Strategic Plan Part II: Environmental Analysis And Setting Strategic Goals Term Paper

Strategic Plan Part II - Environmental Analysis and Setting Strategic Goals The objective of this study is to complete an environmental scan for the Bon Secours Health System. This study will assess the organizational internal strengths and weaknesses and analyze the industry for opportunities and threats. This study will additionally perform a gap analysis including strengths, weaknesses, opportunities, and threats and describe the organization's present and prospective customers. The following external factors will be considered: (1) consumer and social; (2) competitive; (3) technological; (4) economic; and (5) legal and regulatory.

Bon Secours is a nonprofit Catholic health care system. The organization is reported to be engaged in "providing skilled, unified management and professional resources for all Bon Secours health care operations while preserving its tradition of providing quality care to all." (Global Data, 2013, p.1) The Bon Secours organization is inclusive of nursing care centers and acute care hospitals, community-based home health divisions, hospice services, assisted living facilities, physician practice management and ambulatory facilities. (Global Data, 2013, paraphrased)

I. SWOT Analysis

A SWOT analysis was performed on the information available for Bon Secours Health System and reveals the information shown in the following labeled Figure 1.

Figure 1 -- SWOT Analysis

Source: Global Data (2013)

II. GAP Analysis

A GAP analysis consider the factors including: (1) consumer and social; (2) competitive; (3) technological; (4) economic; and (5) legal and regulatory.

Consumer and Social

In regards to consumer and social factors affecting the Bon Secours health care organization is the impact that the reformed health care system will have on the organization in that more individuals will have access to health care than ever before which will put a strain on the already over-burdened health care system including Bon Secours'...

...

Bon Secours health care system hospitals are located in the states of: (1) Kentucky; (2) Maryland; (3) New York; (4) South Carolina; and (5) Virginia. The Long-Term Care Facilities of Bon Secours health system are located in: (1) Florida; (2) New York; and (3) Virginia.
Competitive

Pressures from competition will continue with the primary competitors of the Bon Secours health care system reported to include: (1) Inova Health System; (2) MedStar Health; (3) Sentara Healthcare Inc.; (4) Ascension Health; and (5) Catholic Health East. (Global Data, 2013, p.1

Technological

It is reported that the Bon Secours Health System, Inc. And some of its subsidiaries "were named by AHA's Health Forum as 'Most Wired for 2013'. It is reported that 2013 is the 15th anniversary of Health Care's Most Wired Survey and that hospitals and health care systems "have made great strides in establishing the basic building blocks for creating robust clinical information systems aimed at improving patient care." (Bon Secours, 2013, p.1)

Economic

Bon Secours Health System is reported to have established a Community Investment Program which utilizes part of its investment funds or unrestricted assets which are made available "through loans to community projects." (Bon Secours, 2013, p.1) These funds are reported to be combined "with resources from other socially responsible investment parties." (Bon Secours, 2013, p1.) The funds are made available through financial institutions that are non-profit to borrowers at "low, or below market rates to foster improvements in the overall health of communities." (Bon Secours, 2013, p1.) Loans include those for affordable housing projects, community and childcare centers, workforce development, education and economic and social development initiatives." (Bon Secours, 2013, p1.) Additionally, it is reported that Bon Secours Health System participates in a strategic partnership with Mercy Housing, Inc. This…

Sources Used in Documents:

Works Cited

Bon Secours Annual Report (2012) Retrieved from: http://www.bshsi.com/2012-annual-report/

Bon Secours Health System Highlighted in Healthcare Equality Index 2013. Retrieved from: http://www.bshsi.com/news-and-events-press-releases.html?newsID=C6EC6385-8400-432F-B7D6-DDE339419D4D

Bon Secours Health System, Inc. -- Strategic SWOT Analysis Review (2013) Global Data. Retrieved from: http://www.rnrcompanyprofiles.com/bon-secours-health-system-inc-strategic-SWOT-analysis-review-report.html

