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Financial Analysis - Essay Example

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The strategic planning process involves the design of the strategic planning and the implementation of the strategic planning activities. The strategic planning…
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Financial Analysis
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Financial Analysis

Download file to see previous pages... The report is concluded with suitable conclusion about the strategic planning process in ExecHealth and recommendations given to ensure that ExecHealth can become successful in the proper incorporation of the strategic planning in the business.
Strategic planning involves identifying a varying range of organization processes that should be implemented in the organization to set the direction for the organization and take decisions according to these future plans. The strategic planning process provides a map for the organization referring to how the organization can achieve its goals and objectives in its functioning in the future. The strategic planning process involves deciding the future direction of the business, development of proper organizational strategies for the business, making decisions related to these strategies and implementing these strategies and decisions in the working of the organization at all levels. The development and implementation of strategic planning is critical in the healthcare industry, especially in the evolving global economic perspective.
Implementation of the strategic plan is the most critical and complex part involved in the strategic planning process. ExecHealth should focus extensively on different aspects of implementation of the strategic plan as devised by the club. Proper corporate planning would be much necessary for the successful implementation of the strategic plan (The Pennsylvania State University 2004: 4). The corporate planning process of ExecHealth should consider all the different factors like Human Resources of the organization, resources and capabilities of the organization, needs and demands of the corporate clients, the existing competition level in the market, The company should endure that it has a far sighted vision related to the implementation of the strategic plan and it does not lose sight of the ultimate ...Download file to see next pagesRead More
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