Management Strategy Formulation for the Rosemont Behavioral Health Center Free Essay Example, 750 words

Strategy formulation is the effort to assimilate organizational objectives, vision, and mission in order to achieve and sustain organizational competency in the long run. Considering the current situation, the Rosemont has to initiate immediate strategies to enhance its internal as well as external resources. However, the initial directional strategy must aim to define the organization s vision statement and mission statement explicitly. There should be a code of conduct for the members to comply with as they collectively pursue the organizational goals. The other areas of its strategic concern must include organizational restructuring, reward system, HRM, recruitment and retention, marketing, infrastructure, customer service, etc. Recommendation 1. In order to reduce the cost of operation, the Rosemont has to change its structure and business culture. For instance, if it cuts down the number of its staff, a considerable amount can be saved in the short term. 2. At the same time, it has to utilize the potential of its referral agents by acquiring all customers referred to the center. It should also focus on the efficacy of the telephone personnel to ensure that a maximum number of inquiry is converted into admission effectively. We will write a custom essay sample on Management Strategy Formulation for the Rosemont Behavioral Health Center or any topic specifically for you Only $17.96 $11.86/pageorder now 3. In order to maintain its competitive advantages, Rosemont must renovate its infrastructure and gain the advantages of Medicare and Medicaid. However, as a short term strategy, it has to increase the number of outpatients to meet the challenge of physical incapacity. 4. In addition to all, there should be provisions to improve the confidence of the employees by addressing their resistance to organizational change. Implementation The major challenge with the strategic implementation might be the indifferent response from the board members. Obviously, Lloyd Lewis and his golf friends can not stomach any kind of outside intervention that would affect the current hierarchy. Therefore, Cates should be equipped with a well-designed action plan that would restructure the organization within the scheduled term. The Rosemont should hire the assistance of outside agencies like the TM and DDN Marketing Systems to avert the possible flaws of strategic impleme ntation.