Environmental Anaylsis Mba 580

There are several factors to consider when developing an effective strategic plan. Healthcare Systems and organizations should assess their external environment to be able to identify opportunities to strengthen. An assessment would show Carolinas Healthcare System their threats and competition to allow future success.   A firm’s external environment has a major influence on the direction of the company, the actions, and its organizational structure. In this paper, Carolinas Healthcare System (CHS) will assess the external factors that will affect the success of the company. A macroeconomic forecast of economic indicators from the external remote environment will be assessed. Next, the non-economic factors will be analyzed. Third, using Porters five forces, CHS will develop an evaluation of the projected future forces and trends in the industry.   Fourth, they will evaluate the external operating environment and present a competitive assessment. Last, with consideration of all of the external findings the top three strategic opportunities will be developed for long term objectives.  
Company: Carolinas Health Care System
      Carolinas HealthCare System (CHS) is one of the largest healthcare providers in the southeast region. CHS provides healthcare services to the communities of North and South Carolina. They have established partnerships within communities to provide high quality care and education to consumers. CHS has 25 hospitals in the Carolinas and they have approximately 1,100 physicians. “CHS operates rehabilitation hospitals, nursing homes, ambulatory surgery centers, home health agencies, radiation therapy centers and physical therapy facilities.” (CHS, 2009).
External Remote Environment
The remote environment consists of ecological, political, social, and technological factors that can affect an organizations decision making abilities (Business Dictionary, 2009).   These factors are usually beyond the company’s control or influence. This... [continues]

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