Swot: Health Care and Community South Medical

Topics: Health care, Strategic management, SWOT analysis Pages: 4 (1185 words) Published: February 22, 2013
Running head: S.W.O.T

S.W.O.T. Situational Planning Strategy
Lisa Martinez
HCA 340 Managing in Health & Human Services
Instructor: Ken Feifer
Date: Feb, 18, 2013

S.W.O.T Situational Planning Strategy

“SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. By definition, Strengths (S) and Weaknesses (W) are considered to be internal factors over which you have some measure of control. Also, by definition, Opportunities (O) and Threats (T) are considered to be external factors over which you have essentially no control. SWOT Analysis is the most renowned tool for audit and analysis of the overall strategic position of the business and its environment. Its key purpose to identify the strategies that will create a firm specific business model that will best align an organization’s resources and capabilities to the requirements of the environment in which the firm operates. In other words, it is the foundation for evaluating the internal potential and limitations and the probable/likely opportunities and threats from the external environment. It views all positive and negative factors inside and outside the firm that affect the success. A consistent study of the environment in which the firm operates helps in forecasting/predicting the changing trends and also helps in including them in the decision-making process of the organization” (www.managementstudyguide.com). In this paper, I am The C.E.O. of Community South Medical Center, a large, urban for-profit healthcare facility. This institution has comprehensive health services including acute care, residential care, independent living, in-home nursing, hospice, neonatal, and pediatric services, advanced cardiac services, a major trauma center, a center of excellence for pulmonary services, and a neurosurgery center, but it is time to embark on the annual updating of the organization’s strategic plan. The last major revision to the


References: www.managementstudyguide.com
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