Lecia Scotford Shares Strategic Planning in Healthcare

 

The healthcare industry is constantly evolving and progressing at a rapid pace. Over the past few decades, it has become highly significant to plan for the future in order to be successful in the coming years. When planning for the unknown is done with proper care, any organization in the healthcare industry is equipped with whatever may come their way be it a big hospital, clinic individual practitioner, etc.

From the financial aspect to structural decisions with the organization, planning is essential to make it successful in the long run. Strategic planning in healthcare allows efficiency in every day to day tasks regardless of how small or big an organization is. Being highly experienced in strategic planning and performance optimization, Lecia Scotford shares her views on the role of strategic planning in the Healthcare Industry.

 

What is Strategic Planning in Healthcare?

 

Strategic planning in general means creating and setting objectives & goals for where a company would like to reach in the future, and thereby constructing a plan to achieve those goals and objectives.

 

Strategic planning in healthcare is essential and should be considered by every hospital or health system looking to succeed in both short and long runs. One key factor of strategic planning in healthcare is “Organization of the institution”, having sound knowledge of the foundation on which the organization is built upon is necessary. It helps in the free flow of ideas and implementing strategic planning in a better way. Lecia Scotford can guide you more about strategic planning in healthcare.

 

Benefits of Strategic Planning in Healthcare:

 

Strategic planning has numerous benefits when it comes to the healthcare industry as healthcare consists of several components. Hospitals, clinics, and other healthcare institutes, like many other businesses, operate at multiple levels. From patient care to financing to facility management, it becomes pivotal to plan the future in more than one way.

 

Strategic planning in healthcare can be used to determine the organization’s productivity. Often organizations claim to be working as efficiently as possible, but having a closer look at the real productivity can help to determine the areas with a chance of improvement and making more specific future plans. Get in touch with Lecia Scotford for more help.

 

Below are some areas of healthcare that can be improved by applying fine strategic planning:

 

• Culture of the Company
• Goals and Objectives
• Risk Management
• Budget Operating
• Capital Planning
• Cost Accounting
• Long-Range Planning

 

Why Strategic Planning is Important in Healthcare?

• Improved Communication Among all department:

Effective strategic planning in healthcare ensures clear and improved communication among people and departments. As both employees and stakeholders want your organization to have a long-lasting future, having a crystal clear strategy will enhance their trust in your organization.

• Developing and Sharing a Vision:

Strategic planning that is clearly developed, executed, and communicated can help to pass on the vision to other employees. Employees would be more committed as they all will have the same vision and stakeholders would feel confident and clear to make fine financial decisions.

• Increased Employee Motivation and Engagement:

When an organization has a vision or future plan, it tends to increase the motivation and engagement rate of employees. Each and every one of us wants to be heard and recognized. When every individual has a task and responsibility to make decisions, they tend to perform better than their average performance.

• Increased team cooperation and collaboration:

When the level of cooperation and collaboration is high it bounds to deliver high-quality results not just in health-care but in every industry. Making strong strategic planning can bring your employees to work together as a team and deliver outstanding results.

 

Bottom Line:

 

Lecia Scotford is a healthcare executive she’s known for accessing and implementing dynamic changes in the healthcare sector. She has been helping non-profit and profit improving the efficiency of hospitals by using her experience in strategic planning and operation management.