N Assignment Example | Topics and Well Written Essays - 500 words - 5

N - Assignment Example Planning should focus on the most important issues that will determine the success or failure of a hospital. Strategic planning aims at ensuring a hospital can adapt in the ever changing environment. A vision statement has to be developed which describes future objectives of the hospital. The mission statement of the hospital also has to be reviewed. The mission statement has to specific and a representation of what the hospital will be in future. It also develops guiding principles which act as a base for the strategic planning process. Strategies should be closely linked to the vision and mission of the hospital. This will create certainty in achievement of goals and objectives as there will be no changes which will disrupt the relevance of the strategic plan. Responsibility has to be assigned to relevant stakeholders with a main focus on the objectives, strategies and goals and the resources required to achieve outlined objectives should be determined. This will act as a guide for all the activities. Objectives will be achieved within the specified time frame and this will direct the ho spital towards attainment of its goals and objectives. A strategic plan is defined as a document which contains goals, objectives, vision and mission statement of an organization and how stakeholders would achieve the objects within a specific time period. The plan is used to identify how available resources within an organization can be utilized to ensure success. A business plan, on the other hand, is a statement used to evaluate a business and future business plans. It demonstrates to other individuals the main activities of the business. Daily operations of a hospital reflect outlined strategic goals and objectives since the hospital and the medical staff is aware of activities that have to be carried out to ensure hospital’s success. This is also evident through monitoring as operations are followed up and updated due to the