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NR 446 WEEK 6 EDAPT NOTES STRATEGIC AND ORGANIZATIONAL PLANNING

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  • May 30, 2023
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NR 446 WEEK 6 EDAPT NOTES STRATEGIC AND
ORGANIZATIONAL PLANNING

WEEK 6 EDAPT NR 446 NOTES
STRATEGIC AND ORGANIZATIONAL PLANNING:
An organization has many moving parts. It is important for these parts to move together in a
specific sequence towards a common goal. However, goals can change, and it may become
necessary for organizations to adapt to new environments. Strategic and organizational
planning is a process by which companies can plan, act, and adapt to surrounding
environments or changing population needs.
Which document best describes an organization's purpose?
A mission statement describes an organization’s purpose. Core values represent characteristics
that are important to the organization. A vision statement suggests how an organization will look
going forward. A business description describes the business details.
For an organization to stay relevant to the community they serve, which document can
be used as a guide?
A strategic plan is used as a guide to ensure that an organization stays relevant to the
community they serve. A mission statement describes an organization’s purpose. A vision
statement suggests how an organization will look going forward. A financial forecast plan is an
estimation, or projection, of likely future income or revenue and expenses, while a financial plan
lays out the necessary steps to generate future income and cover future expenses.
Reasons for a Strategic Plan

• Decisions come up during business operations that require specific answers. Some of
these answers could propel a business in a different direction, or completely change how
or why the business operates. When these types of decisions are needed, it is important
to have a set of guiding principles. This is where an organizational mission and vision
are used.
• As a business matures, the environments often change, forcing the further need for
adaption. Companies may find themselves offering completely different services than
they originally had planned. These organizations may also need to adapt to changing
markets.
• Healthcare is no different. Financial and payor systems continue to evolve. New needs
arise within the community fueled by unintended injuries, medical breakthroughs that
make some illness irrelevant, or advanced technology that allows for healthcare
providers with different skill sets to do more.
• Strategic planning is a process by which an organization makes decisions about where
they wish to go or expand in the future. This activity is used to strengthen operations, set
priorities, focus and enhance resources, and ensure stakeholders are all working
towards a common goal.

QUESTION:
Strategic planning is a process by which an organization makes decisions about their future.
This activity is used to work towards a common goal.

, NR 446 WEEK 6 EDAPT NOTES STRATEGIC AND
ORGANIZATIONAL PLANNING

What is a strategic plan?
A strategic plan is a proactive planning process that uses deliberate data collection, analysis,
and forecasting to plan the direction of the future of the company. The purpose is to reduce risks
and uncertainty by preparing the direction and speed at which the organization grows.
By having a plan, an organization can move forward with a unity of goals that direct attention
and specific organizational objectives and help shift and guide resources, as necessary.
It helps to prioritize the decision-making process while ensuring that these decisions are
consistent with the mission and vision of an organization.
Which of the following describes the purpose of a strategic plan?
The purpose of a strategic plan includes:

• proactive planning process
• uses deliberate data collection, analysis, and forecasting.
• offers a unity of goals.
• helps shift and guide resources.
• helps to prioritize the decision-making process.
• reduces risk and uncertainty (not increase risk and uncertainty)

Steps to a Strategic Plan
In imagining the process of strategic planning, think of it as a long journey you are about to take
with others. We can relate it to the nursing process in a series of steps. Click the plus buttons
below to learn more.
Step 1: Assess/Recognize and Analyze Cues
The first step of the process is to understand what resources you have available to you.
Consider questions that help you see your strategic position. For example:

• Do you have funds to pay for transportation?
• Are you healthy enough for the trip?
• Are you able to take time away from your home, school, or work to travel?

Step 2: Diagnose/Prioritize Hypothesis
You then need to identify your priorities or objectives. Consider these questions:

• Is this trip important to take?
• What advantages will I have by taking it?
• Is there something else I should do instead?

Step 3: Plan/Generate Solutions
Then, developing a plan is next. The answers to these questions become your plan moving
forward.

• Who is going with you?
• What transportation should you and your travel companions take?
• How are other people traveling to the same destination?

, NR 446 WEEK 6 EDAPT NOTES STRATEGIC AND
ORGANIZATIONAL PLANNING

• Is there a specific time you need to arrive by? What time do you need to leave?
• What do you need to bring with you, and what activities will you do at the destination?

Step 4: Implement/Take Action
Implementing your plan includes actions such as buying tickets for the trip, following itineraries
you previously created, and ensuring you stay on schedule.
Step 5: Evaluate
Often, adjustments may need to be made based on external things that may be out of your
control. This is when you review your plan, and revise or adapt accordingly. For example:
What if an airline flight is cancelled? What are other ways to get to your destination with minimal
loss of time and money?
Which questions best correspond to a specific part of the nursing process?
Assessment: Are you healthy enough for the trip? Why do you need to take the trip?
Diagnose/Prioritize Hypothesis: What advantages will you have by taking the trip? Is there
something else you should do instead?
Plan/Generate solutions: Is there a specific time you need to arrive by? How do other people
travel to the same destination? Who is going with you?
Implement/Take Action: Buy tickets for the trip, and follow itineraries you previously created.
Evaluate: How was the trip? Did you get everything done you planned to accomplish, or are
there other actions you need to take?
A strategic plan should:

• Have short- and long-term goals: Some of these may be interrelated or required for
completion of another. Outcomes are measured against goals to determine the success
of the action.
• Flexibility: This is important as the healthcare business can be unpredictable and
contain surprises. The COVID-19 pandemic is a good example of this.
• Accurate and consistent data gathering and forecasting: Decisions within a strategic
plan are data-driven. The more accurate and concise the data, the better the ability to
forecast and plan.
• Have a vision: A look into the future of where the organization wants to be in 5 or 10
years.

Which component of a strategic plan is used to determine the effectiveness of an action?
Meeting measurable goals is used to indicate whether an organization has completed planned
actions. Departmental objectives are general areas to complete. The mission statement
describes the organization’s purpose. The fiscal budget identifies planned expenditures.

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