Part I: Define effectiveness and efficiency in your own words using peer-reviewed journal articles for guidance. How do effectiveness and efficiency relate to strategic planning in health care?
Part II: In the text Mastering Strategic Management of the required reading for Module 1, Professor Henry Mintzberg at McGill University compiled what he termed “the 5 Ps of strategy,” which represent five different ways of viewing or thinking about strategy (Edwards et al., 2014, p. 19). The “5 Ps” consider strategy as a plan, ploy, position, pattern, and/or perspective. Detail and discuss which of these views would be the most effective in health care management. Which view(s) do you feel is/are most important? (Remember to justify your response with information or citations from the Background readings for this module or from the peer-reviewed literature.) As required for all discussion questions, your response(s) must be referenced and supported
Required Reading:
Clarke, S. F. (2017). Strategic operational planning: Why healthcare organizations need to adopt this dual approach under population health management. The Journal of Medical Practice Management, 33(1), 15. Read pp. 15-18
Edwards, J., Ketchen, D., & Harrison, J. P. (2014). Mastering strategic management – 1st Canadian edition (1st ed.). Online: BCcampus. Review Chapter 1.
Fry, A., & Baum, N. (2016). A roadmap for strategic planning in the healthcare practice. The Journal of Medical Practice Management 32(2), 146. Read pp. 146-148.
Kash, B. A., Spaulding, A., Gamm, L. D., & Johnson, C. E. (2014). Healthcare strategic management and the resource based view. Journal of Strategy and Management, 7(3), 251. Read pp. 251-254.
Soysa, I. B., Jayamaha, N. P., & Grigg, N. P. (2018). Developing a strategic performance scoring system for healthcare nonprofit organisations. Benchmarking, 25(9), 3654-3678. Read pp. 3654-3658.
Willis, G., Cave, S., & Kunc, M. (2018). Strategic workforce planning in healthcare: A multi-methodology approach. European Journal of Operational Research, 267(1), 250-263. Read pp. 250-254.
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