CPHQ Exam 2 (Answered) Verified Solution 100%
Strategy
A planned action toward a goal
Strategic Management Process
A six-step process that encompasses strategic planning, implementation, and evaluation
Strategic Planning
A set of procedures for making decisions about the organization's long...
CPHQ Exam 2 (Answered) Verified Solution
100%
Strategy
A planned action toward a goal
Strategic Management Process
A six-step process that encompasses strategic planning, implementation, and
evaluation
Strategic Planning
A set of procedures for making decisions about the organization's long-term goals and
strategies. Consider what the company wants to do, what it should do, and what it can
do.
mission statement
a short, specific written statement of the reason a business exists.
Vision Statement
Expresses what the organization should become, where it wants to go strategically
Guiding Principles
Define the organizations attitudes and policies for employees and thereby help to direct
the vision.
SMART goals
goals that are specific, measurable, attainable, realistic, and timely
How to determine "what an organization should do"
Assess the external environment
How to determine " what an organization can do"
Assess the internal environment
structural variables
Subsystems of an organizations
Hoshin
A Japanese word meaning statement of objectives.
Hoshin Kanri planning
policy deployment through a strategic planning process that utilizes project-based
improvement. Planning typically performed at three levels: general (senior
management), intermediate (middle management), and detailed (implementation
teams).
Bears ultimate responsibility for setting policy, financial and strategic direction,
and the quality of care and service provided by all of its practitioners
An organization's governing body
Leadership
The ability to influence an individual or group toward achievement of goals. Determining
the correct direction or path.
Management
Doing the correct things to stay on the correct path.
Continuous survey readiness (CSR)
Preparation for accreditation surveys
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LectDan. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
