Strengths, Weaknesses, Opportunities, Threats (Research Paper Sample)
S.W.O.T. (Strengths, Weaknesses, Opportunities, Threats)
For this assignment, using the situation given below, apply the S.W.O.T. Situational Planning Strategy which was described in Chapters 4 and 7 of your course text:
Situation: You are the C.E.O. of Community South Medical Center, a large, urban for-profit healthcare facility. This institution has comprehensive health services including acute care, residential care, independent living, in-home nursing, hospice, neonatal, and pediatric services, advanced cardiac services, a major trauma center, a center of excellence for pulmonary services, and a neurosurgery center.
Community South Medical Center has a positive bottom line and is striving to enhance health services for the population it serves. The patient care mix has shifted in the last three years and its reimbursement source is currently: 25% Medicaid (up 20%); 35% Medicare (down 12 %); 25% employer sponsored health insurance (unchanged), 8% managed care (down 20 percent), 4% private pay (unchanged) and 4% no-pay (up 25%).
The Medical Center is in an older urban area. Businesses with well-paying jobs have gradually been replaced by smaller shops and other small businesses. Overall, the community is trending towards a predominantly elderly population.
The Medical Center has an excellent reputation and has been recognized in the past by receiving a Baldrige Center of Excellence evaluation and a The Joint Commission (T.J.C.) approval for their quality of services; however, recent self-inspections indicated a slight decline in compliance with T.J.C. standards. Patient satisfaction survey results have an overall mean of 95 percent. The medical staff strongly supports new program development and there is an abundant supply of physicians.
Currently, the major issues confronting the Community South Medical Center are: an identified shortage of clinical staff including registered nurses, respiratory therapists, and medical technologists; non-interfacing information technology systems; antiquated facilities and infrastructure; decline in T.J.C. compliance on internal audits; and a shift to its financial mix.
Action: As the C.E.O., it is time to embark on the annual updating of the organization's strategic plan. The last major revision to the strategic direction was completed three years ago.
In a four- to six-page (excluding title and reference pages) double-spaced paper, consider and respond to the following points:
•Select one of the needs of Community South Medical Center and identify at least one strength, one weakness, one opportunity, and one threat (S.W.O.T.) for that need. How do each of these (e.g., the strength, the weakness, the opportunity, and the threat) correlate to the overarching issues confronting Community South Medical Center?
•Is it time to revise the strategic mission and plan of the organization from three years ago or continue as originally planned with a yearly assessment? Should the C.E.O. address the issues confronting Community South Medical Center or wait another year? If so, what should the strategic plan be? If not, why?
•What leadership positions would be a part of your strategic management team? Why? What would each of their responsibilities entail?
•What are some of the market trends you can identify in this area? How might they affect Community South Medical Center? How would you prepare for them?
You must use a minimum of four scholarly sources, excluding the course text, cited according to APA format as outlined in the Ashford Writing Center. Your paper and all sources must be formatted according to APA style.
Community South Medical Centre is an urban for profit entity that has developed comprehensive health services addressing; residential care, independent living, in-home nursing services, acute care, neonatal, hospice, advanced cardiac services and above all is an institution that promotes excellence in pulmonary services. The health facility over time has been experiencing periods of growth and of late has suffered some major setbacks that need an address.
These setbacks include; shortages in clinical staffs including registered medical practitioners, antiquated infrastructures, interfacing information and technology systems and a decline in compliance on its internal audits (Beckham, Berry, Feussner, & Trastek, 2015). As the C.E. O of this organization, I intend to carry put a SWOT analysis that would assist in assessing the organization's internal and external challenges with the primary aim of enhancing its performance.
The Needs of Community South Medical Center
Carrying out an analysis of the need for more staffing in this organization, it is significant to realize that this analysis is a critical tool in a health center's strategic process of management. As the C.E.O of this organization, this tool will be imperative to understanding the operations of the entity that would help in developing a methodology that would address these problems. This would lead to the advancement of service provision, a factor that would reinstate the organization to its outstanding performance as was in the last years (Beckham, et.al). In addressing the shortages in shortages in clinical staffs including registered medical practitioners, an insight is provided that constitutes the strengths, weaknesses, opportunities and threats of this entity as follows;
The traditional SWOT analysis in relation to this entity views the current factors that have promoted Community South Medical Centre's outstanding performance. These factors include the level of competence in their personnel, the clear understanding of these practitioners of the entities goals and their commitment to the improvement of the quality of their service delivery within the community (Keckley, 2015). The organization also has a supportive staff that strongly engages in the development of new programs and, as a result, abundance in the supply of physicians is eminent.
The weaknesses experienced by this entity are determined by the factors that accrue healthcare costs and have the capacity to reduce the quality of healthcare within the facility. One of the weaknesses, as viewed in this organization, includes the decline in compliance as a result of the patient in satisfaction.
The main opportunities for this entity include the significant are the fact that the Medical Centre is placed in an older urban area. Also, the element of community predominantly having an elderly population is also an opportunity for the organization.
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