STRATEGIC PLANNING

With the ever-changing landscape of the health care industry, it is becoming more essential than ever to focus time and effort on developing a long term plan on how to be successful into the future. The Physician Strategy Groups believes that one of the most important elements of your practice is a well-defined and documented strategic plan with a clear mission and vision statement for the practice, defined strategic initiatives and agreed upon measures of success. The Physician Strategy Group has developed a process to assist your practice, no matter the size, in defining each of these variables to ensure a focus on the most important priorities as the practice moves into the future.

 

We begin our process by taking a deep dive into your market to understand the specific dynamics which are impacting your practice today and will continue to impact it into the future.  We then move into the core planning elements which include the following:

  • Clearly defined Mission and Vision statement for the practice
  • Completion of a SWOT (Strengths, Weakness, Opportunity and Threats) analysis to ensure that there is a clear understanding of what is impacting the practice and what are the areas to focus on for future success
  • Defining the Strategic Pillars which include Quality, Growth, Finance, Satisfaction and People
  • Developing the long range goals for the practice within each Strategic Pillar in order to begin to answer, “What does good look like?”
  • Articulating strategic initiatives in each of the Strategic Pillars to include the objective of the specific initiative, the key components for implementation, metrics and required resources for execution
  • Implementing the balanced scorecard to measure the plan success

Once this process is complete, the practice will have a clear sense of the goals, priorities and the measures of success as it continues to move into the future.  In this rapidly changing environment, being clear on where the practice is heading is essential to remaining on course.  As it was once said, “Those that don’t know where they are going will get there every time.”

 

For more information on Strategic Planning or other PSG service offerings, click here to send us a message or call us toll free at 855.207.5230.

TESTIMONIALS

Our large multi-specialty practice was in dire need of a new infrastructure and formalized strategic plan.  PSG has allowed us to work towards these new enormous goals and their entire team helped us formulate a pan while encouraging us to jump in with an ease that I did not feel would be possible.

 

They initiated the process in an unbiased manner that was cost-effective and minimally disruptive to all parties involved.

 

I would highly recommend their magnitude of services and look forward to working hand in hand with the entire team to continue the transformation of our organization.

Dr. Kristopher Avant

Southwest Orthopaedic Group