• Industry News
  • Law & Malpractice
  • Coding & Documentation
  • Practice Management
  • Finance
  • Technology
  • Patient Engagement & Communications
  • Billing & Collections
  • Staffing & Salary

Easy Strategic Planning

Article

Can you give me an outline for a simple yet comprehensive strategic plan?

Question: Can you give me an outline for a simple yet comprehensive strategic plan?

Answer: One quick and easy model is to do a SWOT analysis:

Set up a four-column table - perhaps in Excel, but even paper is fine - and list your Strengths, Weaknesses, Opportunities, and Threats. Even this can be enough to get the conversation rolling.

From there, obviously, you seek specific tactics to take advantage of your biggest opportunities, shore up your weaknesses, and protect against threats - all without hurting your core strengths.

You’ll find plenty of examples and detailed explanations if you search for “SWOT” online.

Related Videos
The importance of vaccination
The fear of inflation and recession
Protecting your practice
Protecting your home, business while on vacation
Protecting your assets during the 100 deadly days
Payment issues on the horizon
The future of Medicare payments
MGMA comments on automation of prior authorizations
The burden of prior authorizations
Strategies for today's markets
© 2024 MJH Life Sciences

All rights reserved.