MHA 626 Week 1 Discussion 1 | Assignment Help | Ashford University
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- 09 Sep 2020
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MHA 626 Week 1 Discussion 1 | Assignment Help | Ashford University
Business
and Strategic Planning
The business plan of a
healthcare organization describes the purpose of the HCO and lends structure to
its organizational goals. The strategic plan is used as a directional guide; in
other words, how the organization will fulfil its purpose and put ideas into
action. The strategic plan also prioritizes the organization’s resources as a
means to fulfil the business plan. Simply put, the business plan is the “what,”
and the strategic plan is the “how.”
To prepare for this
assignment, read Chapters 1 and 2 in the course text as well as the required
article by Varkey and Bennett (2010). You may also want to review the
recommended article by Williams (2008). For your initial post, answer the
following questions in the discussion forum:
• What is the difference between a
healthcare organization’s business and strategic plan? Be sure to include the
purpose of each plan and how they relate to one another.
• Why is it important for a healthcare
organization to develop a strategic plan?
Support your initial
post with in-text citations and references for at least two scholarly sources.
USA 
India