...Environmental Analysis and Setting Strategic Goals HCS/589 – Healthcare Strategic Management Taylor Jackson Debra Sandberg October 27, 2014 Introduction Environmental analysis is important for a company. This allows for the company to look at external factors that will help them to succeed or fail. Environmental analysis could be internal as well as external. The internal analysis allows the company to look within and analyze the successes and see where improvement can and should be made. The external analysis looks at factors such as location, marketing, and surrounding areas to analyze if the these factors are what is best for the company. Implications of Environmental Analysis According to Arthur (2014), “When doing an environmental analysis as part of a strategic plan, you have to keep an eye out for growth opportunities. Even if the environmental factors look discouraging, you may be able to find opportunities to grow the business.” The implications of the environmental analysis is to ensure the company is growing in the direction in which the CEO is hoping for. The environmental analysis allows the company to see the growth that is happening and see room for change to go along with the opportunities that are presented as well. Major Benefits of Competitive Analysis Kokemuller (2014), “Competitive analysis is a process of systematically comparing your company, products and services against significant competitors within your industry. This is an important...
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...tt Analysis Running Head: ENVIRONMENTAL ANALYSIS OF THE GREEN SHOP Environmental Analysis of the Green Shop SWOTT Analysis In business, SWOTT analysis that reflects company’s strength, weakness, opportunities, threats and trends also have great significance in accomplishing the objectives (Wheelan & Hunger, 2004). With the proper understanding of SWOTT analysis, organization will assess both the environmental factors i.e. internal and external that endlessly facilitate in attaining the pre-set objectives. External Forces & Trend Consideration In the ‘External Forces Analysis’ organic and natural health food shops the major forces included are the legal & regulatory forces, economic forces, competitive analysis and social factors. Legal and Regulatory Factors The legal and regulatory forces are very important for the business of organic food and natural health products. Human health is a highly sensitive issue for the company, so the legal regulation regarding this business is the license of human health administration to sale the food product (Wheelan & Hunger, 2004). It is necessary for the shop to get a certification and license of the nutrition available in the products (Bradford & Duncan, 2000). The legal and regulatory framework would enhance the capability of the strategy formation of the company with the inclusion of the varied legal and regulatory aspects of food and health products (Brown, 2009). Economic Factors The economies of...
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...Environmental Fundamentals University of Phoenix ENV/100-Principles of Environmental Science Environmental Fundamentals An analysis of the fundamental principles concerning environmental science provides and understanding of the study and also the importance of human behaviors having effects on the natural environment. Principles of science and technology assist with determining how environmental problems occur and also assist with generating solutions to minimize problems from arising. The concept of environmental sustainability surrounds itself with sustainable and unsustainable human interactions dealing with the environment, each of which have affected and also affects natural resources both past and present. Environmental Science Environmental science is an interdisciplinary study that focuses on the manner in which humans interact with the environment. The study also focuses on combining information from many other disciplines to include biology, chemistry, and economics as it is concerned with conditions that may have an effect on the environment and also organisms living within the environment. In addition, environmental science attempts to establish necessary principles that outline and determine how the natural world functions. These principles are used to create practical solutions to issues impacting the environment. Problems concerning the environment are typically very complex hence providing scientific explanations and making scientific evaluations helps...
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...Strategic Plan Part II – Environmental Analysis and Setting Strategic Goals Dietrich Burton HCS/589 April 25, 2016 Kelly Imlay Strategic Plan Part II – Environmental Analysis and Setting Strategic Goals In today’s paper we will discuss part II of our Strategic Plan for Sonexus Health A Cardinal Health Specialty Company. In this segment we will evaluate the significance and implications of an external environmental analysis in the development of a strategic plan. Next we will use the SWOT analysis and provide an assessment of Sonexus Health Care organization. In this section we will review how this organization will accomplish their mission, goals, and objectives for strategic planning. We will also evaluate how the organization will respond to internal and external challenges. And finally, we will incorporate our SWOT analysis findings into clearly stated goals and objectives for a 3 to 5 year period by focusing on the strategic plan areas. The purpose of an environmental scanning is to implement your findings into a strategic plan for our organization. This includes growing trends, the consumers that are being served and provide opportunities for improvement. “Definitions of the term abound, but in essence it refers to the means by which organizations gather information on changing conditions and incorporate those observations into a process where necessary changes are made. The right information, combined with the right adaptations, can determine an organization's...
