StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Strategic Audit Project: SWOT Analysis - Research Paper Example

Cite this document
Summary
In order to evaluate the internal business factors, it is vital to understand the strengths along with weaknesses and opportunities as well as threats of an organization. Thus, in this regard, the SWOT analysis of AuroraHealthcare /Aurora Vision Center has been presented in the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.4% of users find it useful
Strategic Audit Project: SWOT Analysis
Read Text Preview

Extract of sample "Strategic Audit Project: SWOT Analysis"

Strategic Audit Project: SWOT Analysis SWOT Analysis In order to evaluate the internal business factors, it is vital to understand the strengths along with weaknesses and opportunities as well as threats of an organization. Thus, in this regard, the SWOT analysis of AuroraHealthcare /Aurora Vision Center has been presented in the following for comprehending its varied internal business aspects. Strengths Leadership. One key strength of Aurora Healthcare is its leadership. Aurora has established numerous councils in order to deliver proper care and effective clinical operations to the patients.

These councils perform varied functions collaboratively with senior management team and share best practices towards service quality, patient loyalty, employee satisfaction and financial performance (Ginter & Root, 2010). Information technology (IT) system. Aurora Healthcare possesses strong IT infrastructure, which might support it to attain its predetermined business objectives. The IT infrastructure of Aurora Healthcare is directly related with its service delivery and other related operations.

This particular factor would certainly act as a key source of managing the business of the healthcare organization efficiently (Aurora Health Care, 2014).Constant training. Aurora Healthcare provides constant training to its employees. This not only enhances the knowledge and the proficiency of its employees, but also fosters an effectual learning environment within the organization (Aurora Health Care, 2014). WeaknessesSystem interface. Since Aurora Healthcare is a large organization, it becomes virtually difficult for it to establish essential relationship between various departments and team members (Ginter & Root, 2010).

Centralized decision-making. It would be vital to mention that the centralized form of decision-making largely reduces the ability of Aurora Healthcare to react rapidly with the changing requirements of the patients in this modern day context (Rodrigues, 2009). Varied business units. Aurora Healthcare possesses various business units that often perform dissimilar clinical practices, which at certain times generates low level of collaboration. Furthermore, utilization of best practices is also found to be uneven in different divisions of Aurora Healthcare, resulting in offering ineffective care to the patients (Rodrigues, 2009).

Opportunities Innovativeness. Aurora Healthcare has positioned itself as a systematic innovator, which provides the opportunity to develop new ideas and improve clinical practices (Rodrigues, 2009). Customer service. For Aurora Healthcare, opportunities also exist in the area of customer service. This might be owing to the reason that it can provide customized as well as personalized healthcare services to the patients, resulting in raising their satisfaction level at large (Rodrigues, 2009).

Employee knowledge improvement. Opportunities also exist for the employees of Aurora Healthcare to enhance their respective knowledge and operational performance through gaining proper training (Rodrigues, 2009). ThreatsChanges in business environment. Failure to adjust with any kind of change in healthcare business environment can result in loss of effectiveness of service delivery for Aurora Healthcare (Ginter & Root, 2010). Competition. There lay several competitors for Aurora Healthcare in the local as well as regional business markets wherein it operates.

These competitors also provide quality services to the patients. Thus, such prevalence of high business market competition might generate threat for Aurora Healthcare (Aurora Health Care, 2014). Loss of knowledge. Certain crucial factors like ineffectual training and disintegration of healthcare services can lead to loss of knowledge and therefore can harm the performance of Aurora Healthcare at large. ReferencesAurora Health Care. (2014). Training opportunities at Aurora Health Care.

Retrieved from http://www.aurorahealthcare.org/jobs/why-aurora/training.aspGinter, T., & Root, J. (2010). Aurora health care: a knowledge management strategy case study. Retrieved from http://www.irma-international.org/viewtitle/49923/ Rodrigues, J. (2009). Health information systems: concepts, methodologies, tools, and applications. United States: Idea Group Inc (IGI).

