This seminar provides an overview on the process of strategic thinking and planning.
Strategic planning is a process that brings to life the mission and vision of the medical practice. As the practice grows and the healthcare environment becomes more complex, the need for strategic planning becomes greater. A strategic plan, well-crafted and of value, considers the internal and external environment around the business.
Medical practices which consistently apply a disciplined approach to strategic planning are better prepared to evolve as the local market changes and as the healthcare industry undergoes reform. The benefit of the discipline that develops from the process of strategic planning, leads to improved communication. It facilitates effective decision-making, better selection of tactical options, and leads to a higher probability of achieving the physician owners' goals and objectives.
- Understand the importance of strategic planning.
- Learn the prerequisites of strategic thinking.
- Recognize the common strategic planning mistakes.
About the speaker: Nick Hernandez, MBA, FACHE
Nick Hernandez is the founder and CEO of ABISA. ABISA is an independent healthcare consultancy specializing in healthcare strategy, physician engagement, and strategic growth initiatives. ABISA can help devise and implement the strategies and processes that will allow organizations to remain competitive and solvent. The company’s client list includes physician groups, hospital systems, healthcare IT organizations, venture capitalists, private equity investment groups, and physician entrepreneurs.
Nick has extensive knowledge on matters surrounding physician engagement and has a long history of working with physician entrepreneurs. He has consulted with clients in multiple countries and has over 20 years of leadership and operations experience. He is Board Certified in Healthcare Management and has been named a Fellow of the American College of Healthcare Executives.