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...Evaluating Emerging Opportunities in UK’s Health Spa Industry Abstract The purpose of this report is to research the Indian Spa company, ISC’s potential on the UK’s market. The findings gave both positive and negative answers in terms of the research question: Should ISC enter the UK Health market? The SLEPT analysis led us to conclude that ISC could potentially handle the macro environment of UK well. The market analysis showed the astonishing market potential availability in the country. The firm’s human capital, external network and financial health showed that the company is well equipped to potentially run a subsidiary within UK. Thus the advice to ISC is, therefore: enter the UK Health market. ISC (Indian Spa Company) is a fictional company. General Country Information The United Kingdom is a constitutional monarchy and unitary state consisting of four countries: England, Northern Ireland, Scotland and Wales. It is governed by a parliamentary system with its seat of government in London. The UK is a developed country, with the world's sixth largest economy by nominal GDP and the sixth largest by purchasing power parity. It was the world's first industrialised country and the world's foremost power during the 19th and early 20th centuries, but the economic and social cost of two world wars and the decline of its empire in the latter half of the 20th century diminished its leading role in global affairs. The UK nevertheless remains a great power with...
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...PUBLIC HEALTH COMPETENCIES A. BIOSTATISTICS Biostatistics is the development and application of statistical reasoning and methods in addressing, analyzing and solving problems in public health; health care; and biomedical, clinical and populationbased research. Competencies: Upon graduation a student with an MPH should be able to… A. 1. Describe the roles biostatistics serves in the discipline of public health. A. 2. Describe basic concepts of probability, random variation and commonly used statistical probability distributions. A. 3. Describe preferred methodological alternatives to commonly used statistical methods when assumptions are not met. A. 4. Distinguish among the different measurement scales and the implications for selection of statistical methods to be used based on these distinctions. A. 5. Apply descriptive techniques commonly used to summarize public health data. A. 6. Apply common statistical methods for inference. A. 7. Apply descriptive and inferential methodologies according to the type of study design for answering a particular research question. A. 8. Apply basic informatics techniques with vital statistics and public health records in the description of public health characteristics and in public health research and evaluation. A. 9. Interpret results of statistical analyses found in public health studies. A. 10. Develop written and oral presentations based on statistical analyses for both public health professionals and educated lay audiences. B. COMMUNITY...
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...How can Environmental Health be enforced and improved? To answer this question you must first know what Environmental Health is and its purpose. Environmental health is a branch of public health concerned with all aspects of the natural and built environment that may affect human health. Other phrases that concern or refer to the discipline of environmental health include environmental public health and environmental health and protection. Environmental health addresses all human-health-related aspects of both the natural environment and the built environment. Environmental health concerns include: Air quality, food safety, liquid waste disposal, medical waste disposal, hazardous materials, solid waste management, and vector control. Environmental health plays a big part in our everyday life, from the water we drink, to the air we breathe, to the food we grow and eat. Globally, nearly 25 percent of all deaths are the total disease burden can be attributed to environmental factors. We must ask ourselves how we can do our part in improving environmental health. For starters knowledge and research is a helpful source. The Center for Disease Control and Prevention is a great source and knowledgebase. It goes into depth on how to improve issues such as air quality, exposure to environmental chemicals, air pollution, and respiratory health. The Food and Drug Administration is also a great source. It provides you with information such as food transportation, food safety, foodborne...
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...Act………………………………………………………………….. 5 Methodology………………………………………………………………………………...8 Collection of Data…………………………………………………………………………..9 Primary………………………………………………………………………………10 Secondary…………………………………………………………………………..11 The Environmental Working Group………………………………………………………12 Primary Survey…………………………………………………………………….13 Questions and Answers…………………………………………………………...14 Findings from the collection of information and data…………………………………..15 Conclusion and recommendations……………………………………………………….17 Appendix A: SWOT Analysis……………………………………………………………..19 Appendix B: EWG’s Business Strategy …………………………………………………26 Appendix C: EWG’s Business Analyses………………………………………………...32 Appendix D: References…………………………………………………………………..37 Abstract Healthcare has been a topic of debate since a long period of time. The recent changes in the government legislation have specified some employer-based requirements for the healthcare provision to employees. Many organizations have also been impacted by the legislative amendments. The following section will cover the introductory knowledge of the Affordable Care Act along with its objectives. Furthermore, we will discuss the impact of this act has on the American society as a whole. The current paper is based on the research and analysis of the effects of The Patient Protection and Affordable Care Act on a healthcare organization. It is the most comprehensive reform of the U.S. medical system in at least 45 years as its supports view it. It has a lot...
