examine the concept of product life cycle analysis. Provide one example of the way in which this analysis can help an organization to determine whether to continue offering a specific service to the community it serves.
Question B
Determine two reasons why the Boston Consulting Group (BCG) portfolio analysis would be effective in developing a specific adaptive strategy for a healthcare organization. Provide a rationale for your position.
½- 1 page each discussion, double-spaced; 12 point, Times New Roman font; following APA requirements
References should be on a separate reference page, appropriately double-spaced, and organized alphabetically.
This is a required resource, however supplemental resources can be added.
Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic management of health care organizations (7th ed.). San Francisco, CA: Jossey-Bass.