mechanism used by healthcare organizations to analyze new regulations, policies, and procedures and to reconsider their mission, vision, and values

mechanism used by healthcare organizations to analyze new regulations, policies, and procedures and to reconsider their mission, vision, and values. Strategic planning can also be the vehicle that healthcare organizations use to revamp themselves and offer new products and services. The healthcare manager plays an important role in analyzing and executing the organizational strategic planning. Understanding the key principles and competencies associated with strategic planning, and how these principles and competencies are applied in day-to-day hospital operations, is critical for healthcare managers.