Formative 1:
Leader’s have multiple options when putting together an organizational strategy. Best practices and templates are available to get the process started. Consider various templates available to leaders and the pros and cons of each.
- Compare and contrast the balanced scorecard methodology and the Department of Health strategy template.
- Include pros and cons of the balanced scorecard template.
- Include pros and cons of the Department of Health strategy template.
- Consider any other templates you have experience with or have heard of.
Conduct a side by side comparison of each of these with pros and cons of the template structures.
Document Type/Template:
- Word Document
Formative 2:
A leader's role in strategy may not always be clear, especially with an ever changing new world that has evolved since the pandemic.
Read Forbes article on the 5 leadership strategies for thriving in 2022:
- Focus on Purpose
- Lead with a Coaching mindset
- Building a truly customer focused culture
- Excel at virtual
- Rethink Retention and Hiring
Consider all five of these suggestions. Write a paper on how you can excel in these areas within your chosen career field.
Document Type/Template:
- Word Document
Summative 1:
- List of at least 4 high-level strategy steps.
- Documented at least 4 strategy steps on a balanced scorecard worksheet.
Read about the balanced scorecard in the provided document. Consider the Key Performance Indicators (KPI) used for each of the four components of the scorecard (financial performance, customers, internal process, and organizational capacity). In the provided balanced scorecard worksheet, list potential KPI's for each of the four components based on the scorecard descriptions of potential KPI's. Consider where the data for that KPI would come from (EHR, ect), the frequency that you would collect that data and the person accountable for ensuring success of that portion of the balanced scorecard (as outlined by the template) Then, write a 2 page scenario where a health organization would use the balanced scorecard methodology with each of the listed components to reach goals around finance, customers, internal processes and organizational capacity. Feel free to create your own organizational vision, mission and core strategic initiatives based on the material learned from this section. Document those components in the template provided.
Document Type/Template:
- See the balanced scorecard worksheet included in the assignment.
- Click here to download assignment details and the scorecard worksheet
Summative:
Create a document that includes a healthcare organization's strategic plan. This plan should be a comprehensive plan that could be incorporated into a healthcare organization.
Planning
In this section, you will create a plan for an organizational strategy using the below CMS strategic pillars. In preparation for this exercise, please read the 2022 CMS Strategic Framework letter from Administrator Chiquita Brooks- LasureLinks to an external site..
Notice that CMS has outlined six strategic goals for the health system to incorporate in 2022. Review these strategic goals and develop a plan that will help a healthcare organization achieve these goals.
- Advance Equity
- Expand Access
- Engage Partners
- Drive Innovation
- Protect Programs
- Foster Excellence
Create a document that includes a healthcare organization's strategic plan. This plan should be a comprehensive plan that could be incorporated into a healthcare organization. This should be a 10-12 page strategic plan, as each specific assignment detail should be thoroughly discussed. For each of the areas, be sure to include any supporting research that is necessary, resources that will be needed to implement these, and how they will be incorporated throughout the organization. This plan must include the 6 goals listed above (Advance Equity, Expand Access, Engage Partners, Drive Innovation, Protect Programs, and Foster Excellence.
Document Type/Template:
- Word Document