4 FORMULATION OF STRATEGY FOR THE SELECTED COMPANY (NALCO) 4.1 Formulations of the strategic options According to Wheelen and Hunger (2012, pp. 182), the TOWS matrix illustrates how the external opportunities and threats facing a particular corporation can be matched with that company’s internal strengths and weaknesses to result in four sets of possible strategic alternatives. Weihrich (1982) developed TOWS as the next step of SWOT in developing alternative strategies. The authors Ravanavar and Charanthimath (2012), further reinforced that, TOWS matrix provides the means to develop strategies based on logical combinations of factors relate to internal strengths (or weaknesses) with factors related to external opportunities (or threats). TOWS matrix identifies four conceptually distinct strategic groups: (1) Strength-Opportunity (SO), (2) Strength-Threats (ST), (3) Weaknesses-Opportunities (WO), and (4) Weaknesses-Threats (WT), for creating the alternative strategies.
The third evaluates Target’s CSR efforts using Target’s stated objectives, considers correlation with key performance measures, and compares Target with select members of its peer group. The fourth question and its answer consider what Target can do to improve its CSR practices with the answer taking the form of recommendations for
Stakeholders can range from investors of finances to the community the organization is located. It is the intention of this paper to provide information about the organizational structure of the Sheppard Pratt Health System and the relationship with stakeholders. Keywords: organization, stakeholder, mental health, organizational chart, stakeholder relationship
The two competencies addressed in this paper are Inter-professional Collaboration and Patient Centered Care. Following are discussions surrounding these competencies, concepts, terms, and relationships to theory. By addressing the role of nursing in shaping these areas, attention was focused on historical components, professional value. attitudes, and documentation based in evidence. The current areas that are influential in healthcare, such as political, financial, on a national and international levels were inspected.
As a result, since this circumstance applies the sales reps at MedTech, I would recommend MedTech add a direct expense reimbursement process to their sales compensation package. To start, it would allow MedTech to align with industry norms and enable their sales reps to compete on a level playing field with sales reps from other pharmaceutical companies. Second, it would give MedTech the opportunity to proactively establish policies to ensure sales reps are reimbursed for sales activities MedTech deems integral to closing a sale. Finally, it would provide MedTech greater control over their sales reps activities towards sales activities that will enable them to utilize their direct reimbursement account in alignment with company policy and their sales manager’s
Overall, the articles exposed certain patterns linking the caregiving to relationship quality. Given the data, Quinn et al. (2009) used both ABC-X and Stress Process Models (SPM) to determine quality of the relationship and its impact on both individuals well-being influenced by caregiving. SPM outlines a four stage developmental process of caregiving adaption: contextual underlying causes of stress, caregiver stress, resources and mediators, and outcomes of caregiving (Quinn et al. 2009).
Psychological case formulation is a hypothesis about the predisposing, precipitating, perpetuating and protective factors (4Ps) that contribute to the understanding of an individual’s problems (Eells, 2007). Formulations are rooted in theory and research (Kuyken, Fothergill, Musa, & Chadwick, 2005), and aid in identifying which direction treatment should head towards, as well as potential barriers that might be encountered (Levenson & Strupp, 2007). These are dynamic can be revised in the event that new information emerges during treatment (Eells, 2007). On the other hand, the DSM is said to have two main purposes of improving communication and guiding the planning of treatment (Mullins-Sweatt & Widiger, 2009). This essay will assess the ability
Dr. Ogden’s Unit 3 “Behavior Change,” (2017) discussed some of the ways in which behavior can be changed using the four main theoretical perspectives. The four main theoretical perspectives are: learning theory (with added cognitions), social cognition theory and use of planning, using motivational interviewing to move people through the stages of change and using emotion in a positive way by using visual images. In this week’s readings, I learned about models of influencing behavior change, which include financial incentives and the use of mass media. The learning theory (with added cognition) which is one of the four main theories informing behavior change implies that any behavior is learned through three main mechanisms which are; modeling
Monitoring of this complex quality indicator is best accomplished through a process of establishing a guideline for your defined healthcare setting that has an evidence base to which the staff will be held accountable. Break the guideline into its constituent elements of assessment and interventions and begin working on the most challenging element. Empower staff to provide input and engage them in measurement. At the unit level, a visual monitoring board can be used to post metrics, keeping the staff focused on the outcome, and adherence to the fall prevention guidelines. Peer support, empowerment, and process accountability equate to success with clinical quality (Williams,
However, these needs can vary individual to individual regarding their personal characteristics, pathology, and health care settings. Thus, health professionals need to understand patient needs and react in accordance (Hills & Kitchen, 2007; Hills & Kitchen, 2007b). Johnson (1996) attempted to compare Maslow’s hierarchy of needs and the normative model (Theory of caregiver motivation or hierarchy of patient outcomes encompasses classification systems for healthcare outcomes proposed by Brook et al., (1977), Donabedian (1982) and Lohr (1988)) to understand what optimizes patient satisfaction and quality of health care. According to the normative model, patient outcomes from health service are classified into four outcome groups, disease eradication, patient performance, general health and patient satisfaction in ascending order of hierarchy. Johnson proposed as the most basic need physiological needs of Maslow’s Hierarchy of Human Needs is parallel to disease eradication outcome in health service; safety needs of Maslow’s hierarchy to patient performance outcome, esteem and love needs of Maslow’s hierarchy to general health outcome and self-actualization needs of Maslow’s hierarchy to patient satisfaction outcome, respectively.