Strategic Choice and EvaluationJane DoeSTR/581May 7, 2012Aaron ManleyStrategic Choice and EvaluationIntroduction
Trinity Rising Adult Care LLC is a family owned adult and transitional housing facility committed to the care and well being of our residents. By using innovative techniques in a home environment our business exists to help people get a sense of control over their daily lives. In the process we make residents feel secure and independent, while making sure that our staff is trained to assist with any concerns or needs as they arise.
The goal of Trinity Rising Adult Care LLC is to be the best adult care facility in the area. In order to do that Trinity must stay focused on the founding principles of the organization and its mission statement. The idea of Trinity Rising Adult Care LLC is simple; to provide adults with the care and support they and their families need in a friendly at home environment. With the changes in both state and federal regulations regarding healthcare is has become more difficult for families to find and afford quality care. Facilities that offer similar services have had to adjust how their businesses are run do to the change in the economy and governmental regulations. Trinity Rising Adult Care will have to utilize different strategies in order to find success in a changing market.
Value Discipline
Trinity Rising will attempt to set a new standard in terms of the quality and services provided for adults. By meeting the needs of the families and their loved ones Trinity will be able to succeed. Because value means different things to different people, Trinity will focus on one main area in order to excel with that and remain true to its organizational foundations. The value discipline of Trinity is its customer service CITATION Ric10 \l 1033 (Johnson, 2010). With the customer in mind, Trinity was created to address the specific needs and wants of our residents and their families. Providing a customer focused environment helps to solidify an ongoing relationship and not just a temporary one. Having a true understanding of the wants and need of the residents of Trinity Rising puts the organization in a unique place, we are then able to offer the best services geared to the individual at the best prices.
Generic Strategy
Trinity Rising wants to have a competitive advantage over other facilities in the healthcare industry. By offering leadership at a low cost, providing unique services from the other facilities, and making a specific market population our main focus will be our core strategy. Using these generic strategies allow Trinity to stay ahead in the industry.
Grand Strategy
Trinity Rising will able to become and remain successful by staying true to its core foundation, and that is the keep the customer the focus of all that is done. Putting emphasis on aggressively keep the company brand in the forefront of the community will increase brand awareness and in turn increase patient enrollment. By aggressively advertising to medical facilities and healthcare agencies will help increase customer knowledge about the organization throughout the community. As the number of residents increase revenues will also increase. Being aware of where to best use resources will allow for organizational growth at a reasonable rate.
Recommendations
A business of this nature can be a benefit not only to the clients but to the community as well. As people are living longer the need for quality care continues to rise. Trinity Rising Adult Day Care can be that bridge to independence as the individual needs of the person changes. Both family and client will feel safe knowing that their family member is taken care of in a facility designed with his or her needs in mind.
In an effort to be successful Trinity Rising must offer lower priced quality service. By starting small Trinity will be able to have a smaller amount of employees compared to a traditional healthcare environment.
Related Documents: Strategic Choice and Evaluation Essay
Nottingham Business School BABM Joint Honours Level 3 2012/13 Contemporary Issues in Strategic Market Management (BUSI31138) Assignment brief: group marketing audit Introduction For this assignment you are required to adopt the role of a team of marketing consultants hired to review your client organisation’s marketing situation and critique the current marketing strategy for one of its major product or service categories. Each team of marketing consultants should comprise a minimum…
BHS0027 –Assignment Guidance Task Drawing on a range of analytical models, conduct a comprehensive strategic analysis of CRH and recommend a strategy for the organisation. In your analysis it is also important to highlight limitations of using analytical models in strategic analysis. Please note that you may use any models that you find relevant to conduct the strategic analysis of CHR. However ideally you should avoid using more that 3 models as this would affect clarity and focus of your…
Business Policy 1: Strategic Management BU 481: Session 1 Prof. Karin Schnarr Session 1: Course Administration and Overview • Course Admin – Course Roadmap – Materials – Evaluation – How to reach me • Course Overview – Strategy triangle – Diamond-E framework – Strategic Analysis process COURSE ADMINISTRATION General Intro to BU 481 • In-depth cases that involve complexity, uncertainty, & ambiguity – BU 481 ‘glues together’ insights from all functional areas, looking at the company holistically…
process of the strategic management in the global competitive environment. The globalization of the business in our environment has been a source for global organizations to incorporate the process of a global strategic management. In this report, we are going to propose three different frameworks from three different group of authors: Yip, Johnson and Scholes, and Cavusgil and Zou. However, theses proposed framework would be analysed and compared and we would give a critical evaluation of theses…
evaluating the performance of a company focuses on three interrelated aspects of a firm’s performance: 1. its strategic direction 2. its financial statement performance 3 its stock market performance An analysis of a company’s performance requires a thorough evaluation of these three aspects of a company’s performance. Essentially, the past and present outcomes of the company’s strategic decisions (for example, concerning its market positioning, product range, diversification strategies, etc.) should…
CLICK TO DOWNLOAD HRM 498 (Strategic Human Resource Management and Emerging Issues HRM 498 Week 1 Individual Assignment; Management Challenges & Concerns At your company, you work on all HRM responsibilities, and have been asked to join a committee to present a report on management challenges. This report must include challenges, possible causes, and a plan for addressing them. Select one to two articles on HRM challenges. Write a 350- to 500-word report about these challenges. Format…
12e (Eiteman, et al) Chapter 1 Globalization and the Multinational Enterprise 1.1 Globalization and Creating Value in the Multinational Enterprise Multiple Choice 1) Which of the following are critical to a firm trying to reach the top of the "firm value pyramid"? A) An open market place. B) High quality strategic management. C) Access to capital. D) all of the above Answer: A Diff: 2 Topic: 1.1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual…
Discuss your evaluation of each of the 3-4 options, explaining to what degree they meet the selected criteria. In other words, provide some analytical justification for the rankings you award. You can choose whatever evaluation model you like. In class we featured several alternative models. If you feel really creative – design your own! PART SIX – DESCRIPTION…
UNIT OF COMPETENCY SOFTWARE REVIEW SYSTEM (REVIEW DEVELOPED SOFTWARE) ICAB5071B Family Name: |AHMAD | Given Name: |HAFIZ MUHAMMAD AZEEM | Student ID: Course: |S40028646…
MANAGING THE EMERGING ENTERPRISE BPS 6380.501 FALL 2005 Class Meeting Monday 1900-2145, SOM 2.801 Office Hours: Mon/Wed 3:00 – 4:30 PM Or by appointment Dr. Joseph C. Picken SOM 4.212 Email: jpicken@utdallas.edu Phone (UTD office): (972) 883-4986 Phone (McKinney office): (972) 562-5401 COURSE OBJECTIVES: Management guru Peter Drucker once observed that: “Unless a new venture develops into a business…