Learning Plan 4
Based on the previous discussion, it is argued that strategic planning starts from the analysis of factors influencing organizational performance. Presently, there are a number of tools to conduct such analysis, but SWOT is deemed the most effective approach to translate medical evidence into individualized medical strategies (Von Kodolitsch et al., 2015). Given this statement, the response presents SWOT analysis for the American Heart Association environment. The analysis is further incorporated into the EFE chart. It is argued that a combination of analytical tools provides insights into strategies that could reinforce the American Heart Associationís sustainable competitiveness.
The main idea behind SWOT analysis is that an organizationís performance is shaped by factors that belong to one of the following groups: Strengths, weaknesses, opportunities and threats (Foundation of the American College of Healthcare Executives, 2016). It is argu...