Swot Analysis

Topics: Cardiac surgery, Health care, Human resource management Pages: 29 (9940 words) Published: August 18, 2008

A SWOT analysis is a strategic balance sheet of an organization; that is the strengths of the organization, the weaknesses of the organization, the opportunities facing the organization, and the threats facing the organization. It is one of the cornerstone analytical tools to help an organization develop a preferred future. It is one of the time-tested tools that have the capacity to enable an organization to understand itself, to respond effectively to changes in the environment. The purpose of the SWOT analysis is to provide information on strengths and weaknesses in relation to the opportunities and threats.

The benefits of a SWOT analysis are that it provides learning and knowledge vital to the organization’s survival and prosperity. And other outcome of he SWOT analysis which is becoming extremely important, is an understanding of company’s boundaries and the development of boundary spanning skills and insight to help navigate the changing environment.

SWOT Enhanced with Human Resource Planning Process:

Every company needs to able to forecast and plan for its future people requirements. Human Resource Planning Process involves forecasting the numbers of people which will needed by the organization during a given period and then working out the best way of obtain gig them when they are needed. Human Resource Planning Process helps managers decide what strategies will have to be developed to help maintain a supply of skilled workers who will best contribute to meet the future needs of the organization. Human resource planning (HRP) process is an essential component of the human resource management approach.

The HRP process involves anticipating and making provision for the movement of people into, within, and out of organization. It consists of reviewing current human resources, forecasting future requirements and availability, and taking steps to ensure that the supply of people and skills meet demand. Human Resource planning is particularly important during periods of organizational turbulence. Human Resource planning involves making assumptions about the future, particularly the status of the economy, competition, technology, regulation, and internal operations and resources, it is critical that all human resource planning initiatives will be flexible.

Human Resource Planning Process helps to ensure that operations are not only efficient but also timely in response to customer demand. The following HRP model will help us to analyze the consequences of LABAID Cardiac hospital on the business strategy on its human resource requirements. The Human Resource Planning Model of LABAID is analyzed through the given model. Human Resource Planning Process at a glance is given to the next page -


LABAID Cardiac Hospital - The first state-of-the art cardiac hospital in Bangladesh aimed to provide the best health care services:

The first state-of-the art cardiac care Tk 100 crore hospital even before its formal launching already had in operation there. The LABAID Cardiac Hospital, located in the heart of the city in Dhanmondi performed four successful open heart surgeries with the most recent technology in cardiac surgery known as the beating heart surgery that enables bypass surgery without stopping the heart even before it was formally launched. Equipped with most modern and state-of-the-art equipment and machineries, the LABAID Cardiac Hospital makes a solemn commitment to the cardiac patients of the country – a commitment to maintain mastery and marvel in cardiac care, to be compassionate and respectful to patients’ beliefs and values and to make sound decision in the best interest of the patients.

A band of highly skilled, dedicated and experienced cardiologists, cardiac surgeons, cardiac anesthesiologists, perfusionists, nurses and technicians garnered from both home and abroad work synergically and...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • SWOT analysis Research Paper
  • Swot Analysis Research Paper
  • Swot Analysis Essay
  • SWOT analysis Essay
  • Swot Analysis Essay
  • SWOT Analysis Essay
  • SWOT Analysis Essay
  • Swot Analysis Essay

Become a StudyMode Member

Sign Up - It's Free