Rubic_Print_Format
Course Code | Class Code | Assignment Title | Total Points | |||||
HCA-470 | HCA-470-O101 | Business Plan Part 2: Financial Analysis and Budget | 60.0 | |||||
Criteria | Percentage | Unsatisfactory (0.00%) | Less Than Satisfactory (65.00%) | Satisfactory (75.00%) | Good (85.00%) | Excellent (100.00%) | Comments | Points Earned |
Content | 75.0% | |||||||
Strategic Initiative | 5.0% | Description of proposed strategic initiative, including proposed changes and expected outcomes based upon the results of the SWOT analysis, is not included. | Description of proposed strategic initiative, including proposed changes and expected outcomes based upon the results of the SWOT analysis, is incomplete or incorrect. | Description of proposed strategic initiative, including proposed changes and expected outcomes based upon the results of the SWOT analysis, is included but lacks explanation and relevant supporting details. | Description of proposed strategic initiative, including proposed changes and expected outcomes based upon the results of the SWOT analysis, is complete and includes explanation and relevant supporting details. | Description of proposed strategic initiative, including proposed changes and expected outcomes based upon the results of the SWOT analysis, is exemplary. | ||
Budget | 40.0% | Budget table, including all relevant budget categories such as staffing, space, equipment, training, education, and other initiative-related expenses, is not included. | Budget table, including all relevant budget categories such as staffing, space, equipment, training, education, and other initiative-related expenses, is incomplete or incorrect. | Budget table, including all relevant budget categories such as staffing, space, equipment, training, education, and other initiative-related expenses, is included but lacks key budget information in 1-2 categories, lacks accuracy, and/or is unrealistic. | Budget table, including all relevant budget categories such as staffing, space, equipment, training, education, and other initiative-related expenses, is complete and is mostly accurate and realistic. | Budget table, including all relevant budget categories such as staffing, space, equipment, training, education, and other initiative-related expenses, is thorough, accurate, and realistic. | ||
Financial Data Overview | 20.0% | Summary of financial data examined to create the budget, including description of specific factors relevant to each financial statement, is not included. | Summary of financial data examined to create the budget, including description of specific factors relevant to each financial statement, is incomplete or incorrect. | Summary of financial data examined to create the budget, including description of specific factors relevant to each financial statement, is included but lacks explanation and supporting data. | Summary of financial data examined to create the budget, including description of specific factors relevant to each financial statement, is complete and includes explanation and supporting data. | Summary of financial data examined to create the budget, including description of specific factors relevant to each financial statement, is thorough and includes substantial explanation and supporting data. | ||
Financial Statement | 10.0% | Figure or appendix containing a financial statement from the selected organization is not included. | Figure or appendix containing a financial statement from the selected organization is incorrect. | NA | NA | Figure or appendix containing a financial statement from the selected organization is complete and correct. | ||
Organization, Effectiveness, and Format | 25.0% | |||||||
Thesis Development and Purpose | 5.0% | Paper lacks any discernible overall purpose or organizing claim. | Thesis is insufficiently developed or vague. Purpose is not clear. | Thesis is apparent and appropriate to purpose. | Thesis is clear and forecasts the development of the paper. Thesis is descriptive and reflective of the arguments and appropriate to the purpose. | Thesis is comprehensive and contains the essence of the paper. Thesis statement makes the purpose of the paper clear. | ||
Argument Logic and Construction | 5.0% | Statement of purpose is not justified by the conclusion. The conclusion does not support the claim made. Argument is incoherent and uses noncredible sources. | Sufficient justification of claims is lacking. Argument lacks consistent unity. There are obvious flaws in the logic. Some sources have questionable credibility. | Argument is orderly but may have a few inconsistencies. The argument presents minimal justification of claims. Argument logically, but not thoroughly, supports the purpose. Sources used are credible. Introduction and conclusion bracket the thesis. | Argument shows logical progression. Techniques of argumentation are evident. There is a smooth progression of claims from introduction to conclusion. Most sources are authoritative. | Clear and convincing argument presents a persuasive claim in a distinctive and compelling manner. All sources are authoritative. | ||
