The four steps of SWOT analysis

at
Categories
Tags

 

 

 

 

 

Using the four steps of SWOT analysis discussed in Chapter 4, perform a SWOT analysis for Coastal Medical Center. Use SWOT analysis to identify key factors necessary to get Coastal Medical Center back on track and moving forward on a new road to success.

You are the newly hired COO and has been actively investigating the declining performance of Coastal Medical Center. During the hiring process, the board of directors assigned him the responsibility of getting the organization back on track. Help Reynolds develop a strategic planning process that will place Coastal Medical Center on a new road to success.

As the COO of CMC you have met with Dr. John Warren, the chief medical officer, and Dr. Debra Jones, the director of the CMC emergency department (ED). They discussed the quality-level data included in the report on the next two slides. They also discussed a workload report of the ED service volume for the past year. The data show a high level of ED utilization. The average charge for a hospital ED visit is $1,000 plus $500 in ancillary charges such as laboratory, radiology, and pharmacy. However, the data also suggest that a percentage of the ED patients are leaving without being seen. Mr. Henderson, Dr. Warren, and Dr. Jones are concerned about lost revenue because hospital data show that in addition to the ED charges, if admitted to the hospital, patients generate an average of $100 in profit per inpatient day.

Based on your evaluation of the ED data do you see any current problems?
Based on the data provided, calculate the potential lost revenue for the Emergency Department visits over the past year?
Based on the data provided, calculate the potential lost downstream hospital revenue from ED Admissions that walked out, over the past year?
As the Director to the ED, what recommendation would you to the Coastal Medical Center CEO Ron Henderson and Dr. John Warren the Chief Medical Officer about some options on how to deal with the ED problem.

 

Sample Solution

The four steps for SWOT analysis

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business. SWOT analysis is a tool that can help you analyze what your company does best right now, and to devise a successful strategy for the future. SWOT can also uncover areas of the business that are holding you back, or that your competitors could exploit if you don’t protect yourself. A SWOT analysis examines both internal and external factors, that is, what is going on inside and outside your organization.

 

 

 

 

 

Why Sports are Not Important

GuidesorSubmit my paper for investigation

powerful article on sports

For what reason do proficient sportsmen and sportswomen earn a large number of dollars by shooting a ball into a net, for example? Numerous different models can be given of such practically silly games exercises that have by one way or another shaped a worthwhile domain of “amusement.” While individuals around the globe are starving to death because of an absence of nourishment, social insurance, and asylum, others are watching celebrated games characters score objectives and focuses. While considering the experiencing comprehensively coming about an absence of assets, burning through cash on games appears to be a somewhat misinformed buy.

Take the figures: in 2013 alone, 33.7 billion dollars were spent on major games all inclusive. That implies in just a single year, the sum spent on major game tickets would be sufficient to revamp the foundation of the as of late obliterated Gaza Strip and feed its occupants three dinners every day for seven months (Forques Magazine). We have to sorted our needs out—what is progressively critical to us: seeing our preferred groups contend and the way of life encompassing that challenge, or sparing the lives of those that are frightfully influenced by beguiling war?

Your paper is practically all set?

Let a specialist have a last perused your paper before giving it in.

The Sure Way to Getting a Higher Grade.

SEE YOUR GRADE BEFORE

Turning in YOUR PAPER.

FREE EXPERT HELP

In any case, it appears we treasure amusement and sports culture more than assisting those that are biting the dust in the roads every day. The Edmonds Daily Newspaper distributed an article on the fixation of sports in the U.S. overall, a U.S. resident goes through an amassed three hours watching sports news inclusion every month, and buys 1.2 passes to major games at regular intervals (Edmonds Daily Newspaper). Imagine a scenario in which we utilized these hours and buys to assist others that are in a desperate circumstance day by day.

The measure of cash spent on significant games garments and keepsakes is additionally disturbing. In an investigation by Sarvend University in Minnesota, it was discovered that each world resident on normal goes through $7.4 every year on outdoor supplies, regardless of whether it be apparel identified with groups, athletic gear with markings of pro athletics group images, sports gaming cards, sports betting, or computer games that depict their preferred groups in real life (Opus, 311). The measure of cash spent on avid supporter extras could be coordinated towards substantially more all encompassing causes, profiting the individuals who dread for their lives every day.

With the unnecessary measure of cash spent on major wearing tickets, the measure of time we spend on watching significant games, and the measure of cash spent of avid supporter frill, we focus on significant games. In our reality, our nation, our state, and even our city, there are endless people who can’t bear the cost of lodging, nourishment, and other essential necessities. Rather than giving out our cash to the gigantic business of significant games and items related with significant games, we could utilize our buying power for causes that would spare individuals’ lives. Directing billions of dollars into significant games isn’t intelligent when we have a world attacked by misery.

References

Klim, Christopher. “Spending on Sports.” Forques Magazine 11/06/2014. Magazine.

Jameson, Michele. “How and Why We Watch Sports.” Edmonds Daily Newspaper 6/7/2014. Paper.

Creation, Michael. The

 

 

This question has been answered.

Get Answer