Leveraging Resources And Overcoming Barriers
Review the Learning Resources that focus on the process of identifying resources for a strategic plan and addressing barriers to implementing a strategic plan change. Conduct additional research as necessary to deepen your thinking about resource identification for strategic planning.
Reflect on the results of the SWOT analysis you conducted for your Strategic Plan (submitted in your Module 2 Assignment) and consider what resources may be needed to address the weaknesses and threats and build upon opportunities and strengths you identified. Evaluate the specific financial, personnel, and time resources that you would need to carry out your proposed change.
Think about how you would leverage the resources you currently have and those you plan to acquire or develop to create the best possible results. For instance, consider the following:
ü What trade-offs would you need to make to ensure that you have sufficient financial resources? How would you raise capital?
ü Who would you need to hire or promote, what training should be provided, and/or what workload adjustments would you need to make to have the right personnel in place?
Leveraging Resources and Overcoming Barriers
Effectively engaging stakeholders is a critical aspect of strategic planning. Yet, the process of identifying stakeholders and cultivating relationships that lead to the successful adoption and implementation of a strategic plan can be complex and, at times, challenging.
This week, you examine stakeholder involvement in strategic planning, including how to determine who should be involved, when and how to facilitate their involvement, and how to foster interactions that promote optimal results.
Learning Objective
Students will:
· Analyze strategies for promoting stakeholder involvement and overcoming resistance to change
References:
Thomas, P. L., & Roussel, L. (2020). Procuring and sustaining resources: The budgeting process. In L. A. Roussel, P. L. Thomas, & J. L. Harris (Eds.), Management and leadership for nurse administrators (8th ed., pp. 155–188). Jones & Bartlett Learning.
Boomer , G. (2010, July). Managing change: Clarity reduces resistance. Accounting Today.
Gokenbach, V., & Thomas, P. L. (2020) Maximizing human capital. In L. A. Roussel, P. L. Thomas, & J. L. Harris (Eds.), Management and leadership for nurse administrators (8th ed., pp. 189–226). Jones & Bartlett Learning.
Harrison, J. S., & Thompson, S. M. (2015). Analysis of the organization and its stakeholders. In Strategic management of healthcare organizations: A stakeholder management approach (pp. 39–56). Business Expert Press.
Jeffs, L., Merkley, J., Sinno, M., Thomson, N., Peladeau, N., & Richardson, S. (2019). Engaging stakeholders to co-design an academic practice strategic plan in an integrated health system: The key roles of the nurse executive and planning team. Nursing Administration Quarterly, (2), 186-192.
Lachman, P., Runnacles, J., & Dudley, J. (2015). Equipped: Overcoming barriers to change to improve quality of care (theories of change). Archives of Disease in Childhood -- Education & Practice Edition, 100(1), 13–18.
Lowe, G., Plummer, V., & Boyd, L. (2018). Nurse practitioner integration: Qualitative experiences of the change management process. Journal of Nursing Management, 26(8), 992–1001.
To prepare:
Review the Learning Resources that focus on the process of identifying resources for a strategic plan and addressing barriers to implementing a strategic plan change. Conduct additional research as necessary to deepen your thinking about resource identification for strategic planning.
Reflect on the results of the SWOT analysis you conducted for your Strategic Plan (submitted in your Module 2 Assignment) and consider what resources may be needed to address the weaknesses and threats and build upon opportunities and strengths you identified. Evaluate the specific financial, personnel, and time resources that you would need to carry out your proposed change.
Think about how you would leverage the resources you currently have and those you plan to acquire or develop to create the best possible results. For instance, consider the following:
· What trade-offs would you need to make to ensure that you have sufficient financial resources? How would you raise capital?
· Who would you need to hire or promote, what training should be provided, and/or what workload adjustments would you need to make to have the right personnel in place?
What is a reasonable timeline for adoption and implementation given the parameters of this change and other organizational or group priorities?
Consider insights related to change theory, common barriers to change, and strategies for addressing these barriers that relate to the implementation of your proposed change.
Identify specific barriers you are likely to encounter with your proposed change, including resistance to change. Evaluate strategies that may be used to minimize or address these barriers.
Think about the value of stakeholder involvement in planned change, as well as the specifics of stakeholder participation in your Strategic Plan to champion the change. Who should be involved in strategic planning and at what point? How could they serve as change champions?