Peer review of the questions below. Please give your opinion of how they answere
Peer review of the questions below. Please give your opinion of how they answered the question and expound on their post. Please respond to the following: Examine the nature of a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Suggest the manner in which a SWOT could help a health care organization implement a market entry strategy. Identify a minimum of one factor that affects a health care organization market entry strategy. You must include the internal and external environments (such as resources, market, competitors, geographical, global, and so on) in each factor. Provide specific examples to support your rationale from readings throughout your program or from peer-reviewed journal articles. Be sure to respond to at least one of your classmates’ posts. Classmate La'Kevious Lacey - One primary analytical tool that would be optimal for helping create various strategies for the clinic is a SWOT analysis. SWOT is an acronym that stands for "strengths, weaknesses, opportunities, and threats." It provides a clear, highly visual means by which all members of executive leadership and management can easily see the significant opportunities and threats that their organization faces and be better able to create a strategic management plan from that point on. The SWOT analysis tool also provides a means by which executive leadership and management members can sit down and closely examine all of the various threats and opportunities detached and list these issues for everyone to see. Indeed, many within the health care industry may be unfamiliar with the SWOT analysis technique or may even be suspicious of it since itinvokes visions of large, for-profit organizations. It may be the case that some of the management and executive leadership members within the clinic may be unfamiliar with this sort of analysis. However, as Topor, Dickey, Stonestreet, et al. (2018) make clear, there are many educational tools regarding the SWOT analysis technique currently available for health care professionals: interprofessional educational programming unique to each AMC. We created the workshop to meet this identified gap in the literature (Dickey et al., 2018). Health care professionals can learn the essential use of the SWOT analysis technique very quickly and be in an ideal position to make it a part of creating their strategic plan. Identify a minimum of one factor that affects a health care organization's market entry strategy. You must include the internal and external environments (such as resources, market, competitors, geographical, global, and so on) in each factor. Internal Factors include: The current organizational culture is problematic. Excess spending habits affect the bottom line. Accounting procedures are ineffective. Expenditures not fully accounted for Staffing is problematic with high payroll costs. Nurse-to-patient ratios are very low. Throughout the organization, the current culture faces a series of challenges that affect how it makes its decisions and utilizes resources. It is no net that excessive spending in different areas affects patient care and negatively impacts the bottom line. One of the critical issues is that accounting procedures are currently ineffective, and there is no specific practice to identify and manage all expenditures. Furthermore, current staffing levels are high, contributing to higher payroll costs. The goal of this practice is to reduce nurse-to-patient ratios. External factors: • The COVID-19 pandemic affects current operations. • Creates additional strain on the organization • The economic crisis in the United States • Health insurance may disappear for many patients. • Disruption of the global medical supply chain • The current challenges of the COVID-19 pandemic have a significant impact on operations and decisions. The pandemic has brought about new risk factors for the organization that cause additional strain and harm its operations. Many patients may lose their health insurance, increasing the burden on health care facilities to cover the costs of patient care. Also, the organization may face a critical disruption related to the global supply chain that could affect patient care and outcomes. In this manner, the organization is not prepared to take on what will undoubtedly be a national economic crisis in the foreseeable future. Provide specific examples to support your rationale from readings throughout your program or peer-reviewed journal articles. To improve outcomes for the organization, older adult patients must continue to be a priority. Fortunately, many of these patients have insurance coverage in the financial means to cover care costs. Upfront costs may be higher, but over time, liabilities will be lower with this population of patients because they can pay for care and treatment beyond insurance coverage. Making wise decisions with financial resources will improve economic outcomes as we advance and support actions to improve performance and ensure that care and treatment are cost-effective and efficient at all levels. To achieve success with its marketing strategy, the organization should target the demographic known as baby boomers. The organization's priorities include the provider in patient safety; therefore, its advertising strategy should depict providers wearing personal protective equipment. With this advertising, older adult viewers will identify that the organization takes the appropriate precautions. Also, demonstrate commitment to high-quality care in public view and illustrate that patient protections are critical to the organization as it moves forward in treating patients with COVID-19 and beyond.

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