Week 5 Assignment: Strategic plan Issue ( becoming a magnet hospital)
Week 5 Assignment: Strategic plan Issue ( becoming a magnet hospital)
Write a 1- to 2-page explanation of your evaluation plan. Include the following in your plan:
Explain what kinds of information you would use to evaluate your Strategic Plan.
Explain how often you would analyze the data.
Explain how you would monitor the goals, objective, and vision for your Strategic Plan.
Explain how you would keep stakeholders informed.
Explain how you would handle potential deviations or needed changes in goal or objectives related to your Strategic Plan.
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Section 8: Executive Summary
An Executive Summary provides an overview of your proposed change and allows your target audience to become acquainted with the essential elements of the strategic plan. Your Executive Summary should be informative and persuasive, delineating the business case for your proposed change.
To prepare:
Review the information in the Learning Resources related to developing an Executive Summary.
To complete:
Provide a 1-page Executive Summary for your Strategic Plan issue that appeals to your target audience and presents key information related to your Strategic Plan.
Describe the unmet need you are addressing with your Strategic Plan and convey the urgency or significance of this problem.
Clearly state your proposed change and substantiate your recommendation.
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Obtaining Magnet Hospital status
Evaluation Plan
In every project, there is always a need to evaluate the information that will support the project implementation. Hence, for this particular strategic plan for St. John’s Hospital, the main information will consist of a literature review and previous evidence-based research of individuals and groups that tried to engage in a similar project (Portney, 2020). The literature review will provide an overview of the effectiveness of a hospital attaining the magnetic status and how the nurses will benefit from such implementation success. On the other hand, the previous evidence-based research will be essential in assessing the viability of the project in the hospital. The empirical data and findings of such research projects will give the project manager a clear picture of what to expect during the strategic plan implementation process and effective design solutions for the project’s success (Portney, 2020).
Data analysis will take place at each stage of implementation to help the project manager assess if the project follows the right process and if it reflects the project’s long-term goals. That is due to the essentiality of data analysis since it enables the project manager to assess factors like employee morale, operation inefficiencies, and possible financial implications (Langan et al., 2019). However, for the stakeholders to keep engaged with the strategic plan implementation process, there will be a need to engage them in regular project updates making effective communication an essential factor (Zerfass et al., 2018). Hence, after every two weeks, the project team will compile a report that will be disseminated to the stakeholders through emails since it is the most convenient method.
For the strategic plan’s vision, objective and goals, the monitoring process will be done monthly where all project team and stakeholders’ representatives will be part of the review process. During the review process, team members will utilize brainstorming to help make informed decisions, especially if there is an adjustment to the plan (Langan et al., 2019). Potential deviations and changes are at times unavoidable in a project. Hence, during the strategic plan implementation, there will be a need to involve a quality control professional whose work will be to regularly assess potential risks and engage the team in finding solutions, especially for complex issues.
Executive Summary
St. John’s strategic plan is effective since it aims at helping the healthcare organization become a magnetic hospital, with the project implementation taking twelve weeks. The essentiality of attaining the magnetic qualifications is that the hospital will gain an opportunity to offer continued and advanced education to nurses. As a result, the healthcare organization will easily nurture nurses that can fill different positions when required, thus promoting patient care and increasing the work environment’s safety. In that case, magnet status attainment in healthcare will be essential, especially in addressing job satisfaction and low burnout cases. Before engaging the stakeholders in the process, the first step will be to outline the project’s goals, objectives, and vision. These factors will help keep the stakeholders and project team aligned to the strategic plan, thus leading to its success. Therefore, the main strategy to ensure that the team views the bigger picture of the project vision, goals, and objectives is engaging transformational leadership. Transformational leadership is essential since it enables leaders to motivate the project team toward attaining its success. The project will also incorporate the healthcare professionals and hospital management as the main stakeholders to ensure that the strategic plan yields the best outcomes. When a project team becomes motivated, they develop higher self-esteem that boosts their productivity through developing a sense of belonging. It is then advisable that the strategic plan engage these team members in every implementation stage. When identifying the proposed change’s effectiveness, a scoreboard will be necessary to ensure that the project team assesses the change’s impact on St. John’s internal process, patients, organization capacity, and finances. Hence, through the scorecard, the project manager will assess the possibility of St. John reducing adverse health effects once it attains the magnetic status.
References
Langan, J. C., Lavin, R. P., Griffin, A. R., Veenema, T. G., & Dobalian, A. (2019). From brainstorming to strategic plan: the framework for the society for the advancement of disaster nursing: a work in progress. Nursing administration quarterly, 43(1), 84-93. doi: 10.1097/NAQ.0000000000000335
Portney, L. G. (2020). Foundations of clinical research: applications to evidence-based practice. FA Davis.
Zerfass, A., Verčič, D., Nothhaft, H., & Werder, K. P. (2018). Strategic communication: Defining the field and its contribution to research and practice. International Journal of Strategic Communication, 12(4), 487-505. https://doi.org/10.1080/1553118X.2018.1493485