Students are to write a 1500-word strategic proposal for an executive team of the chosen organisation whereby you are attempting to convince that team of what you believe they should be doing over the...

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Students are to write a 1500-word strategic proposal for an executive team of the chosen organisation whereby you are attempting to convince that team of what you believe they should be doing over the next five years in an effort to be more successful., you can find more information in the assessment outline which is attached top the question. in the attachment section , thanks


Answered 5 days AfterFeb 10, 2021

Answer To: Students are to write a 1500-word strategic proposal for an executive team of the chosen...

Arunavo answered on Feb 14 2021
122 Votes
MBA622
COMPREHENSIVE HEALTHCARE STRATEGIES
Executive Summary
The Australian healthcare system is undergoing a huge challenge post Covid-19 and with the growing demand for the quality healthcare facility. The growing demand has also led the healthcare facilities to review their existing strategic business model and the gaps they are facing with the changing scenario of the healthcare sector. In the report the strategic issues of The Royal Melbourne Hospital are disc
ussed, where the impact of Covid-19, increasing infrastructural cost, rise in cyber risk, global impact of financial and economic unstability and the increasing demand for quality health care services has compelled the hospital to restructure their strategic plan. To address these strategic issues, a five-year plan is proposed, which have addressed the strategic issues and the business plan to address the challenges. The business plan has provided the sustainable growth strategy to The Royal Melbourne Hospital, which will help the hospital to understand their existing strengths and the available resources to provide better healthcare services to the community. Lastly the strategic objectives were discussed, which will help the hospital to create a vison and mission for the next five years to address the growing healthcare demands and a competent infrastructure to handle any kind of pandemic situation in the future.
Table of Contents
Introduction    3
Strategic Issues in The Royal Melbourne Hospital    3
Mission and Vision    4
Strategic Business Plan for Royal Melbourne Hospital For Next Five Years    5
Strategic Objectives    6
Conclusion    7
References    8
Introduction
Healthcare in Australia is primarily delivered by government by Medicare, and is having highly developed structure. This scheme is covered under many hospitals in Australia providing the cost of primary and allied healthcare services. Among the major hospitals in Australia, The Royal Melbourne Hospital is one of the leading healthcare service providers in Australia. The hospital provides many clinical supports, and also it provides postgraduation training in clinical school and nursing education. However, with increasing challenging situations in the recent years had led to strategic issues in the healthcare sector. In this report, a detailed discussion of the strategic issues of The Royal Melbourne Hospital is discussed along with the strategic business model used by the hospital in the next five years. Further in the report the strategic objectives of The Royal Melbourne Hospital are discussed for the sustainable healthcare operation by the hospital.
Strategic Issues in The Royal Melbourne Hospital
The Royal Melbourne Hospital is one of the oldest hospitals in Australia operating from March 15, 1848. The hospital is government funded providing a number of healthcare services such as medical specialities, surgical specialities, mental health services and many more (The Royal Melbourne Hospital, 2021). For the past few years, the healthcare industry had faced a number of challenging situations, and similarly, that has an impact over Royal Melbourne Hospital. Sekoni et al. (2017), have discussed that many new initiatives have taken place such as the passage of the Affordable Care Act has led to the influx of many newly insured patients, many government schemes for affordable and upgraded medical services and many more. This has increased a huge demand for the quality healthcare services and skilled healthcare professionals. The increase of a number of lifestyle health challenges and the pandemic situation Covid-19 has shown us the importance of a competent healthcare system. However, there are certain strategic challenges faced by The Royal Melbourne hospital, which had led to restructure their strategic plan for the next five years (The Royal Melbourne Hospital, 2021). The five major strategic challenges faced are as follows:
· Covid-19 Pandemic: The Coronavirus pandemic in 2019-2020 had a significant impact over the health, economical and societal aspects. In the short-term period, Covid-19 had challenged the model used by The Royal Melbourne Hospital, however, they soon overcome the situation. There is a long-term expectation of similar pandemic situation, which will defer the management of community health and thus rising to the future challenges.
· Increasing Cost in Infrastructure: The current city campus of the hospital was built in 1930, and it had many refurbishments and expansion over the years. Therefore, the hospital has to explore long-term options to cater the challenging healthcare needs of the community.
· Continued Risk of Cyber security: Digital transformation has revolutionized the health...
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