Ms. Jacobs is president at GE Healthcare Camden Group and has been with the firm since 1990. Strategic decision making is needed now more than ever for success in oncology practice. Strategic planning helps healthcare organizations to become proactive rather than reactive. But outside of healthcare, strategic planning works in a different way – from the bottom up rather than the top down.” Because of differences in the nature of the industry, healthcare cannot emulate successful mega-corporations such as General Electric and Shell Oil, Zuckerman said. 44–47 Strategic planning is a crucial addition to the repertoire of skills and solutions leveraged by companies in the healthcare industry. Usually without really explaining it or its importance and actual impact on an organization.. Do some basic research and you will come across definitions like: “A distinctive approach to employment … (Graphic: Business Wire). Strategic planning in healthcare starts by measuring end goals against your current standing. The work of strategic planning doesn’t stop at the strategic plan, but it’s a start. Before starting your strategic planning process review the following 5 challenges and accompanying solutions so you can ensure your planning goes as smoothly as possible! Importance of a strategic plan in healthcare Apart from the direction that strategic plans provide, they also can also act as an indicator of professionalism to the public. Whether you’re creating a new strategic plan from scratch or you’re trying to breathe life into an old plan, I bet we can both agree that healthcare strategic planning is a tough process. Successful organizations take the time to periodically inventory their current assets. Strategic Planning for Healthcare Organizations January 2019 Page 3 of 8 Shaping Your Future Success Abstract: Strategic planning is essential for all organizations to shape their future success.However, with the significant shifts occurring in the healthcare industry, organizations need to prioritize forward- The point is that the ability to differentiate regarding healthcare outcomes will be the bases for any future success in the industry. Benefits of Strategic Planning. Healthcare organizations today are facing a series of problems due to two main factors: increasing difficulty in satisfying a progressively more ‘aware’ and demanding user, and the need to change their internal organization to keep pace with the very rapid changes taking place in technology and approach. Without clinical decision support, all personnel involved in patient healthcare are less likely to fully understand or have access to patient information. Request for more information. Strategic planning in healthcare has numerous benefits for different healthcare functions ranging from patient care to financing. There is an appeal to organizations with a mission and vision. Whether it is a shift in philosophy to focus on more value-based care or navigating the impact of implementing the Affordable Care Act here in the United States, significant shifts and changes have occurred and are occurring every day. This is to provide high quality care, efficiently and effectively. Despite the best of intentions, strategic planning sessions have a tendency to end in heartache. This financial decision making process can result in savings that would otherwise not be made aware to healthcare organizations. Strategic planning gives a practice the structure to make day-to-day decisions that follow a larger vision. This article presents the principles of strategic planning and outlines processes that your practice can adapt for short- or long-term planning. However, reactive strategies are typically only viable for the short-term, even though they may require spending … What is it that the organization currently possesses that are assets or strengths that may not be fully utilized.

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