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Read the following strategic plan overview: A strategic plan is designed to be used for 3 to 5 years or more. For your individual Strategic Plan project, you will write a strategic plan using the...

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Readthe following strategic plan overview:

A strategic plan is designed to be used for 3 to 5 years or more. For your individual Strategic Plan project, you will write a strategic plan using the following outline. You may choose a health care organization you would like to focus on or develop a new health care business. Choose something you are passionate about and may implement in the future. It is recommended that if you choose to work with an existing organization, you add a new program or project to your plan. Suggestions for appropriate new projects include a new program or service for an existing organization, a new product line for an existing business, a new joint venture or acquisition, a new health care payer model for a state, or a new health care business.

This is a multi-week assignment that has five components:

  • Part 1: The Organizational Structure (Week 2)
  • Part 2: Environmental Analysis (Week 3)
  • Part 3: Financial Planning (Week 4)
  • Part 4: Implementation (Week 6)
  • Part 5: Evaluation and control (Week 6)

Selecta health care organization on which you would like to focus.

Researchyour chosen organization’s governing structure.

Writea 1,400- to 1,750-word report. Your report should:

  • Identify the organization’s mission, vision, and key values.
  • Analyze the framework of a strategic plan.
  • Describe the strategic planning model your chosen organization uses.
  • Evaluate the relationship between the strategic plan and your organization’s mission, vision, and values.
  • Describe the organizational structure of your chosen organization.
  • Identify the current key leaders in your chosen organization and describe their roles.
  • Describe the change management model your chosen organization uses.
  • Evaluate the impact of governance on implementation of strategic goals.
  • Consider the role of the Board of Directors on formation of strategic goals.
  • Analyze the organization’s major service delivery and support activities in its value chain. At a minimum, include the following:
  • Location
  • Target market
  • Programs and services
  • Clinical operations
  • Marketing
  • Billing
  • Follow-up
  • Organizational culture
  • Strategic resources
  • Analyze how the organization uses its value chain to implement its strategic plan.

Cite and referenceat least 3 peer-reviewed, scholarly, or similar resources to support your information.

Formatyour paper according to APA guidelines.


Submit your assignment in a Microsoft Word document.

For additional help, check out the ULTRA: Access your assignments page.

Answered 4 days After Nov 09, 2021

Solution

Sanjukta answered on Nov 13 2021
126 Votes
Running Head: HEALTHCARE        1
HEALTHCARE        10
HEALTHCARE (TVS HEALTH CORP)
The company that is selected for this assignment is CVS Health Corp and the new healthcare program will be for the disabled old age people during this pandemic and also receiving the benefits after pandemic as well.
The vision, mission and key values of CVS Health Corp
Mission of CVS Health Corp- One of the primary mission of the firm is helping the individuals on their path for better health. Moreover, the mission statement is completely based on the value proposition of the firm that tends to involve products used for maintaining or enhancing the health of the target consumers. However, the firm tends to use various versions concerning the mission statement and sometimes highlighting it as putting the individuals on their paths for better health. After analysing the mission statement of the firm properly it can be stated that it is the strategic objective that focuses on the products that directly connect to the healthcare needs of the consumers. For instance, the CVS pharmacy has stopped selling the tobacco for focusing on the medicines as well as the personal care products. It is the strategic move for providing appropriate response to the criticism in terms of the sale of tobacco by a retailer that also tends to sell products for the health issues that the related to the consumption of the tobacco (CVS Health, 2021).
Vision of CVS Health Corp- The major vision of this firm is helping the people to live longer, happier as well as healthier lives. Furthermore, it is the vision statement that is synonymous to the retail pharmacy firm’s mission statement. Throwing light on the above-mentioned discussion it can be stated that both of these corporate statements are directed towards the business operations of CVS Health Corp that aims for helping target consumers concerning their health. Based on the corporate vision, the firm’s long-term strategic direction is connecting with the long-term health issues of the consumers along with the healthcare trends and also connected factors in the marketplace.
Main values- The following are the major values of the firm such as collaboration, caring, innovation, accountability and integrity
In a nutshell the vision, mission and core values of CVS Health Corp tends to highlight their business aims for helping to target consumers maintaining the optimal health.
The framework of the strategic plan
It is needless to say that strategic plan in a firm that involves setting the goals and objectives for where the firm sees itself in the long-term basis. With these objectives and goals in mind a proper plan for achieving them must be created. The main elements of the strategic plan for the CVS Health Corp will consist of healthy business, healthy people, healthy planet and also healthy community. The following strategic plan framework will be used for CVS Health Corp:
SWOT analysis
    Strengths
· Wide portfolio in terms of healthcare and pharmacy services enhances average spending
· Established company network enhances market penetration opportunities
· Brand building by putting an end to the tobacco sales
· The value chain strategy of the firm is quite unique as it consist of the independent divisions
    Weaknesses
· Their business model is highly imitable for the retail and healthcare pharmacy operations
· Faces some lawsuits
· Limited retail scope in the retail pharmacy and healthcare operations
· Extreme vulnerability toward the regulatory pressures in the healthcare industry as well as the pharmaceutical industry
    Opportunities
· They have an excellent opportunity to spread their...
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