Part 1 Strategic management 1. What are the important elements of strategy?

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Part 1 Strategic management 1. What are the important elements of strategy? Why? 2. What issues may arise if your do not identify all the potential disadvantages of your plan? 3. Why is it crucial to

Part 1 Strategic management

1. What are the important elements of strategy? Why?

2. What issues may arise if your do not identify all the potential disadvantages of your plan?

3. Why is it crucial to provide both proactive (during the implementation) and reactive (after completing the implementation) feedback to management?

Part 2 Healthcare

Part of successfully implementing a strategic plan is involving everyone in the organization in the plan. You work as an admission coordinator for an assisted living facility that just enacted its 5-year strategic plan. However, no one has communicated any of the components of the plan to any departments, including yours. Instead, management has chosen to include only senior-level management.

  • What do you think of this implementation approach?
  • Do you think it will be an effective strategy? Why or why not?
  • What would you do differently to ensure the successful implementation of the assisted living facility’s strategic plan?
  • Direct your comments specifically to an assisted living facility’s characteristics and how a strategic plan might be implemented in such an organization.