Strategic planning
Strategic planning is a systematic process that allows an organization to develop an ambition for the business’s future and determine how the company can achieve its goals. A strategic plan helps in connecting the three main areas of organization vision, mission, and goals. Strategic planning helps in reducing risks associated with operating a business like company revenue. Strategic plan states the mission, vision, and goals of an organization. A strategic plan uses SWOT analysis to decrease company threats to the vision, mission, and plans. Strategic planning will help Stevens District Hospital in supporting and achieving its strategic goals.
A strategic plan provides an effective communication plan incorporating the purpose and necessary items. The communication plan helps in reaching all the parties involved in the company creating a total involvement. A communication plan helps an organization express its strategic plan to individuals who are not directly involved (Duggan, 2018). A strategic plan will offer a direction and focus for Stevens District Hospital as it will help the facility figure out the changes needed in the hospital for it to become competitive in the county. A strategic plan helps the facility identify the strengths and weaknesses and develop strategies to meet its goals.