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Northwestern Memorial Hospital (NMH) Matrix Analysis

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Undoubtedly Northwestern Memorial Hospital (NMH) have preserve their number one spot in Chicago. Northwestern Memorial hospital have implemented an essential commitment to remain at the fore front of healthcare. In order for NHM to continue to be the leader the organization applied precaution such as strategic planning. Furthermore, the organization understands its product life cycle, its strengths, weakness, opportunity, and threats (SWOT). The Strategic Position and Action Evaluation (SPACE) matrix analysis give insight on formulating strategies within NMH. The SPACE matrix consist of four quadrants which are Competitive Advantage (CA), Industry Strength (IS), Financial Strength (FS), and Environment Stability (ES). However, the SPACE matrix

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