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HSM 368 Planning Storyboard
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I was given a budget. Now I have to think about what to do with the money and exactly how to carry out this idea.
Lower-level manager: "How will we do this over a shorter time period?"
Higher-Level manager: "What will we do over a longer time period?"
Levels of Planning
We have to plan how to succeed, decide where we want to be in the future. We have to emphasize on beating our competitors and satisfying our customers.
We have to analyze our stakeholders during the planning process; make sure our employees, patients, and physicians are all satisfied and everything is up to par with policies and laws.
Drive down costs as low as possible is number one priority in order to gain competitive advantage to succeed in the market
Porter's Strategy: Low-cost strategy
I think if our company makes its products and services different from our competitors that will also appeal to the customers, we will make it big in the market!
Porter's Strategy: Differentiation Strategy
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