Strategic management refers to the continuous analysis, monitoring, assessment, and planning that enable an organization to fulfill its objectives. In particular, it helps managers to come up with effective policies that lead to a conducive healthcare environment. Strategic management and policies are critical elements that improve a hospital’s working environment.
Policies significantly influence the culture and procedure of a healthcare organization. For example, hospital management might implement a team building activity that brings employees together regardless of their ranks. For this reason, workers change their behavior positively such that they cooperate well, which enables an organization to meet its goals (Pascuci, Junior, & Crubellate, 2017). Through regular analysis, evaluation, strategy formulation, and execution, a firm focuses on its performance (Heinlein, 2017). Moreover, policies determine the relationship between leaders and employees. For instance, an open door policy in a healthcare organization allows nurses to ask for guidance form things they fail to understand from doctors. Consequently, organizational culture and procedure in a health institution are affected by the established policies.
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Strategic management affects an organization’s vision and mission. Specifically, it sets the path through which a firm will achieve its goals. Mission and vision statements show where an organization should be in the short and long term (Khan & Huda, 2016). In that case, if the management makes poor decisions when planning, the firm is likely to be adversely affected. In other words, no organization can meet its goals without effective strategic management. Senior managers should assess, analyze, monitor, and evaluate a firm’s status to know whether it is headed in the right or wrong direction.
To conclude, strategic management and policies have an impact on the healthcare environment. Indeed, they affect organizational culture and procedure of a hospital. Furthermore, strategic management determines whether a healthcare institution will meet its vision and mission.
References
Heinlein, J. (2017). Four reasons why strategic management is essential to healthcare organizations. My SHSMD. Retrieved from https://my.shsmd.org/blogs/the-shsmd-team/2017/05/24/four-reasons-why-strategic-management-is-essential-to-healthcare-organizations.
Khan, R., & Huda, F. (2016). The impact of strategic management on the performance of healthcare organizations. Arabian Journal of Business and Management Review, 6 (5), 2-4.
Pascuci, L. M., Junior, V. M., & Crubellate, J. M. (2017). Strategic management in hospitals: Tensions between the managerial and institutional lens. Brazilian Administration Review, 14 (2), 2-21.
