Craig Hospital Case Analysis

1200 Words3 Pages

Craig Hospital have significant mission, vision, and value that attract vast of citizens and allow them to succeed, achieving top ten rehab hospital in the nation. Nevertheless, Craig Hospital is in need for better strategy to support its decision logic of strategy formulation and strengthen the hospice markets as well as minimizing the risks of leveraging the resources they already possess. Diversification strategy is a great support strategy that assist the strategy formulation as it holds the key to controlling the hospital, market position, and long-term economic viability. There are two type of diversification; related diversification that focus on product and service, while unrelated diversification is more of creating a “portfolio” that …show more content…

The success of the hospital comes from strategies that have been mentions ideally to moves the organization toward achieving its mission and vision; however, in order for the organization to achieve such success requires the leader to establish a final strategic thinking to allocate to the four previous strategies that was made and align orderly. Craig Hospital has an outstanding mission and vision with highly advance research and variety of rehab programs to assist patients in recovering which are the direction and adaptive strategies. However, the hospital heavily depend on charitable fund which can cause no limits to programs and financial issues; in this case it is market entry and competitive strategies that are the weaknesses in the …show more content…

This services serves as the beginning steps of implementation strategy that is precisely plan to assure Craig Hospital is in process of achieving their goal. The second portion of the value chain which comprises the support activities, including the organization’s culture, structure, and strategies resources are called, value adding support strategies. Ideally, this part of the portion is important that the strategy is consciously aligned in order to accomplish the whole strategies. As the lower portion of the strategy is plan resulting competitive strength and weaknesses, in which allows the organization to have the upper advantage of making change in their plan and eliminate the future negative possible outcome that could happen upon the organization in the support activities. In figure 3.1, exemplify the process of how value adding support strategy should work to create momentum for the

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