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic Audit Project: SWOT Analysis Research Paper”, n.d.)
Strategic Audit Project: SWOT Analysis Research Paper. Retrieved from https://studentshare.org/health-sciences-medicine/1649229-strategic-audit-project-swot-analysis
(Strategic Audit Project: SWOT Analysis Research Paper)
Strategic Audit Project: SWOT Analysis Research Paper. https://studentshare.org/health-sciences-medicine/1649229-strategic-audit-project-swot-analysis.
“Strategic Audit Project: SWOT Analysis Research Paper”, n.d. https://studentshare.org/health-sciences-medicine/1649229-strategic-audit-project-swot-analysis.
  • Cited: 0 times

CHECK THESE SAMPLES OF Strategic Audit Project: SWOT Analysis

Strategic audit of Asics Corporation

This will be done using business tools of swot analysis and PESTEL analysis.... A strategic audit refers to the scrutiny and reviewing of the strategic management processes that a company employs.... A strategic audit is an important tool for company managers and boards to pinpoint problems and hurdles preventing the achievement of their corporate strategic plans.... It will also draw conclusion and strategic recommendations based on the analysis done....
12 Pages (3000 words) Research Paper

Pest Analysis for Pepsi-Cola

Pest analysis for Pepsi Cola Compile marketing audits: 1.... d) Organisational hindrances e) Inadequate in – depth analysis may be a major hindrance to marketing strategies and plans f) There may be con... A technical audit is an objective and systematic examination which strives to assess whether the environmental data collection process comply with the project plan.... It also finds out whether the processes predefined by the project plan is effectively implemented and whether these are enough to meet the quality goals of the project....
12 Pages (3000 words) Essay

Company Analysis of Green Estate Company

Running Head: Company analysis Company analysis of Green Estate Company Executive Summary Green Estate is one of the prevalent projects that came under institution in the latter years of the twentieth century.... In addition, the SWOT and PESTEL analysis have widened the perspectives of the current working environment of Green Estates in a much broader spectrum.... Method The PESTEL and SWOT analyses are two of the prime evaluation tools that provide with strategic analysis of the organization and facilitates in understanding the big picture of the situation and atmosphere wherein the operations of the organization is running (Chapman, 2011, pp....
10 Pages (2500 words) Essay

Khatem Al Shaklah - Location Audit

swot analysis To find out the opportunities and areas of concern, a swot analysis has been done for the chosen place.... The goal of swot analysis is to find out the strengths, weaknesses, opportunities and threats associated with the chosen location and strategies to overcome the weaknesses and threats (Piercy and Giles, 1989).... This paper under the headline "Khatem Al Shaklah - Location Audit" is about business analysis and planning of a heritage village at a location of the same name....
8 Pages (2000 words) Case Study

Strategic Marketing - How Does the Audit Process Fit into Marketing Management

This paper "Strategic Marketing - How Does the audit Process Fit into Marketing Management?... hellip; The market audit is the base from which one will develop a tactic to get these returns.... A market audit builds the foundation for marketing decisions.... The golden rule in performing a market audit is that one must be objective and read the market as it actually is.... This means the audit must not be structured around one's product or business....
8 Pages (2000 words) Assignment

Marketing Audit of Lenovo

Conducting a marketing audit for any organization involves analysis of the external and internal environments of the organization.... analysis of the external environment can be done through various models and frameworks which have been proposed by previous researchers.... While scanning the internal environmental of the organisation, various theories and analysis have been implemented to analyse the resources and capabilities present within it....
16 Pages (4000 words) Essay

Importance to Analyse Business Environment

One of the most important factors for the environmental analysis is the study of the laws and political systems of the country it operates in.... Through roper strategic planning firms are in a better position to make these uncertainties work in their advantage.... By having an outlook on the kind of threats and opportunities that exist in an environment, firms are in a better position to be able to identify their key strengths… This also enables organization to identify the future prospects that the firm can indulge in order to gain market standing and share. ...
7 Pages (1750 words) Coursework

Marketing Audit: Motorola Company

nbsp;swot analysis will be conducted to determine the internal strengths and weaknesses possessed by the company and the threats as well as opportunities existing in the external environment.... "Marketing audit: Nokorola Company " paper conducts an audit for Motorola, the third-largest international mobile/cell phone manufacturer.... Companies develop a specific marketing strategy to gain a competitive position in the market and hence it becomes imperative for the management to evaluate the effectiveness of the prevailing marketing strategy with the help of a marketing audit....
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us