Strategic Plan Issue Essay Discussion Paper

Identify a strategic plan issue that has significant impact on your organization and/or community. 

The strategic plan issue is gaining magnet qualifications and becoming a magnet hospital, a designation indicating that a hospital has shown commitment to providing outstanding health care services. This would indicate that the hospital provides nurses with the opportunity for advanced and continued education in order to improve and develop their skills while gaining more knowledge on patient care. This is intended to lead to improved patient outcomes and better work environments for nurses. A hospital that meets the strict magnet requirements would be demonstrating its dedication to providing excellent care (Hall & Roussel, 2022) Strategic Plan Issue Essay Discussion Paper.

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Historical analysis of issue

Magnet qualification is a quest for excellence in nursing care that began in 1983, a gold standard that utilizes magnet structures, processes and outcomes. It is advanced by the American Nurses Credentialing Center (ANCC) Magnet Recognition Program that developed the qualifications based on insightful and valuable research related to outcomes associated with magnet structures. Magnet qualifications identify the main factors requires for retaining the best nurses. The process of magnet qualification is highlighted by the functions and processes identified by magnet hospital nurses as most essential to achieving quality patient care. Many of the vast array of structural features attributed to magnet qualifications introduced in 1983 have changed with a shift towards identifying magnetism from the nurses’ perspective, updating and clarifying structural criteria, and challenging hospital leadership to initiate multisite evidence-based practice initiatives that link process enabling outcomes with magnet structures (Murray, 2022) Strategic Plan Issue Essay Discussion Paper.

Explanation of how evidence from the literature supports the need to address this issue.

Magnet status is important for nurses and hospitals. It is important for nurses as it allows them to experience lower risk of burnout and better job satisfaction. In addition, it presents nurses with safer work environments that allow them to provide better patient care. Besides that, it provides nurses with access to professional development opportunities, such as continued education. Magnet qualification is beneficial for the hospital through attracting and retaining the best nurses, which results in improved patient satisfaction and care as well as lower mortality rates. The hospital will have a safer environment and lower turnover among nurses, and roadmap to nursing excellence. Furthermore, the hospital would report strong competitive advantage and improved financial success Strategic Plan Issue Essay Discussion Paper.

Past attempts by various individuals and groups to address this issue 

Attempts at getting magnet hospital qualifications have mainly focused on meeting the magnet hospital requirements as presented by the ANCC. This includes providing access to resources that help nurses provide improved care, leveraging the organizational structure to focus on integrated health care approach and patient-directed care, and providing superior quality of care. Still, the organization has to improve on personnel policies and programs (allowing nurses to have a say in creating policies and programs that improve working conditions), and quality leadership (improving workplace conditions and addressing stressors) (Shalowitz, 2019) Strategic Plan Issue Essay Discussion Paper.

Stakeholders who should be included in the strategic planning process 

Stakeholders included in the strategic planning process are the hospital administration and nurses. The administration presents the resources and favorable conditions for the change, while nurses implement the change (Cherry & Jacob, 2019).

Financial implications of the project for the organization 

Magnet qualification improves the financial performance of a hospital with cost advantages to include high net inpatient income, lower length of stay and lower nurse turnover. It translates to higher quality staff and lower operational costs with improved hospital reputation that reduces marketing expenditure and offers strong competitive advantages. Magnet qualification is an assurance that a hospital offers quality care thereby making the facility a strong business partner (Cherry & Jacob, 2019) Strategic Plan Issue Essay Discussion Paper.

References

Cherry, B., & Jacob, S. R. (2019). Contemporary Nursing: Issues, Trends, & Management (8th ed.). Elsevier, Inc.

Hall, H. R., & Roussel, L. A. (2022). Evidence-Based Practice: An Integrative Approach to Research, Administration, and Practice (3rd ed.). Jones & Bartlett Learning, LLC.

Murray, E. (2022). Nursing Leadership and Management for Patient Safety and Quality Care (2nd ed.). F.A. Davis Company.

Shalowitz, J. I. (2019). The U.S. Healthcare System: Origins, Organization and Opportunities. Jossey-Bass Strategic Plan Issue Essay Discussion Paper.

Module 1 Assignment: Identifying a Strategic Plan Issue To Prepare: Consider any feedback you received from your Instructor and colleagues during this week’s Discussion. If appropriate, refine your focus to clarify the strategic plan issue. Conduct additional research as necessary to support your proposed plan. Use the Strategic Plan Issue Template, provided in this week’s Learning Resources, to draft your Assignment. Photo Credit: Getty Images By Day 7 Submit your proposed strategic plan issue for Instructor approval using the Strategic Plan Issue Template provided in this week’s Learning Resources. Note: Your Instructor will need to approve your topic/need before you proceed with your Strategic Plan.

This document is to be used for NURS 6241: Strategic Planning Issue in Healthcare Organizations to complete the Module 1 Assessment, in which you identify a strategic planning issue for your Strategic Plan. This document serves to organize your thoughts about planning for your strategic plan issue.

Identify a strategic plan issue that has significant impact on your organization and/or community.

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In a total of 1–2 pages, briefly address each component below related to your proposed issue: Strategic Plan Issue Essay Discussion Paper

  • Historical analysis of issue
  • Explanation of how evidence from the literature supports the need to address this issue (Note: Include appropriate resources.)
  • Past attempts by various individuals and groups to address this issue
  • Stakeholders who should be included in the strategic planning process
  • Financial implications of the project for the organization Strategic Plan Issue Essay Discussion Paper