Mechanics of Writing (includes spelling, punctuation, grammar, language use) | 5.0% | Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice or sentence construction is used. | Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) or word choice are present. Sentence structure is correct but not varied. | Some mechanical errors or typos are present, but they are not overly distracting to the reader. Correct and varied sentence structure and audience-appropriate language are employed. | Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. | Writer is clearly in command of standard, written, academic English. | ||
Paper Format (use of appropriate style for the major and assignment) | 5.0% | Template is not used appropriately, or documentation format is rarely followed correctly. | Appropriate template is used, but some elements are missing or mistaken. A lack of control with formatting is apparent. | Appropriate template is used. Formatting is correct, although some minor errors may be present. | Appropriate template is fully used. There are virtually no errors in formatting style. | All format elements are correct. | ||
Documentation of Sources (citations, footnotes, references, bibliography, etc., as appropriate to assignment and style) | 5.0% | Sources are not documented. | Documentation of sources is inconsistent or incorrect, as appropriate to assignment and style, with numerous formatting errors. | Sources are documented, as appropriate to assignment and style, although some formatting errors may be present. | Sources are documented, as appropriate to assignment and style, and format is mostly correct. | Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error. | ||
Total Weightage | 100% |
Rubic_Print_Format
Course Code | Class Code | Assignment Title | Total Points | |||||
Time and Operation Costs | 100.0 | |||||||
Criteria | Percentage | Unsatisfactory (0.00%) | Less than Satisfactory (65.00%) | Satisfactory (75.00%) | Good (85.00%) | Excellent (100.00%) | Comments | Points Earned |
Criteria | 100.0% | |||||||
Projected Expenses and Operating Costs Paper | 35.0% | Projected expenses and operating costs are missing. | One key component, such as expenses or operating costs, is missing for each stage of the business proposal. | Projected expenses and operating costs are briefly included for each stage of the business proposal. | Projected expenses and operating costs are included for each stage of the business proposal. | Projected expenses and operating costs are included and thoroughly explained for each stage of the business proposal. | ||
Pro Forma Excel Sheet | 35.0% | Pro forma Excel sheet is missing. | Pro forma Excel sheet is readable but contains many errors. | Pro forma Excel sheet is easily readable but contains a few errors. | Pro forma Excel sheet is readable and accurate. | Pro forma Excel sheet is easily readable and accurate. | ||
Mechanics of Writing (includes spelling, punctuation, grammar, language use) | 15.0% | Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice or sentence construction is used. | Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) or word choice are present. Sentence structure is correct but not varied. | Some mechanical errors or typos are present, but they are not overly distracting to the reader. Correct and varied sentence structure and audience-appropriate language are employed. | Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. | Writer is clearly in command of standard, written, academic English. | ||
Paper Format (use of appropriate style for the major and assignment) | 5.0% | Template is not used appropriately, or documentation format is rarely followed correctly. | Appropriate template is used, but some elements are missing or mistaken. A lack of control with formatting is apparent. | Appropriate template is used. Formatting is correct, although some minor errors may be present. | Appropriate template is fully used. There are virtually no errors in formatting style. | All format elements are correct. | ||
All format elements are correct. | 10.0% | Sources are not documented. | Documentation of sources is inconsistent or incorrect, as appropriate to assignment and style, with numerous formatting errors. | Sources are documented, as appropriate to assignment and style, although some formatting errors may be present. | Sources are documented, as appropriate to assignment and style, and format is mostly correct. | Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error. | ||
Total Weightage | 100% |
Running Head: MISSION, VISION AND VALUE ANALYSIS 1
MISSION, VISION AND VALUE ANALYSIS 2
Mission, Vision and Value Analysis
Stefanie Williams
Grand Canyon University
07/26/2020
Strategic Direction
A firm’s strategic direction is developed through the establishments of a strategic plan. The direction that a firm opts to take to attain its goal is an essential part of the strategic planning process. A clear strategic direction positive impact is felt all over the firm. A strategic direction for aids in providing clarity direction and focus for a firm; it as well aids in driving organizational alignment and lastly it aids in communicating the firm’s message in a clear manner. Mission and vision statements tend to contribute greatly to the effectiveness of strategic planning process (Becker’s Hospital Review, 2020). The mission statement provides a firm with the purpose and meaning and speaks to the reason why clients would want to visit the firm. In contrast a vision statement is used to provide each person with a description of what they are working towards.
