Problem: The strategic planning process, taken as a whole, has been positively associated with financial performance. Once comfortable with the materials in the assigned readings please conduct additional research and prepare and submit a 4-5 page paper responding to the following questions:
1. Discuss the steps involved in formulating a strategic plan within health care organizations.
2. Discuss how health care organizations benefit from financial planning.
3. Discuss how scenario analysis and scenario planning differ from traditional methods of planning in health care organizations.
Expectations for this assignment:
Using the web and the databases in our cyber-library conduct research about and discuss the steps involved in the strategic planning process as well as the benefits of financial planning.
Using the web and the databases in our cyber-library conduct research about Scenario Analysis and Scenario Planning and discuss how they differ from traditional planning methods.