NR 533 Week 6 Discussion: Business Plan Development: SWOT Analysis (Version 1) | Download To Score An A
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Course
NR 533
Institution
CHAMBERLAIN UNIVERSITY
NR 533 Week 6 Discussion: Business Plan Development: SWOT Analysis Week 6: Business Plan Development: SWOT analysis For any new project or revision of a current process, key questions that wil l need to be answered are whether it's needed, does the institution have the capacity to support it, what ...
nr 533 week 6 discussion business plan development swot analysis version 1 | download to score an a
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CHAMBERLAIN UNIVERSITY
NR 533
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NR 533 Week 6 Discussion: Business Plan Development: SWOT
Analysis
Week 6: Business Plan Development: SWOT analysis
For any new project or revision of a current process, key questions that will need to be answered are
whether it's needed, does the institution have the capacity to support it, what is already in place that will
facilitate implementation, and what are the downsides or barriers to development. In short, the SWOT
analysis is a necessary component of planning a project and preparing the business plan. Critically
examine your PICO(T) and project proposal through the lens of a SWOT analysis of your organization.
Determine and describe what information you know and what you need to find out to complete a SWOT
analysis that will provide rationale and validity for your project.
Hello class and Dr. S.,
Performing a SOT analysis is a creative move to evaluate your organizations position within the
healthcare industry that identify is strengths, weakness, opportunities and threats. Analysis will
assist in development of strategies to marginal threats, enhance strengths, and provide guideline
for potential solutions while optimizing opportunities. This can be helpful in the budgeting
propose, staffing necessities, as well as, other strategic plans or evaluating a project proposal.
SWOT analysis is a useful tools to evaluate things that may impede or progress a research
project. The factors can be more defined with greater specificity related to the actual project. It
can be beneficial in determining whether a problem is important and reasonable to address in a
business plan. The data will come from multiple sources. However establishing your objective
will determine the source of where you obtain the data.
Strengths Weaknesses
High Quality Care Aging work force
RN level nursing staff Growing elderly population
Internal Nurse Residency Program Increased salary, wages, benefits
Tuition Reimbursement Budgetary constraints
Positive employee rating Struggling profit margin
Established reputation in community Shortage of RN staff
Large provider network Frequent Leadership turnover
Cutting edge surgical technology Lack robust research activity
Onsite Wellness Center Limiting physician specialties
Only for-profit organization
Opportunities Threats
School of nursing collaboration Magnet Organizations
Increase Market Share Paired organizational school of
External Magnet designation nursing
Acquisition by local based organization Rising Cost of healthcare
Enhanced onboarding process Payer Capitation
Research promotion Increase self-funded/under-funded
Interoperable health IT population
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