Assessment 2
Strategic Plan Appraisal
Write a 4-5 page critical appraisal of an organization’s strategic plan from the perspective of a nurse executive, taking into consideration the organization’s mission, vision, and other contextual factors.
Paper must have 3 or more scholarly reference in the last 5 years. Paper must be written in APA format
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Introduction
A strategic plan is constructed from a clear, well-articulated vision and a comprehensive environmental scan. An analysis of the internal and external environments provides a clear picture of the current state and the potential hurdles to overcome in reaching the desired future state. Leaders can then establish goals and objectives that are specific, measurable, acceptable, realistic, timely, and rewarding.
Strategic objectives balance short-term and long-term opportunities and consider the needs of all key stakeholders. From the objectives flow the strategies and tactics for achieving the goals. Building skill in strategic planning positions the DNP nurse as one who makes things happen.
This assessment provides an opportunity for you to critically examine an organization’s strategic plan. An understanding of the organization’s vision, mission, and strategic priorities is crucial to departmental strategic planning that aligns with, and supports, organizational priorities.
Preparation
For Assessments 2, 3, and 4, you will appraise an organizational strategic plan, develop a departmental strategic plan, and propose a quality improvement initiative, respectively. The choice of health care setting as the context for this work is up to you. You may choose the organization in which you currently work, an organization in which you worked previously, or an organization about which you would like to learn more. You will use this health care organization, and a department or division within the organization, as the basis for the remaining assessments in this course.
Note: The assessments in this course must be completed in the order presented; subsequent assessments should be built on both your earlier work and your instructor’s feedback on earlier assessments. If you choose to submit assessments prematurely, without considering and integrating your instructor’s feedback, your assessment may be returned ungraded, resulting in your loss of an assessment attempt.
After choosing your organization, obtain a copy of the organization’s strategic plan. Most large health systems post their strategic plans, visions, and missions on the Internet.
Instructions
Write a critical appraisal of the organization’s strategic plan. Identify strategic priorities and orient yourself to the key performance indicators (KPI) the organization uses to drive quality. Include the quantitative metrics of the scorecard.
Note: Lessons learned from your appraisal will inform your work in Assessments 3 and 4.
Appraisal Format and Length
Format your document using APA style.
Use the APA Style Paper Tutorial [DOCX] to help you in writing and formatting your appraisal. Be sure to include:
A title page and references page.
An abstract and running head are not required.
Appropriate section headings.
Your appraisal should be 4–5 pages in length, excluding the title page and references page.
Use the following section headings to ensure thorough content coverage and flow.
Strategic Plan Analysis.
Validity of Data and Analytical Strategies.
Stakeholder Input.
Balanced Scorecard.
Evaluation
The following tasks correspond to the grading criteria in the assessment scoring guide, so be sure to address each point. Read the performance-level descriptions for each criterion to see how your work will be assessed.
Select an organization and analyze their strategic plan.
Approach your analysis from a systems perspective.
What priorities appear to take precedence?
How well do the priorities align with the mission and vision of the organization?
Evaluate the validity of data and analytical strategies used to develop organizational priorities.
What data was most likely used to develop key performance indicators (KPIs)?
For example: patient satisfaction data, 30-day readmission data, other internal performance indicators or external regulatory measures.
What was the source of the data?
For example: Centers for Medicare and Medicaid Services (CMS), internal data, public health data, financial data.
Explain how input from stakeholders might have been elicited and incorporated into the development of strategic priorities.
For example, strategic priorities can be developed by the board of directors, elicited from employee focus or patient advocacy groups, or derived from a combination of these approaches.
You may need to interview an organizational stakeholder for this information. If this information is unavailable to you, identify the stakeholders you would approach for their inputs.
Create a balanced scorecard for an organization.
Use four standard balanced scorecard domains: 1) financial, 2) customer, 3) internal processes, and 4) learning and growth.
Include quantitative measures for each domain.
Are the organization’s strategic priorities balanced, or do one or more priorities receive more emphasis than the others?
Articulate meaning relevant to the main topic, scope, and purpose of the prompt.
Write with a specific purpose and audience in mind.
Adhere to scholarly and disciplinary writing standards.
Proofread your writing to minimize errors that could distract readers and make it more difficult for them to focus on the substance of your appraisal.
Apply APA formatting to in-text citations and references.
Competencies Measured
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:
Competency 1: Analyze organizational priorities at the system level.
Analyze an organization’s strategic plan.
Evaluate the validity of data and analytical strategies used to develop organizational priorities.
Explain how input from stakeholders might have been elicited and incorporated into the development of strategic priorities.
Create a balanced scorecard for an organization.
Competency 5: Address assessment purpose in effective written or multimedia presentations, incorporating appropriate evidence and communicating in a form and style consistent with applicable professional and academic standards.
Articulate meaning relevant to the main topic, scope, and purpose of the prompt.
Apply APA formatting to in-text citations and references.
