Strategic Planning: A Practical Primer for the Healthcare Provider: Part II.

Entrepreneurs are known for recognizing opportunity-that is "How can I start a business to make money from this opportunity?" However, once a commer- cial entity is formed to take advantage of an opportunity, the leadership prior- ity shifts from entrepreneurial to strategic. A strategic perspective leverages limited resources to position a business for future success relative to rivals in a competitive environment. Often, the talents needed to be a good entrepreneur are counter to those needed to be a good strategist.

Strategic Planning: A Practical Primer for the Healthcare Provider: Part I.

Entrepreneurs are known for opportunity recognition--that is, "How can I start a business to make money from this opportunity?" However, once a commercial entity is formed to take advantage of an opportunity, the leadership priority shifts from entrepreneurial to strategic. A strategic perspective leverages limited resources to position a business for future success relative to rivals in a competitive environment. Often, the talents needed for one priority are not the same as those needed for the other.

The educational needs of healthcare managers and executives in the key strategic areas of healthcare.

Management approaches used by many healthcare organizations lag behind those of similar competitive industries. The authors of this article report findings from an exploratory study of executives' perceptions of training needs in managerial strategy. The authors asked executives to rate the level of knowledge required for each of five key areas in strategic management and then to assess actual levels of knowledge in the field.