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...PESTEL five forces and SWOT analysis of Apple Introduction: “Steven Wozniak and Steven Jobs had been friends in high school. They had both been interested in electronics, and both had been perceived as outsiders. They kept in touch after graduation, and both ended up dropping out of school and getting jobs working for companies in Silicon Valley. (Woz for Hewlett-Packard, Jobs for Atari)Wozniak had been dabbling in computer-design for some time when, in 1976, he designed what would become the Apple I. Jobs, who had an eye for the future, insisted that he and Wozniak try to sell the machine, and on April 1, 1976, Apple Computer was born. Hobbyists did not take the Apple I very seriously, and Apple did not begin to take off until 1977, when the Apple II debuted at a local computer trade show. The first personal computer to come in a plastic case and include color graphics, the Apple II was an impressive machine. Orders for Apple machines were multiplied by several times after its introduction. And with the introduction in early '78 of the Apple Disk II, the most inexpensive, easy to use floppy drive ever (at the time), Apple sales further increased. With the increase in sales, however, came an increase in company size, and by 1980, when the Apple III was released, Apple had several thousand employees, and was beginning to sell computers abroad. Apple had taken on a number of more experienced mid-level managers and, more importantly, several new investors, who opted to take seats...
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...study analysis AZA2040 - Issues, crises and social responsibility. Analyse and critique issue identification and management in a case study Done by: Fungai Dingani Contents Page 1. Issues and crises 3 2. The issue development lifecycle 3 3. DESTEP and SWOT analysis tools 5 3.1.1 Strengths of DETI 5 3.1.2 Weaknesses of DETI 6 3.1.3 Threats of DETI 6 3.1.4 Opportunities of DETI 6 3.2.1Demographic Macro environmental factors affecting DETI 6 3.2.2 Economic Macro environmental factors affecting DETI 7 3.2.3 Political Macro environmental factors affecting DETI 7 3.2.4 Social Macro environmental factors affecting DETI 7 3.2.5 Ecological Macro environmental factors affecting DETI 8 4. Importance of Issue management 9 5. Reference List 10 Identify some of the negative issues within DETI as highlighted in the case study. Start your discussion by defining an issue and in so doing, discuss the difference between an issue and a crisis. Use academic references to substantiate your points. (20) An issue could be described as a focused conflict or an occurrence that is in a dispute that develops gradually between an organisation and another party such as a stakeholder between them and develop into an opinion in differences between them. it usually boils up from a discrepancy in expectations and decisions between a company and its various stakeholders (Sellnow & Seeger; 2013). An issue is almost...
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...difference between trend analysis and comparative analysis Trend Analysis is a ratio analysis technique that examines the value of a ratio over time to see if it is improving or deteriorating. Example: "The analysis of financial information, trend analysis is the presentation of amounts as a percentage of a base year. Example: The trend of a company’s revenues, net income, and number of clients during the years 2001 through 2007, trend analysis will present 2001 as the base year and the 2001 amounts will be restated to be 100. The amounts for the years 2002 through 2007 will be presented as the percentages of the 2001 amounts. In other words, each year’s amounts will be divided by the 2001 amounts and the resulting percentage will be presented. For example, revenues for the years 2001 through 2007 might have been $31,691,000; $40,930,000; $50,704,00; $63,891,000; $79,341,000; $101,154,000; $120,200,000. These revenue amounts will be restated to be 100, 129, 160, 202, 250, 319, and 379. Let’s assume that the net income amounts divided by the 2001 amount ended up as 100, 147, 206, 253, 343, 467, and 423. The number of clients when divided by the base year amount are 100, 122, 149, 184, 229, 277, and 317. From this trend analysis we can see that revenues in 2007 were 379% of the 2001 revenues, net income in 2007 was 467% of the 2001 net income, and the number of clients in 2007 was 317% of the number in 2001. Using the restated amounts from trend analysis makes it much easier...
