Health care organizations are complex and dynamic that strategic planning in order to achieve goals beyond an expected ordinary capacity. Furthermore, in the health care world, just as in the business world, a strategic plan will illustrate an organization’s strengths, weaknesses, opportunities, and threats. Many health care organizations will create strategic plans that outlines strategies and directions for a five-year period. This planning program is a tool that provides a blueprint to strengthen program activities, adopts plans for areas needing improvement, a sets in motion a program of new accomplishments. The Veterans Healthcare Administration (VHA) is no different than any private sector health care facility. A non-profit organization …show more content…
Clearer understanding of the business world’s BCG portfolio analysis, Expanded BCG analysis, as well as the SPACE Matrix can only effectively move the health care industry of the VHA into a successful business aspect. With an unambiguous comprehension of these analysis tools, the higher level of management, can successfully create a strategic plan. Such campaigns will assistance in determining which programs are successfully operated with in the VA, in addition to which programs are failing to meet the standard needs of the …show more content…
Inside this dimension the organization is shown to be competing well in an unstable market. By not being too aggressive with financial resources the VA should be able to adopt and maintain a competitive profile. Furthermore, the SPACE plot reveals that the most appropriate strategic alternatives for the VA are penetration into the market, a result of excellent market development, in addition to continued product and or services development. These programs will assist the VA in enhancing their organization versus remaining status quo. Nevertheless, the BCG also indicates that Veteran’s Choice Program, Disease Prevention, Dental Care Services, Substance Abuse Programs are problem children. These programs have a relatively low market share position. They do though compete in a high growth market. Federal officials and higher administrators must continuously review these programs to determine if the increased investment into them benefits the organization. As financial contribution is made into the market development or service development. The organization might need to liquidate these services to continue be strengthened and compete in the