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Strategic Healthcare Management: Planning and Execution

Stephen L. Walston, PhD

Softbound, 443pp, 2013

Book Description

Through cases, examples, and assignments, this book comprehensively explores the planning, management, and implementation of mission-driven healthcare strategy. The author—a university professor, consultant, and former hospital CEO—taps into his global experience to present practical concepts and their real-life applications, highlighting the importance of both competitive and collaborative strategies to an organization’s success in the healthcare marketplace.

The book is divided into six major components:

  • Definition of the core concepts of strategy, including market structure, business models, generic strategies, first-mover strategies, growth and integration strategies, and strategic alliances
  • Discussion of the relationship between strategy and an organization’s key stakeholders, values, mission, and vision
  • Presentation of common tools and methods used to evaluate the external and internal environments, including SWOT analysis, value chain analysis, portfolio analysis, and financial analysis
  • Explanation of how strategic, marketing, and business plans should be developed and executed to achieve an organization’s mission and vision
  • Examination of strategic change management, strategic leadership, and the impact of organizational structure on strategy
  • Description of follow-up methods and tools for monitoring and evaluating strategic results, including goal setting, Gantt charts, balanced scorecards, and budgets

Instructor Resources: Test bank, PowerPoint slides, answers to end-of-chapter questions, and suggestions for presenting and discussing the cases.