Course Code: HCA7022-8
Course Start Date: 05/08/2017
Section: Strategic Planning Stages
Week: 4
Activity: Formulate a Strategy for a Strategic Plan
Activity Description
Your meeting with leadership went extremely well, and you have been given authority to begin the next phase of your strategic plan by
formulating a strategy. What four components make up the strategy formulation process? Describe the role each plays in developing a
strategic plan for a healthcare organization. Relate this phase to your hospital to illustrate your reasoning.
Prepare an outline of your strategy formulation process and include the four components with the last component comprising the subset of
components needed for your strategic plan. You will be formulating a skeleton for your final strategic plan.
Support your paper with a minimum of five scholarly resources. In addition to these specified resources, other appropriate scholarly
resources, including older articles, may be included.
Length: 5-7 pages, not including title and reference pages
insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to
Northcentral University’s Academic Integrity Policy.
Upload your assignment using the Upload Assignment button below.
Learning Outcomes
4.0 Formulate a strategic plan outline for an example organization. Resources Articles
Bisbe, J., & Malagueno, R. (2012). Using strategic performance management
systems for strategy formulation: Does it work in dynamic environments? Read Article
http://www.sciencedirect.com.proxy1.ncu.edu/science/article/pii/S1044500512000297
Leonardi, P. (2015). Materializing strategy: The blurry line between strategy
formulation and strategy implementation. Read Article
http://onlinelibrary.wiley.com.proxy1.ncu.edu/doi/10.1111/14678551.12077/abstract?jsessionid=A3250C06EBE7711E177F2FE3CE8478B2.f01t02