In my previous assignment I chose the Parkview Health System which is a community base firm that provided healthcare services to citizens from the Northeast Indiana and Northwest Ohio. It is mainly known for its motto “Excellent Care, Every Patient, every time.” The Parkview health care system is comprised numerous health care facilities including the specialty care physicians and a moderately sized primary care network. The firm boasts on nursing excellence and proud fully promotes itself as the location’s greatest employer with more than 13,000 workers (“Parkview Health,” 2020). The firm dictates itself to employing qualified and dedicated workers. The main goal of the firm is to aid in improving health as they create inspiration to patient on taking the required strategies in improving their health. Through consistent updates and assessment in technology and the vision and mission statement, the firm will be consistent in enhancing the quality of care.
Mission and Values
Within their ten facilities, Parkview Health provides high quality care and excellence with a wide range of quality treatments all while the services are easily accesable. With this we can conclude that it has a well detailed and focused mission vision statement. The mission and vision statement of Parkview Health include: “As a community owned, not for profit organization, Parkview Health is dedicated to improving your health and inspiring your wellbeing by: tailoring a personalized health journey to achieve your unique goals; demonstrating world class teamwork as we partner with you along that journey; and providing the excellence, innovation and value you seek in terms of convenience, compassion, service, cost and quality.” (“Parkview Health,” 2020). This shows that the firms makes the care that the patients get unique and specific to them as they make them responsible for their well-being. Quality is key to the values of the mission and vision as they ensure that the patient are convinced that Parkview is dedicated to their healthcare needs.
Effectiveness
For a health care facility, certain features should be reviewed when developing a mission and vision statement, the statement should be short in length, but meaningful. Because of this, a brief, short statement will create ease when memorizing or stating the statement. Organizational goals should also be included (“Defining the Future Direction of the Organization,” n.d.). Parkview Health describes it mission and vision statement in one lengthy statement. However, this statement is effective in describing the firms’ objectives for any and all to comprehend. Goals of the firm can be seen within the statement and aid in developing motivation for the organization by basic service and care enhancements. Parkview is dedicated to offering the most appropriate patient based care to patients and their families. They mainly aim at making that all the patients and families get quality care and that they maintain the health facility as a safe and comfortable place (“Parkview Health,” 2020).
Christian Worldview
Parkview Health mission and vision are aligned to the biblical principles since it majors on the well-being of other. They are commitment to objectively and honesty when caring for others. Christians tend to believe that they should be committed to enhancing the well-being of others. Christians as well believe in the principles of ethics that guide the evaluation of people and nation. Parkview health system is aligned to ethics since with regard to its vision and mission system it is even a nonprofit firm that enhances the health of the patients. Adherence to these values of Christianity aids in providing a good direction for the firm to follow and gives the employees the reason as to why they want to attain their vision.
Major Organization Resources
The firm is a nonprofit firm that is legally bound to do well for the benefit of the society. Their leadership board is composed of community leaders and earnings are reinvested in order for the society to benefit. Since the facility main aim is to make health care accessible to all the citizens where some are unemployed, uninsured, low income families and individuals with disability and many others. Parkview along with its partnerships, offer school nurses as an affordable health services to the uninsured, and also provide transportation assistance to those whom are unable to provide transportation for themselves. The community partner benefit programs assist in helping to promote a healthy lifestyle, and long with this they also offer education and initiatives that have been implemented to aid in addressing health care needs. Additionally, their vision and mission enables them to collaborate with firms with similar beliefs as they create outside funding in the locations that they serve.
Strategic and Organizations
Funding are distributed as an approach for strategies to be managed and reviewed in a firm (Strategic, 2009). The modifications of care and services are the top tier priority, then once this has been completed Parkview will begin to focus on putting patient before profits which include not allowing patients. The firm’s development mainly dependent on the services provided. The goal within the region is to provide the communities with high quality health care professionals.
Strategic Objectives
Strategic objectives acts as a firm’s ambition. The firm’s ambition include the mission and the vision statements. Thus the strategic objectives aid in describing the main thrust of a firm and its goal which can be attained by successfully conducting business strategic objectives. Strategic objectives aids in fulfilling a strategy, addressing concrete and develop company unity. Strategic objectives is as well essential for strategic planning since it aids in clarifying the purpose and the basic measurable objectives of the firm. It as well aids in describing the firm’s purpose (Hawthorne, 2019).
