Test Two Flashcards

(43 cards)

1
Q

Identifying and highlighting a major weakness of a primary
competitor, that could be exploited by the hospital or health service
organization when doing its strategic plan, would be found in the
Environmental Assessment section of the hospital or health service
organization’s strategic plan document

A

False

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2
Q

What is an intellectual process or analysis that encourages looking at
the “bigger picture” and into the future to craft a path of action in
order to arrive at desirable results?

A

Strategic thinking

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3
Q

Which of the following are 3 components of strategic management

A

Strategic planning, strategic thinking, strategic momentum

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4
Q

Length of life, quality of life, health behaviors and social & economic
factors are all factors that are called:

A

Health status indicators

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5
Q

A typical community hospitals service area is defined by:

A

Zip code

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6
Q

Benefits of using a structured questionnaire when conducting
stakeholderi interviews includes which of the following?

A

Demonstrates preparedness
○ Provides the interviewer with confidence
Provides structure
Allows focus to be on listening

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7
Q

The percentage of deliveries a community hospital - called hospital A
does in one year, out of all the deliveries from that hospital A’s
that same year, is called hospital A’s:
service area that were done in

A

Market share

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8
Q

Which of the following is an important possible strategic factor to
identify when doing the Service Area Analysis?

A

Service area population trends

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9
Q

One of the primary places where you can find health status data on
the health service organization’s service area population is:

A

Country health rankings

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10
Q

One of the last things to do when completing the Service Area
Analysis section is to define the health service organization’s service
area.

A

False

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11
Q

When submitting a Preliminary Working Draft Strategic Plan
document to senior leadership for discussion, input and feedback, it
isn’t important the document be highly organized and free of errors
in writing since it is a “preliminary” document.

A

False

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12
Q

The number one most important objective for the strategic planning
process is for the strategic planning document to receive approval
from the organization’s Board of Directors.

A

False

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13
Q

Directional strategies provide guidance and direction for
organizational culture and decision-making.

A

True

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14
Q

What does Judy Monroe, MD mean by the saying “Culture eats
strategy for lunch”?

A

Strategy isn’t as effective without 2 strong culture
None of the above
Leadership is accountable for driving a strong culture
Culture is more important than strategy

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15
Q

Strategic planning, strategic thinking and strategic momentum are
the components for:

A

Strategic management

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16
Q

Strategic planning can help organizational leadership create clarity
amongst chaos, particularly during periods of dynamic
environmental change.

A

True

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17
Q

Which of the following is a major component of the strategic Planning document?

A

Service area analysis
Directional strategies
Executive summary
Environment assessment

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18
Q

The values, beliefs and attitudes of the leadership and employees of
a health service organization can be best described as what?

A

None of the above

19
Q

It can be argued that the most powerful conversation that any leader
willhave is the one inside that never gets verbalized. The inner voice
of a leader structures everything he/she does and feels.

20
Q

Leaders who listen to their employees help to do what?

A

Build employee engagement
Build trust
Create understanding
Build a sense of caring

21
Q

Strategic momentum concerns:

A

Daily activities of implementing a strategic plan

23
Q

Monitoring progress towards goal achievement and taking corrective
action, when needed, is the basic management function of:

24
Q

Alignment between organizational strategy and individual employee
objectives is important because it helps provide for congruency and
synchronicity in the work being done at all levels of the
organization

25
Which of the following is one of the strengths or benefits of a Balanced Corporate Scorecard?
All of the above
26
One of the primary purposes of the SWOT Analysis is to summarize key strategic factors that have implications for strategy.
True
27
Being clear and specific about what success looks like and what the goals should be is one of the first tasks of any newly formed group.
True
28
One of the important concepts around the Balanced Corporate Scorecard is to focus all the organization's efforts on financial performance.
False
29
One of the key purposes for developing a business plan for a new service, like an open heart surgery program, is to use the business plan as a decision-making tool.
True
30
A business plan might be used in the strategic planning process to present the feasibility and related details regarding a proposed strategic initiative and to outline the specific action steps, people, resources, capital and timeframe involved with implementing the strategic initiative.
True
31
How many steps are involved in the Management by Objectives (MBO) process?
4
32
Conducting the Internal Analysis can assist us in identifying a distinctive strength of the organization that provides greater value for customers than competitors do or can.
True
33
A hospital's strategic initiatives should be directly tied to one or more strategic factors highlighted in the SWOT analysis section of the strategic plan document.
True
34
Being clear and specific about what success looks like and what the goals should be is one of the first tasks of any newly formed group.
True
35
The purpose for Mapping Strategic Factors is to connect or "map" key strategies to the organization's mission.
False
36
Which of the following most accurately depicts The Value Chain
Pre-service, service, after-service
37
It is recommended the strengths, weaknesses, opportunities and threats analysis or SWOT Analysis - be conducted at the beginning of the strategic planning process in order to "flush out" or identify key strategic factors that go into this analysis early in the process.
False
38
It is recommended the strengths, weaknesses, opportunities and threats analysis or SWOT Analysis - be written in narrative form and be at least two or three- pages in length.
False
39
According to the article titled Hospital Strategies and Transactions: Healthcare Reform and Market Evolution, the author states that healthcare reform will entail a myriad different. strategies that will impact what?
Hospital services, physician practices, ancillary services
40
According to the article titled Hospital Strategies and Transactions: Healthcare Reform and Market Evolution, the author states that perhaps nothing impacts the need for a hospital to reassess its market strategy more than:
Competitor threats
41
Which of the following would be information found in the Internal Analysis section of a strategic plan document?
Staffing trends
42
Akey finding, change or trend that we highlight somewhere in the body of the strategic plan document, and also highlight in the SWOT analysis section, can be called a strategic factor.
True
43