2.1 Week Two Research/Reading Reflection

Instructions

To develop a strategy that will advance the organization, we need to know all that we can about that organization. This weeks focus is on unpacking that information and insight.Wk2 AssignmentThis weeks draft takes last weeks draft and adds another section and at least another four quotations/citations/references (now totaling at least eight). This section should include the following elements:Industry Overview and InsightsOrganizational HistoryMission, Vision, and ValuesMain value proposition(s)Current LeadershipStakeholder AnalysisOrganizational MandatesInclude at least one worksheet from the Bryson workbook. Choose any one that seems appropriate. You can fill it out by hand, scan it or take a picture of it with your phone, and then attach it to the strategic plan draft.

Answer

2.2 Strategic Plan DraftIndustry Overview and InsightsThe healthcare industry is one of the most critical sectors of society due to the vital role associated with it. In the US, many organizations provide healthcare services, with the majority being privately owned, such as St. Judes Hospital, the organization selected in the previous paper. According to statistics, 58% of hospitals in the country are non-profit while the government owns about 21% (Niles, 2016). On the other hand, 21% are profit-centered organizations. The WHO recognizes that the US is the biggest spender in this sector, with an estimated $9 billion spent on healthcare, translating to about 17% of the GDP (Niles, 2016). These figures have are primarily contributed to by children healthcare, in which St. Judes Hospital oper...
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