Conclusion
The mission and vision statements of Parkview health systems shows a primary goal of offering quality care, by quality health care professionals, all while maintaining a patient focused organization. As the funding and the needs of the facility continues grow and increase, the mission and vision statement will also needs to be revisited and evaluated overtime for potential changes, since as an organization grows and evolves, so will the mission and visions for the future.
References
Becker’s Hospital Review. (2020). Strategic Planning Framework: The Importance of Mission. Retrieved from https://www.beckershospitalreview.com/strategic-planning/strategic-planning-framework-the-importance-of-mission.html
Defining the Future Direction of the Organization. (n.d.)
Hawthorne, M. (2019). The Purpose of Mission and Vision Statements in Strategic Planning. Retrieved from https://smallbusiness.chron.com/purpose-mission-vision-statements-strategic-planning-13161.html
Parkview Health. (2020) Retrieved from https://www.parkview.com/media/file/PH_Fact_sheet_2020.pdf
Strategic Planning: Why It Makes a Difference, and How to Do It. (2009). Journal of oncology practice, 5(3), 139–143. Retrieved from https://www.ncbi.nlm.nih.gov/pubmed/29452035
Student Name: Stefanie Williams
Thesis statement (State the name of the selected organization and what will be covered in the SWOT Analysis in one sentence):
· The Parkview Health System presents strengths, weaknesses, opportunities and threats it encounters in an attempt to achieve their mission, upon which this discussion paper are established.
Strategic Goal(s) (Identify at least one strategic goal that could be pursued in the business plan based on the SWOT Analysis):
· SWOT analysis is a methodology of planning that enables the Parkview health system in establishing a strategic plan to achieve goals, boost operations and business relevancy.
Strengths In this section include information regarding: · Strengths – characteristics that are attributes of the organization (internal in origin) that would help achieve the strategic plan. · Adequate resources financially (Olyaeemanesh et al., 2018). · Good relations and contacts. · Distinguishing competence (Helms et al.,2008) · Innovative services and programs (Dixon, 2012). |
Weaknesses In this section include information regarding: · Weaknesses – characteristics that are attributes of the organization (internal in origin) that would be harmful in achieving the strategic plan. · Unclear directions strategically (Helms et al., 2008). · Missing essential competent skills. · A decreasing position with competitors (Dixon 2012). · Poor record keeping of strategies of implementation. |
Opportunities In this section include information regarding: · Opportunities – characteristics that are attributes of the environment (external in origin) that would help achieve the strategic plan. · Entering new segments and markets (Goen 2019). · Expansion of services to reach a broad patient range · Diversification · Weak competitors (van Wijngaarden et al., 2012). |
Threats In this section include information regarding: · Threats – characteristics that are attributes of the environment (external in origin) that would be harmful in achieving the strategic plan. · Increased changes in demography (Helms et al., 2008). · Vulnerability in business recession and cycle in business · Untimely government policies · Increasing in pressure from competitors (Goen 2019). |
References
Dixon, C. (2012). Parkview Vistas.
Goen, A. (2019). Long-Term Sustainability of Merger and Acquisitions as a Growth Driver: A Case Study of Hospital Corporation of America (Doctoral dissertation, University Honors College, Middle Tennessee State University).
Helms, M. M., Moore, R., & Ahmadi, M. (2008). Information technology (IT) and the healthcare industry: A SWOT analysis. International Journal of Healthcare Information Systems and Informatics (IJHISI), 3(1), 75-92.
Olyaeemanesh, A., Behzadifar, M., Mousavinejhad, N., Behzadifar, M., Heydarvand, S., Azari, S., & Bragazzi, N. L. (2018). Iran’s health system transformation plan: a SWOT analysis. Medical journal of the Islamic Republic of Iran, 32, 39.
van Wijngaarden, J. D., Scholten, G. R., & van Wijk, K. P. (2012). Strategic analysis for health care organizations: the suitability of the SWOT‐analysis. The International journal of health planning and management, 27(1), 34-49.
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