Swot Analysis of Healthcare Organizations

Blue Cross and Blue Shield of Illinois (BCBS) is considered the largest and most experienced insurance company in Illinois. BCBS was founded in order to provide healthcare to teachers at a reasonable cost. It services over 7 million people. Its mission is “To promote the health and wellness of members and communities through accessible, cost-effective, quality health care” (Blue Cross Blue Shield, 2012). Blue Cross Blue Shield provides its customers with affordable health care. The parent company is Blue Cross Blue Shield Association its signature tag is “Creating Healthier Communities,” BCBS does not have any investors and the customers are considered the investors of the company and essentially who BCBS answers to. This is an important factor because they do not have to keep investors interest in the forefront of decision making, but rather they have the interest of their client in mind. (Blue Cross Blue Shield, 2012) In 2013 the Chicago based company reported profits of 684.3 million dollars. The company employees over 17,000 people. “Blue Shield of Illinois fell well below the $1 billion mark for the first time since 2009, in part because the insurance giant is setting aside money to offset expected losses from the troubled rollout of Obamacare” (Wang, 2014). Despite this setback it continues to expand over various parts of the United States. BCBS

A vital part of the strategic planning process is the (SWOC) analysis. SWOC stands for Strengths, Weaknesses, Opportunities, and Challenges. This information can be used to create ideas for strategic interventions that can shape and guide organizational decisions and actions designed to create public value (Bryson, 2004, pg. 124). Strategic planning is used to solve important issues within organizations. It can help organizations build on strengths and take advantage of major opportunities while overcoming or minimizing weaknesses and serious challenges (Bryson, 2004, pg. 27). Stakeholders and employees can provide detailed information for an SWOC analysis.

The early years of the Walgreens organization focused on expanding the footprint of the operation. (Wagner & Orvis, 2013) To support this expansion Walgreens used a “command and control” strategy as a means of exercising leadership and communicating with employees. (Wagner & Orvis, 2013) As the competitive landscape began to change, Walgreens recognized that it too needed a makeover. (Wagner & Orvis, 2013) New competition entered the market such as mail order pharmacies, big box retailer pharmacies, and internet options such as Google and Amazon were selling the same products as Walgreens. (Wagner & Orvis, 2013) The healthcare industry was changing. Heightened by the passage of the Affordable Care Act, Walgreens recognized that it needed

Sixteen thousand two hundred and twenty-four dollars is the average cost to attend Jacksonville State University per year. That comes out to three hundred and twelve dollars per week an athlete is being compensated by the university for the athlete’s contribution to the university. Considering three hundred and twelve dollars per week amounts to take home pay. Therefore, the student athletes would have worked 52 weeks for forty hours per week at a job paying approximately eleven dollars per hour, for most college athletes that is a fair compensation. However, what if the student athlete comes from a family that is unable to provide them with any financial aid help with things as basic as personal hygiene or transportation home on the holidays?

The finest healthcare organizations cooperate a combination of technology and training to accomplish their healthcare guidelines and policies with procedures. Technology solutions turn into serious enablers to smooth this method. This approach can aid in offering a structured outline for informing, approving, and collaborating to the establishment, as well as, safeguarding that older guidelines are accurately filed and not scattered in a manner that can result in a patient not receiving proper care within a proper timeframe.

SWOT has been used by countless practitioners, marketing researchers, and is a frequent and popular tool for business marketing and strategy students. Its simplicity and catchy acronym perpetuates its usage in business and beyond as the tool is used to assess alternatives and complex decision situations. In the business arena the grouping of internal and external issues is a frequent starting point for strategic planning. It can be constructed quickly and can benefit from multiple viewpoints as a brainstorming exercise. Typically, managers first consider internal strengths and weaknesses (at the top row of the 2 × 2 grid) which can include image, structure, access to natural resources, capacity and efficiency, and financial

In 1962, Sam Walton founded Wal-Mart by opening the first Wal-Mart in Rogers, Arkansas. Wal-Mart Stores Inc. was incorporated October 31, 1969. By the end of the 1960s, Wal-Mart had grown to 276 stores in 11 states, and Wal-Mart went public in 1972. In 1991, Wal-Mart opened its first international store in Mexico City and has never looked back. As of this year, Wal-Mart has 8,446 store and club locations in 15 countries that serve more than 176 million customers every year (walmartstores.com)

SWOT analysis has been identified as a defective tool used in the strategic planning due to its unsystematic and its non-quantitative nature that which does not have a predictive power. The Meta-SWOT has been introduced as an alternative because it does not consider market as one of the major determinants of the environment, but gives an opportunity in the resources and the potential in establishing the competitive advantage. The Meta-SWOT is crucial in making various decisions and how they can be utilized in future. The resources and capabilities are usually utilized based on the VRO method, they are categorized based on rarity, inability to imitate, and the company. The criteria used to analyze the market are ensured that it matches the

In the modern enterprise management and planning, SWOT analysis is a widely known diagnostic tool. Generally SWOT analysis is used to identify the strengths, weakness, opportunities and threats of the enterprise itself, and then combine the company 's strategy with the internal resources and external environment. In fact, it is a systematic framework which helps managers to build organization strategies and market planning.

Content- Moses is watching over his father-in-law's flock of sheep, and he wanders with them to Horeb, the mountain of God. An angel of God appears to him in the form of a bush that appears on fire but doesn't burn. God speaks to Moses and tells him that he's going to deliver the Israelites out of slavery in Egypt. He has picked Moses has to lead them.

Amongst all the novelties, trends, and fashions appearing in the field of strategic management during the last decades, the SWOT analysis, standing for: strengths, weaknesses opportunities, and threats has enjoyed a long lasting popularity among both practitioners and researchers. The purpose of this essay is to demonstrate that SWOT analysis can be used for both businesses and individuals.

One of the strengths is IKEA’s desire and vision for its people and their growth. Why is personal growth important for organizational development? Personal growth is important for organizational development so that a common goal can be met.” As a transformational leader, this writer sees this goal reminiscent of what Bolman and Deal (2013) states:

Wal-Mart is a company which has been active and successful for over 50 years now. Wal-Mart is a retail company which distributes goods and service through its stores and online as well. The company vision states that “To be the best retailer in the hearts and minds of consumers and employees” (Ahmadi et al. 2016). The Wal-Mart mission states that “Saving people money so they can live better” (Ahmadi et al. 2016). Despite its success to implement some of its goals and objectives, the company has some weakness which has been slowing down the productivity and expansion rate. The company has been using the functional and hierarchy leadership structures which have been contributing to the company’s problems.

Sam Walton opened the first Walmart in 1962. He was inspired by the success of his previous dime store business and was driven to bring more opportunity and value to his customers. Offering lower prices and exceptional service led to great success. The company went public in 1970. Walton attributed the rapid growth and success of Walmart to his associates who offered customers a shopping experience that kept them coming back. As the stores grew, Walton added new approaches, technologies, and new store formats (Sam's Club and the Walmart Supercenter). Walton’s desire to offer lower prices while increasing value to customers, set a standard for the company that lives on today (Walmart 1).

Healing comes in a variety of ways at Jewish Hospital. Beyond the hands of physicians, patients receive healing in the form of art, which is made possible by the hospital’s Holistic Healing Committee. The C.A.R.E. Channel and an artistry gift program, “Healing Through Art,” are two patient-focused initiatives at The Jewish Hospital.