Strategic Planning Report

Strategic Planning Report
Read the following: The leader of a local health care organization, Ken
Janowski, has noticed other health care organizations successfully
incorporating strategic management practices. Ken is considering using
strategic management for his health care organization. He has hired
you to research what the strategic planning development and
implementation process is and to address why it helps organizations be
successful.
Write a 825- to 1,050-word report of your findings in which you answer
the following questions:
• What are the major components of strategic management, and why
is each component needed for success?
• How are an organization’s mission and values important to strategy
formulation?
• What benefits does a strategic management process bring to a
health care organization?
• How does strategic management affect organizational decision
making and financial performance?
• How does strategic management affect the way an organization
responds to its environment?
Cite a minimum of two scholarly references to support your information.