BHA FPX 4003 Assessment 1 The Affordable Care Act and Beyond

Strategic Planning and Leadership

As our world becomes increasingly complicated (BHA FPX 4003 Assessment 1) and interconnected, achieving strategic change necessitates a multi-organizational and multidisciplinary approach. Strategic leaders must develop the mentality and collaboration abilities necessary for driving such transformation (Jango, 2024). Effective healthcare leadership is important in improving care quality and integration. The leadership style adopted care quality and the ability to integrate care between patients and healthcare staff (Gebreheat et al., 2023).

Leadership theories and models are varied in character; some are descriptive, providing insights and explanations of leadership phenomena without proposing particular actions or behaviors. Others are prescriptive, advising leaders on the activities, behaviors, and processes that must be employed to be successful. Certain theories and models combine descriptive and prescriptive components, exhibiting leadership principles and advocating good leadership actions (Eva et al., 2019).

Effective leaders must be able to encourage others to engage in goal-oriented actions through strategic planning. Strategic planning includes prioritizing activities, efficiently allocating resources, and aligning stakeholders and workers with the organization’s goals. It is an approach of taking advantage of knowledge to clearly describe an organization’s vision, goal, or direction while also ensuring that critical parts are in line with that vision (Pract, 2019).

Strategic planning is not a one-time event, but a continuous activity. Strategic planning tools are vital for directing a business to success. Selecting the correct team members and procedures to drive the organization’s performance is an important part of strategic planning in leadership (Pract, 2019).

 

Overview and Importance of Strategic Planning Specific to Healthcare

Strategic planning is a systematic process that involves prioritizing activities, allocating resources efficiently, and aligning stakeholders and workers with the organization’s objectives. It means using expertise to record the organization’s vision, purpose, or desired path, and ensuring that important parts align with that vision (Gandrita, 2023). Strategic planning is important in the healthcare industry because it promotes clarity and communication.

When strategies are well-defined and corporate objectives and aspirations are conveyed, along with clear actions for achieving them, workers and stakeholders gain trust in the company. Strategic planning is a continuous activity, rather than a one-time exercise (Bhati, 2023). This method is programmed, systematic, rational, and comprehensive, encompassing short-, medium-, and long-term goals. It helps healthcare organizations to focus on meaningful and long-term improvements (Huebner & Flessa, 2022).

Strategic planning involves utilizing available tools to chart the course for an organization’s success. It includes methods, metrics, targets, results, goals, and intended outcomes that are all consistent with the purpose. To accurately analyze the influence on the organization’s purpose or vision, key questions such as “How do we reach our goals?”, “How can we improve?”, “How do we measure success?”, and “What were our results?” must be asked at all stages (Ngure, 2022).

When developing a strategic strategy, various elements must be addressed. One important component is selecting the correct team members—ideally, a cross-functional team comprised of a mix of high-level and tactical thinkers, as well as some high-performing or younger employees who can question the status quo and earn significant developmental experience. Once the team is in place, they will concentrate on tactical strategies and execution, with frequent monitoring and check-ins to ensure momentum and success (Maleka, 2019).

Strategic planning sessions should be customized to the leader’s preferred level of engagement, allowing for efficient time management. To eliminate prejudice, it is recommended practice to have a facilitator conduct these sessions. The strategy should make use of the organization’s basic project management competencies to sustain momentum, stick to deadlines, and drive completion. Leaders should connect the strategic plan with the yearly budgeting process to ensure that essential projects are implemented (Taylor, 2023).

Momentum and commitment should be maintained by regular revisions to the plan. It is critical to ask for client input by encouraging them to offer their thoughts and opinions on the strategic direction. In addition, the strategy should incorporate a SWOT analysis to determine strengths, weaknesses, opportunities, and threat