Bon Secours Health System, Inc. Named 2013 Most Wired (2013) Bon Secours Website. Retrieved from: http://www.bshsi.com/news-and-events-press-releases.html?newsID=5D8D1438-D2E1-4E5C-914A-D20DB58EBB67
Health Insurance Portability and Accountability Act of 1996 (HIPAA) (2013) Bon Secours Health System. Retrieved from: http://bsmcon.edu/consumer-information/hipaa
McCann, E. (2013) Bon Secours reports EHR data breach. Health Care IT News. Retrieved from: http://www.healthcareitnews.com/news/bon-secours-reports-ehr-data-breach


Cite this Document:

"Strategic Plan Part II Environmental Analysis And Setting Strategic Goals" (2013, September 16) Retrieved April 18, 2024, from
https://www.paperdue.com/essay/strategic-plan-part-ii-environmental-analysis-96501

"Strategic Plan Part II Environmental Analysis And Setting Strategic Goals" 16 September 2013. Web.18 April. 2024. <
https://www.paperdue.com/essay/strategic-plan-part-ii-environmental-analysis-96501>

"Strategic Plan Part II Environmental Analysis And Setting Strategic Goals", 16 September 2013, Accessed.18 April. 2024,
https://www.paperdue.com/essay/strategic-plan-part-ii-environmental-analysis-96501

Related Documents

Environmental Issues Faced in 21st Century Aviation Reducing Communication and Coordination Tools and Metrics Technology, Operations and Policy Demand Aviation and the Environment Effects on the health Local Air Quality Climate Change Total Climate impacts from aircraft Interdependencies Mobility, Economy and National Security Interactions between Government, Industry and Groups Aviation Greenhouse Gas Emissions Economic Impact SPCC Regulations Local Airport Issues De-icing Fluids A Framework for National Goals Realities and Myths Metrics Recommended Actions Environmental Issues Faced in 21st Century Aviation Environmental awareness in regards to 21st century aviation among the public and politicians has

If a startup is being planned, the strengths and weaknesses are related mainly to the promoter(s) - their experience, expertise and management abilities - rather than to the project. The objective is to build up a picture of the outstanding good and bad points, achievements and failures and other critical features within the company. Threats & Opportunities The external threats and opportunities confronting a company, can exist or develop in the following

Health Care Organization Strategic Plan: The Case of Samaritan Medical Centre Strategic Planning and Organizational structure Organization Structure Strategic Planning and Organization Structure Present strategy of the Organization Environmental Analysis and Setting Strategic Goals for Samaritan Medical Center Internal Environment Analysis External Environment Analysis III Financial Analysis of Samaritan Medical Center Budget Strategy Assumptions The elements of a projected budget Implementation of Strategic Management Communication of the Plan to the Employees Evaluation and Control of Strategic Plan Strategic Planning and Organizational structure The process of

BEST BUY CO. INC. STRATEGIC ANALYSIS Strategic Analysis of Best Buy Current situation A- Current performance B- Strategic posture Corporate Governance A- Board of directors B- Top management External Environment: Opportunities and threats A- Natural physical environment B- Societal Environment C- Task Environment D- Summary of external environment Internal Environment: Strengths and Weakness A- Corporate Structure B- Corporate Culture C- Corporate resources D- Summary of internal environment Analysis of Strategic Factors (SWOT) A- Situational Analysis Strategic Alternatives and Recommended Strategy A- Strategic Alternatives Recommended Strategy Implementation Evaluations and control Part II Functional and Business strategies of

. . political and law enforcement cronyism and corruption. . . And last, an surprising astonishing level of incompetence which symbolizes much of the authorized intelligence- meeting and investigative developments (Block, 1985, p.310). This lack of enforcement taking part in helping with the waste especially after a natural disaster such as a tornado will possibly allow such practices as illegal dumping to last unchecked. "The ideal answer to hazardous waste problems

Health Care Strategy
PAGES 5 WORDS 1438

Strategic plan II Environmental Analysis An environmental analysis is an important component, and indeed a prerequisite, to the strategic plan. It stands to reason that you cannot set a course for the future without knowing the route you will take, and you cannot know the route until you have the lay of the land. The environmental analysis is "a process in which you look at the outside factors that can have an