Week 2 Discussion
1. Have you ever been involved in the creation of a business plan? Describe your
experience with or knowledge of your organization’s business plan.?
In my career, I have not been involved in creating a business plan. According to Baker and Baker
(2014) a business plan is typically developed as a means to obtain funding for the organization.
Currently, this is outside the scope of my role. Business plans and strategic plans are developed
at the executive level at my organization. Hartford Hospital is one entity within a larger
healthcare network. The network has a specific plan and strategy to grow the system, and each
affiliate also has their own business plan.
2. Have you ever been involved in a strategic planning session? If so, please describe
how the group and the session were structured (but without revealing proprietary
information)?
Strategic planning involves six major components: the mission statement, the vison statement,
organizational values, goals, objectives, and action and/or performance plans (Baker & Baker,
2014). I have never been involved in a strategic planning session. Most recently, our hospital and
the other affiliates within our network have been training and implementing a universal
electronic medical record, EPIC. The strategic plan is to unify our access to patient records to
provide a seamless transition throughout the network and improve patient safety.
3. Have you ever attended the formal presentation of a strategic or business plan? If
so, was it successful in obtaining the desired funding?
O a monthly basis the leaders of Hartford Hospital meet to discuss the current state of the