Preview

Strategic Management Concepts for Fisher & Paykel Healthcare

Powerful Essays
Open Document
Open Document
2380 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management Concepts for Fisher & Paykel Healthcare
Surname Patel

First Name Mayur

Student ID 2015000105

Name of Programme National Diploma in Business

Name of Paper Strategic Management Concepts

Facilitator Phil Tregurtha

Assignment No. 3

Unit Standard No.
(If Applicable) US 9732

Total No. of pages
(including cover) 8

Submission Date

Date received by facilitator

Date returned to student

Fisher & Paykel Healthcare
A strongly aggressive area, wellbeing segment, Fisher and Paykel Healthcare respiratory consideration and the general soundness of the organization is situating itself as a pioneer in the treatment of obstructive rest. The organization's development, persistent innovative work and to keep up close contact with its clients and is focused on living up to expectations with the patient and specialist. Fisher and Paykel Healthcare, a case in which I attempted to do a key survey. I was attempting to stow away in better places however much as could be expected, limit the quantity of words. When all is said in done, nature, industry and the entire climate and environment studies, I highlight opportunities and dangers. The following stride in its capacities, its center abilities, worth chain and distinguish shortcomings, both essential and powerless Fisher & Paykel Healthcare inward assets, a study was finished by an inner survey. At long last, I set up everything together in a SWOT investigation. (Essays UK, 2013)
Industry from the point of view of the environment, Research & Development necessary skilled labor, could become one of the main bargaining power of suppliers. New Zealand is not growing sufficient, Fisher and Paykel Healthcare, the local market may face some difficulties to find the necessary labor. The main bargaining talks to set up a high-quality, large hospitals and buyers with a huge sale, High levels of service and lower prices. The new entry and the threat of substitute products, which in 2006, is the most likely to happen in the next year, The intensity of rivalry

You May Also Find These Documents Helpful

  • Good Essays

    Strategic Management

    • 1245 Words
    • 5 Pages

    Holloway Boulevard North Kellyville Specification North Kellyville Specification SITE NEEDS (Based on a standard residential block) ● Site costs, up to 1m of fall ● All piering, up to 1 of fall, 'H ' class site ● Service Connection - Power, Phone, Water, Sewer, Gas & Stormwater CONCRETE SLAB Engineer designed concrete slab to suit 'H ' classification soil Engineer designed concrete slab to Porch / Patio HYNE T2 Blue Termite Resistant Framing TERMITE TREATMENT RENTOKIL Trithor termite protection to pipe penetrations and perimeter cavity with 50 year warranty and $500,000 insurance cover FRAME Afresco including concrete slab, brick piers and roof over 450mm Eaves to Roof Line 90mm external and internal stud frames to ground and first floor Nominal 2450mm high ceilings to the ground floor & first floor 300mm engineered joist system BRICKS Selection of bricks from PGH, Austral and Boral Value Range. Laid in off white or grey mortar with a choice of raked, ironed or flush joint finishes. Allowance has been made for Moroka feature colour finishes to brickwork in standard house price. WINDOWS STEGBAR Aluminium windows and sliding doors in manufacturers standard colour range including security keyed windows & door locks with obscure glass to bathrooms, ensuite & powder room. Nylon Mesh Flyscreens to all opening windows, sliding & stacker doors (excluding hinged doors) ROOFING CSR MONIER Concrete Roof Tiles in Elebana profile Sarking to the underside of roofing FASCIA & GUTTER Colorbond Fascia & Gutter with painted PVC Downpipes. INSULATION CSR BRADFORD R1.5 batts to external walls (excluding wall between garage and house) CSR BRADFORD R3.0 batts to ceilings with roof over (excluding ceilings over garage, porch, alfresco & balcony) FRONT DOOR CORINTHIAN Madison PMAD101, PMAD 104, PMAD 111 or PMAD 04 entrance doors (with clear glass) in paint finish to all facades. CORINTHIAN full clear glazed laundry entrance door in painted finish where applicable. Sidelights where…

    • 1245 Words
    • 5 Pages
    Good Essays
  • Good Essays

    When it comes to the matter of creating new streams of revenue for the hospitals, commonly known as making addition to the new lines of services, the company must ensure that all her services are very effective as well as efficient, so that unnecessary reduction of net payments are limited (Luca, 2016). Hospitals need not to add any service line, for instance, orthopedics, just because it is profitable historically. The organization should do a research and consider the demography of their locale to determine the service line that can help enhance their overall amount of revenue. This include minimizing the production of what the competitors in the area are offering and coming up with newly designed services that are specific to the demands of the consumer. Universal Health Services, Inc. can also enhance her overall amount of revenue by minimizing the cost of supply by working with physicians and vendors (Year, 2016). After the cost of labor, as had been outlined, the second largest money eater for Universal Health Services, Inc. is the cost involved in medical supplies (Year, 2016). The supply cost can be reduced in this case by two main methods; working hand in hand with vendors to improve contracts and/or encouraging healthcare providers to make supply decisions that are fiscally…

    • 774 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Strategic change has become a necessary feature in most of the organizations. When comes to health and social care organizations changes are inevitable in order to provide the best quality care to the service users. Writing an essay on leading strategic change in health and social care may look very difficult. When I started writing my essay, I also felt the same. But today I want to challenge you giving some tips for writing an essay on the same topic. First of all, consider yourself as a newly recruited senior or middle manager in a health care organization and you are prompted to make some changes. Then you are going to find out what prompts you to make that changes. They are drivers for change. The answer might be as follows:…

