The Strategic Planning Process Revisited
Internal and external factors that the process of strategic planning in the sense that a health sector needs to perform an assessment of internal and external environments, as they present both opportunities and threats to a health care organization (Stephen, 2009).
The key elements of strategy formulation
Information availability forms one of the key elements of strategy formulation, information about the organizations operational environment is vital to formulate the designed strategy. Strategy formulation also relies on appraisal of the weaknesses and external threats to ensure the success of strategic plan, for instance, for a heath care organization to competitive advantage in the industry service differentiation through delivery of superior services is very vital.
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