Annual Report Critique
Part 1 – Strategic Planning Analysis | Part 2 – Stakeholder Analysis
Instructions | Part 1
- Select a local, state, national, or international healthcare organization. Ensure that the selected healthcare organization has enough information to address all aspects of this assignment. In order to adequately analyze the internal or external factors impacting the organization, choose an organization that is:
- Well established so that there is ample information in its annual report or website about their stakeholders, organizational structure, goals, financial status, and news or press releases (see example organizations below).
- Has at least 5 staff (volunteers or paid), whether it is a small or large organization.
- Retrieve its annual report and any other supplementary documents with the necessary information to conduct this critique.
- Please note that each organization’s annual report may be structured differently. Therefore, you may need to review their website or other materials to gather more information for all parts of this assignment.
- Also, be sure to review each part of this assignment and the corresponding evaluation criteria.
- Assume the role of a CEO who is tasked with reviewing the organization’s current state and defining strategic goals to take your organization in a specified direction. To accomplish this, you will need to complete the following:
- Evaluate the organization’s vision, mission, values, strategic goals/objectives, and overall organizational structure.
- Conduct a Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis using the SWOT Analysis Template.
- Then submit your analysis for review.
Instructions | Part 2
- Use the Stakeholder Analysis Template to:
- Name the stakeholders to identify the interest of five different stakeholders to get buy-in.
Review the organizational chart, list of partnerships, different service lines and functional units.
Example of stakeholders include funding agencies, academic affiliates, advocacy groups, professional organizations such as American Medical Association contracted insurance companies
- Address stakeholder concerns.
- Anticipate and identify what each stakeholder group could be concerned about, what could be their priorities?
- How does the organization’s strategic plan address stakeholder concerns? How could it be improved to incorporate stakeholder interests?
- Align concerns with the strategic goals of the board of directors.
- Select and match the goals with identified concerns by stakeholder groups
- Suggest any additional goals for consideration.
- Determine the level of individual stakeholder’s efforts, commitment, and influence over others.
Let’s break down your assignment into manageable steps:
Step 1: Choose the Right Organization
You want to select a healthcare organization that is established and well-documented. This can be local, national, or international. The organization should have a substantial online presence, including an annual report and other materials such as a website or news releases. It should also have at least five staff members.
Step 2: Research
Once you have your organization selected, you’ll need to dig deep into its materials. Retrieve the organization’s annual report and look for supplementary documents that might hold valuable information for your critique. Remember that not all annual reports are structured the same, so you may need to do additional research to gather the information you need.
Part 1: Strategic Planning Analysis
Step 3: Organizational Evaluation
In this part, you’re stepping into the shoes of a CEO. Review and evaluate the organization’s vision, mission, values, strategic goals/objectives, and overall organizational structure.
Step 4: SWOT Analysis
With a clear understanding of the organization, conduct a SWOT Analysis. Identify the organization’s Strengths, Weaknesses, Opportunities, and Threats, and document them in the SWOT Analysis Template.
Step 5: Submission
After completing the SWOT analysis, submit your work for review.
Part 2: Stakeholder Analysis
Step 6: Stakeholder Identification
Identify at least five different stakeholders in the organization. Consider funding agencies, academic affiliates, advocacy groups, professional organizations, or contracted insurance companies.
Step 7: Stakeholder Concerns
Predict the priorities and concerns for each stakeholder group. How does the organization’s strategic plan address these concerns? Suggest improvements to better incorporate stakeholder interests.
Step 8: Alignment of Concerns and Goals
Align stakeholder concerns with the strategic goals of the organization’s board of directors. Match the goals with identified concerns by stakeholder groups and suggest any additional goals for consideration.
Step 9: Stakeholder Influence
Determine the level of individual stakeholder’s efforts, commitment, and influence over others.
Remember, while completing this assignment, to write in a clear, concise manner. Use diverse vocabulary and sentence structures, avoid repetition, and ensure your text flows coherently. Stay focused on the task at hand and ensure proper grammar and punctuation. Happy writing!