    • 254 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In the world of healthcare medical technology and various forms of payments for that, technology changes quickly, so that the management of the medical facilities and insurance companies has to come up with a plan that will allow the company to survive. Therefore, strategic thinking must be done first, and then strategic planning occurs in order for strategic management to be placed throughout the company. Strategic planning is done periodically to ensure that the company is accomplishing its directional strategies, such as meeting the mission and vision statements (Ginter, Duncan, & Swayne, 2013, p. 14). Strategic management involves the supervision of the implementation of the directional strategies created from the strategic planning and…

    • 739 Words
    • 3 Pages
    Good Essays
  • Best Essays

    This assignment will be based around the care that is implemented and evaluated, within a National Health Service (NHS) Foundation Trust (FT). The focus of the assignment will be to discuss two health problems that a selected patient has and has been admitted to the FT with. The selected patient had been admitted into FT with breathing difficulties and also suffering from dehydration. The assignment will focus upon the goals that are set for the patient whilst in FT and the reasons why the goals are set. The patho-physiology of the two problems will also be discussed and also the care that had been implemented to achieve the goals. Throughout the assignment, the patient will be known as Terry with the permission from the patients parents, according to the Nursing and Midwifery Council (NMC, 2008) confidentiality guidelines.…

    • 4287 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    Strategic Management

    • 251 Words
    • 2 Pages

    For its Zara brand, Inditex manufactures the majority of the garments sells and undertakes all of its own distribution from manufacturing plants to its directly managed retail outlets. Benetton outsources most of its production and most of its retail outlets are owned and operated by franchisees. Which is a superior system?…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Healthcare organizations must look to the future and envision the type of organization it wants to be for its patients, staff, and community. To achieve this, a strategic plan will guide the organization through any type of change. Strategic planning is a “written outline of the future that should enhance efficiency and effectiveness, encourage unity and focus, empower meaningful change, and streamline decision-making” (Sare & Ogilvie, 2010, p. 59) and it begins with identifying an unmet need. The purpose of this paper is to outline the need for an additional Nurse Clinician as well as expanding the responsibilities of all Nurse Clinicians to ensure the health record technology is being used to its maximum potential in the Sunnybrook Veterans…

    • 826 Words
    • 4 Pages
    Better Essays
  • Good Essays

    It aims to provide a multidisciplinary team, with mixed skill sets, working together to make informed shared decisions around the persons care. In nursing context, nurses (registered and non-registered) will be equally viewed without dominant figures exploiting others, and working together to ensure quality person centred care. Effective staff relationships will help and support the need to provide quality person centred care. It is essential that potential for innovation and risk taking is to be supported by adequate evidence and professional judgement. The physical environment should be a well balanced interior design that reflects well thought through aesthetics and necessary equipment and is easily attainable in emergency situations. There should be adequate air flow and space for ones comfort and security (McCormack, B.…

    • 784 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Strategic management

    • 2106 Words
    • 8 Pages

    In contemporary business world, Strategy plays an important role in every sector. A good strategy gives the company…

    • 2106 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    strategic management

    • 346 Words
    • 2 Pages

    threat in the five forces model. Do you think the model should be expanded to…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Strategic Management

    • 3511 Words
    • 15 Pages

    Strategy – Yahoo has set a long term strategic direction for the business and its resources.…

    • 3511 Words
    • 15 Pages
    Best Essays
  • Good Essays

    Case 13

    • 669 Words
    • 3 Pages

    This case mainly tells us several problems of a company named Family Medical Group. Bill Maron is the president of the company. The original company called Family Medical Distribution which was created by the grandfather of Bill’s wife Helen. After her grandfather was dead suddenly in 1968, Bill was persuaded by his father-in-law and purchased this company. At the beginning of the first few years, it was a tough time to Bill. The organizational structure of the company was very simple that he just had eight employees. He spent countless hours on the road talking to the customers and suppliers. Moreover, the surroundings were also rough. All the departments are in a single office including Bill. But all the tough things cannot stop Bill. Due to the tradition that all the staffs treated the company like their family and the efforts Bill had made, the he became to realize measured success. The company expanded into the rest of Ontario and by 1984, the company had become a nationwide distributor. Hundreds of employees are working in the company now. In addition, Bill is pursuing to invent the new product to change the current situation. Though a few years’ effort, he was successful in the development of auxiliary tool of asthmatic bronchitis. This is a big success that the invention called AeroTube was launched in more than 50 countries and another new division was founded under the name Family Medical Manufacturing. However, with the growth of the profit, the scope of the company is growing as well. Thus, some problems are appeared at this time. For the external aspect, the government made the policy to squeezing the profits out of Family Medical Distribution. The cutbacks of government means the hundreds of hospitals across the country have closed and the others have been forced to reduce their number of beds. For the internal aspect, both companies have made some strategies mistakes which resulted in the loss of some…

    • 669 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Strategic Management

    • 1574 Words
    • 6 Pages

    The essay provides a brief introduction to rapid, volatile and discontinuous change. It will elaborate that how these changes influence the organizational strategic management process and also incorporates some dissension related to it, which includes strategic analysis, strategic implementation and strategic evaluation.…

    • 1574 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Strategic Management

    • 1739 Words
    • 6 Pages

    “Strategy” and “Strategic Planning” is something that is done once a year which results in a report. Others think it is market position, operational effectiveness or an idea or business model.…

    • 1739 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Strategic Management

    • 488 Words
    • 2 Pages

    Question 1. Renault was able to attain a good market share in the European market and it had been quite a profitable company, with profits jumping a massive 63% in 1999. Discuss how that success can be explained by (i) Renault’s resources and capabilities and (ii) Renault’s competitive environment.…

    • 488 Words
    • 2 Pages
    Good Essays

Related Topics