Tows matrix is already done.highlighted areas need improvement or additional info
write a 4–5 page analysis highlighting key findings from the TOWS matrix. Finally, create a 1–2 page draft strategic plan that describes four strategies for the organization to pursue, based on your findings from the first two assessments.
Consider your selected organization’s threats, opportunities, strengths, and weaknesses. In addition, keep the following key points in mind:
- Assumptions: What assumptions do people in the organization’s internal and external environment have? What alternative assumptions might be useful in these situations?
- Information: What information do your organization’s internal and external stakeholders have? What information are they missing?
- Evaluation Criteria: What criteria would you use to evaluate the quality of the information and the effectiveness of existing or suggested strategies?
Part 2: Draft Strategic Plan
Prepare a high-level, draft strategic plan for your selected organization.The focus of this assessment is on applying the insights you have gained from your TOWS matrix and the environmental analysis you completed in Assessment 1 to the strategic plan. The information from the four quadrants of your matrix will serve as foundational criteria for developing your draft plan.You must be able to look at your TOWS matrix results and then formulate four overarching strategies with at least one operational goal to support each strategy. Whether your strategies are to enhance the strengths you have identified or to improve weaknesses, your draft strategic plan must align with your organization’s mission, vision, and values.As you prepare your plan, it may be helpful to review common strategies and goals many health care organizations develop and monitor. Use the following document, linked in the Resources, to guide your analysis of the TOWS results for your selected health care organization:
- Common Strategies and Goals Health Care Organizations Develop and Monitor.
Include, with each of your strategies, the core assumptions regarding environmental opportunities and threats, organizational strengths and weaknesses, and organizational behavioral dynamics that are foundational to the strategy. For example, consider:
- Service/product life cycle.
- Product development.
- Organizational culture.
- Available funding to execute strategies.
Strategic Plan Requirements
The requirements, outlined below, correspond to the grading criteria in the TOWS Matrix Analysis and Strategic Plan Scoring Guide, so be sure to address each point. Read the performance-level descriptions for each criterion to see how your work will be assessed.
- Incorporate methodologies from the knowledge-economy management approach in a strategic plan appropriate for your organization.
- Integrate recent strategy management research findings into your strategic plan.
- Synthesize operational and financial components into your strategic planning process.
- Include your determination of the organizational structure (functional, divisional, or matrix) that best facilitates your strategies.
- Create a clear, concise, well-organized, and professional TOWS matrix analysis and strategic plan draft.
- Apply proper APA7th formatting and style guidelines to citations and references.
Prepare your TOWS matrix analysis and draft strategic plan using a familiar and appropriate document format used by health care organizations, such as a memo, business report, or white paper.
Page Length Requirements
- Your TOWS matrix should be 1–2 pages in length.
- Your TOWS matrix analysis should be 4–5 pages in length (roughly one page per quadrant).
- Your draft strategic plan should be 1–2 pages in length.