Strategic plan of KFSH & RC
Having wise credible assumptions about the future on a strategy makes organizations succeed. KFSH & RC had a strategic plan, but the political processes greatly influenced the outcome. The primary intent of an external analysis is gauging an organization’s ranking in its industry (Ginter, 2018). The one of KFSH & RC had its share of strengths. First, it considered the demographic changes that the general environment could bring. It then looked at how the reputation of other organizations impacted the healthcare system. It also had the geographical area best known as the service area in mind, as evident with the site in Jeddah. Finally, the organization adapts to the technological change by having a modern cancer centre.
KFSH & RC had its weaknesses as well. It was unable to take all the steps in environmental analysis. For instance, it scanned but failed to monitor the reducing money supplies in the Kingdom’s budget. Consequently, it did not forecast the interrelationship that the government funding had with the Military Hospital. They would have developed other projections. Finally, assessment of the significance of the issue was also due. These frameworks need methods such as scenario writing and dialectic inquiry besides experts’ advice, which they sought. Another notable blow that KFSH &RC took was from the productive power that the government used to prioritize health settings. Undoubtedly, exercising of normative and epistemic power requires further investigations (Shiffman, 2014).
In the future, KFSH & RC should consider using Porter’s forces to accomplish a service area structure analysis. By using it, they would figure out the threats from new entrants in the market like the Military Hospital. The analysis also scrutinizes the powers of both their clients and suppliers (HBR, 2008). In the future, competitor analysis should occur too. It entails identifying and evaluating the strategy, strength, success factors, actions, weaknesses, and reactions of the competitor. To make recommendations, KFSH & RC would have to synthesize all that information and draw conclusions.