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...PESTLE Analysis Strategy Skills Team FME www.free-management-ebooks.com ISBN 978-1-62620-998-5 Copyright Notice © www.free-management-ebooks.com 2013. All Rights Reserved ISBN 978-1-62620-998-5 The material contained within this electronic publication is protected under International and Federal Copyright Laws and treaties, and as such any unauthorized reprint or use of this material is strictly prohibited. You may not copy, forward, or transfer this publication or any part of it, whether in electronic or printed form, to another person, or entity. Reproduction or translation of any part of this work without the permission of the copyright holder is against the law. Your downloading and use of this eBook requires, and is an indication of, your complete acceptance of these ‘Terms of Use.’ You do not have any right to resell or give away part, or the whole, of this eBook. PESTLE Analysis Table of Contents Preface 2 Visit Our Website 3 Introduction 4 PESTLE Analysis 6 PESTLE Factors 10 Political Factors 12 Economic Factors 13 Social Factors 15 Technological Factors 16 Legal Factors 18 Environmental Factors 20 Summary 22 Other Free Resources 23 References 24 ISBN 978-1-62620-998-5 © www.free-management-ebooks.com 1 PESTLE Analysis Preface The PESTLE Analysis is a useful method to use in order to identify the external factors that influence...
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...HealthCare Systems Case Study: Partners HealthCare Systems Partners HealthCare is a non-profit, health system located in Boston that created a data based transformation (Davenport, 2013). It integrated a new system that aligned the participating organizations to cohesively run as one and to help shape the future of the organization. The system didn’t stop there as it was responsible for bettering the patient financing experience and the delivery of healthcare information to other organizations (Davenport, 2013). The initial goal of the organization was making patient care more affordable and accountable by providing integrated, evidence based, patient-oriented care. Problem Identified Partners HealthCare, which was created by major contributing hospitals and medical facilities in the Northeast, initially began as a way to focus on the patient needs; however, the company soon found themselves separating from their initial goal. There was more than one problem identified within the realms of the company. There are three main issues that this case study produced. The first outlying issue is called Alert/Warning Fatigue (Davenport, 2013). This derives from alerts that were placed in the system to warn doctors of notices that could be anything from mixing prescriptions to simple notifications that most doctors already knew or was not in their field of study. A second issue that requires resolution to create a successful working system is the sense of non-conformity and disconnect...
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...to convey the detailed environmental analysis conducted, as well as the identified SWOT and PEST analysis, both internal and external environments for Nando’s Restaurant that is based in Singapore. 2. Environmental Analysis 2.1 Definition of Environmental Analysis “Environmental analysis presents information regarding the organization’s current situation with respect to the marketing environment, the current marketing objectives and performance.” (Houghton Mifflin Company. Appendix C Sample Marketing Plan.) “Before developing any marketing strategy, one should immerse in what you know about the markets in which you are interested. One should read all about the markets. Look at what the competitors are doing in those markets. Talk to customers or potential customers in those markets. Consider any trends that affect those markets.” (Don Sexton. 2010. Trump University Marketing 101 – Maco Trends.) 2.2 Importance of Environmental Analysis A marketing environmental analysis is a vital step in identifying all internal and external environmental elements that that might affect the business performance and evaluating the level of threat or opportunity. These factors are largely not able to be controlled by the organisation but the business and marketing strategy is adaptable to take advantage of the opportunities they present while minimising the potential threats. PEST and SWOT are closely related approaches to environmental analysis. PEST analysis measures the market potential...
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...1. 10th October 2011 2. Team 3. ContentsI. Overview Starbucks -MilestonesII. PESTLE-Analysis • General Information • P – Political Issues • E – Economical Issues • S – Social Issues • T – Technological Issues • E – Environmental Issues • L – Legal IssuesIII. Conclusion 4. I. Company overview – Milestone (1)• Founded 1971 in Seattle‘s Pike Place Market• 1982: Howard Schultz becomes Director of Retail Ops; – Starbucks provides coffee to fine restaurants and espresso bars• 1984: First Starbucks Coffeehouse in Downtown Seattle• 1988: Full Health Benefits to employees• 1995: over 500 US-stores 5. Company Overview – Milestones (2)• 1998: starbucks.com• 2000: licencing agreement with TransFair USA to sell Fairtrade coffee in USA and Canada• 2009: East Africa Farmer Support Centre in Kigali /Rwanda; Social Engagement to save lives in Africa• 2010: Asia Farmer Support Centre in Yunnan, China• Total Stores: approximetely 17,000 6. II. PESTEL ANALYSIS Economical Political SocialTechnological Legal Use: Measuring the organization’s goals against influences and Environmental demands of environment 7. 1. Political issues - Issues: Stability of political environment, law, taxes, policies on economy, trading agreements, government’s view on culture and religion, terrorism Example: Hong Kong, Thailand 8. 2. Economical issues The level of inflation. Interest rates. Income per capita. Long-term perspectives for the economy. Stabilization Unemployment rate 9. 3. Social issuesOur...
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