nonna lou aranas, nanncie constantine, ferdinand a. romero and blessy thomas nur/587 january 23,...
TRANSCRIPT
![Page 1: Nonna Lou Aranas, Nanncie Constantine, Ferdinand A. Romero and Blessy Thomas NUR/587 January 23, 2012 Christi Brito, RN, MSN, CCRN](https://reader035.vdocument.in/reader035/viewer/2022062801/56649e6a5503460f94b67251/html5/thumbnails/1.jpg)
S.W.O.T AnalysisEli Medical Center
Nonna Lou Aranas, Nanncie Constantine, Ferdinand A. Romero and Blessy Thomas
NUR/587
January 23, 2012
Christi Brito, RN, MSN, CCRN
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Introduction
(S) Strengths
(W) Weakness
(O) Opportunities
(T) Threats
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Organization's Strengths
Charity for low income patients
National recognition in specific clinical areas
Continuing education for staff
Education & growth of the community
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Organization's Strengths
Better technology
Well trained physicians and other health workers
Government funded insurance
Equitable health care for all
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Organization's Weaknesses
Lack of control in hospital charges
Lack of adequate staff to care for
patients
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Organization's Weaknesses
Lack of communication between medical personnel and patient
High nurse patient ratio
Lack of unity between computer system and paper work
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Opportunity: Six external environmental factors
Technological: Recent developments
Political: Pricing regulations
Competitive: Market trends
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Opportunity: Six external environmental factors
Regulatory: Changes in regulations
Economic: Capital Expenditure
Social: Demographics
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Threat: Six external environmental factors
Technological: Lack of Electronic documentation & medication administration technology
Political: Conflicts between management and staff
Economic: Increased advertising by rival hospital through media & increase in lawsuits
and malpractice suits.
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Threat: Six external environmental factors
Regulatory: Reimbursement restrictions for frequent hospital readmissions and hospital acquired diseases.
Social: Increase in immigrant patient populations from the Middle East.
Economic: Decrease in funding by public and private donors due to recession.
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Initiatives: Organization’s strategic five-year plan
To have the best health care team
Improve quality health care
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Resources for the initiatives
To have the best health care team
Provide education and training
Hire the right management and leadership
Equip staff with the tools to their job
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Resources for the initiatives
Improve quality health care
Creating a patient survey
Promoting use of bar coding
Initiating an error detection system
Promoting collaborative patient registry
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Effect of the external environment on strategic planning
An organization is a product of its external
and internal environment.
An effective strategic plan is based on a
comprehensive assessment of the
external environment.
Globalization, increased consumer expectations, technological advances
and increased competition
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Role of leadership in strategic management
Enhances performances
Allows the organization to do better
Directing strategies for major decisions and system focus
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Conclusion
Strengths: EMC is a Thompson
Reuter awardee in providing good
clinical outcomes, excellent
rating in patient safety and customer
satisfaction; cutting-edge diagnostic
technology, and well-trained staff.
Weaknesses: EMC is facing
challenges with high nurse to
patient ratio, poor cost control,
decline in reimbursement as a result increasing
number of uninsured, lack of communication,
and documentation issues
Opportunities: EMC can improve staffing through
hiring and retention, cost-containment, technology
enhancement, communication, understanding
cultural diversity through training and education.
Threats: Threats cannot be avoided
but can be minimized through
a proactive approach by
staying informed with regulatory
changes, reimbursement rules, and new trends in the marketplace.
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References
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