Question

in your own words ( no copy and paste)in 200 words Define summarize the purpose and importance of SWOT Analysis and how it can be applied in the health care organizations.

Answer 1

ANS)

The full form of the SWOT in SWOT Analysis is the Strength, Weakness, Opportunities, and Threats.This is the method used for evaluating these 4 features of the organization or firm.

The SWOT Analysis is possible to utilize for the better modelling of the firm.The SWOT Analysis is also possible to decrease the possibilities of non-success,through knowing what all things you are missing, and avoiding the problems.

And you will be possible to begin a master plan which differentiate you from the challengers and by that engage victoriously in the business.

The SWOT Analysis is widely used in the medical institutions and medical associations.

* The SWOT Analysis can be applied in the healthcare organizations through 4 major stages.

They are,

1) The major Stage in the SWOT Analysis is to gather and evaluate major documents and details.

2) In the next stage all the details in the documents should be well ordered into 4 SWOT classes.In case if there is any difficulty in in separating the details into Strength,Weakness, Opportunities and Threats,then keep in the mind that the strength and weakness are included in the internal component and the opportunities and threats are included in the external,unmanageable aspects.

3) In the next stage formation of SWOT matrices which include 4 boxes for every firm section is done.The purpose of doing this for customizing particular sections or groups.

4) In the last stage,from the understanding that received from classifying the details to SWOT groups and combining that in the boxes will tell about your vital plans and effect the considerable decisiveness.

The SWOT Analysis illustrations in the healthcare organizations are,

STRENGTH:

* Principal concentration in the quality development.

* contemporary medical devices and fully furnished provision.

WEAKNESS:

* Inadequate healthcare provision and telecommunications.

* Deficiency in capitalization and assets to assist the schemes.

OPPORTUNITIES:

* Initiate adviser programs

* Enhance capitalization for analysis and investigation.

THREATS:

* Enhanced opposition from the recently developed healthcare institutions.

* Financial and governmental uncertainty.

THANKS!!!