SWOT Analysis Management Theory and Practice

Question: Discuss about the SWOT Analysis for Management Theory and Practice. Answer: Introduction: The approaches of Marilyn Moor, the chief information officer(CIO) and Paul Robinson, director of pharmacy are based on the needs of their own department. Marilyn has to take solution considering the organizational needs that is more suitable for the entire organization on the functional and cost perspective aspect whereas Robinson has to meet the needs of his own department (pharmacy) as well as staff nurses that are needed for the performance of entire organization. When the solution of Marilyn is considered, it provides an elaborate automation that could be carried out organization-wise. This solution is cost justified and completely verified. It gives answer to all the concerns of organizational domain integration based on SWOT analysis which is most needed for an organization before implementing any new project (Pestle, 2014). It gives required time for stabilizing the earlier implantation strategies to become completely functional and so it becomes the cost justified method that is capable of increasing revenues of the organization which might be needed for the future implementation. This solution has analyzed the impact and futurity of decision (Gupta, 2006). It also emphasize on a long term planning approach which is necessary for welfare of the patient. The demerits of this solution are the increased period of time needed for planning, purchasing and implementing the solution. It is difficult to get organizational acceptance to implement it. As far as Robinsons approach is concerned, it is appreciated and accepted by the pharmacist and staff nurses and gains their support completely. It also provides the solution at the earliest that might have apparent positive effect on the total patient care which is the primary concern of LMH. But it requires half of budget of the organization that is allocated for the most needed hospital functional operations and patient care, which may endanger the growth of the hospital operations. The implementation of the smart-IV pumps will meet only the requirements of pharmacist and staff nurses but not other staffs. It has not considered the direct and indirect expenses (Tomey, 2004). The automation process involved in the integration of the new system into the EMR may be complicated and more time consuming. It may create a culture in organizations vision making departmental needs as most important. By analyzing the merits and demerits of both approaches, the approach by Marilyn seems to be appropriate as it gives the long-term and more stable solution. It is in accordance with the goals and vision of organization too. It is wholly cost justified and assures a permanent approach that is necessary for patients care. On the other hand, the pharmacist and staff nurses were able to perform nicely with older methods. Based on the given scenario, at first the mediator (leader) should read and understand the organizational goals (Prasad, 2009). The mediator should consider the strategic planof an organization before implementing any departmental or organizational innovations.Both the approaches should be evaluated todetermine their value to the hospital organization and patients.The approach that could be easy for purchasing, installing and integrating should be selected. It is better to have many rounds of discussion with both the groups before implementing. During discussion, a mediator should be thorough about the merits and demerits of both approaches. The main function of a mediator is to perform the cost analysis for both the approaches. Basically a mediator should be impartial and neutral to both groups and should exert an assertive way of communication (Tomey, 2004). The solution should be presented in such a way that it is accepted by both the groups. The mediator should perform budget (financial) and statistical analysis that involves the calculation of the cost implications that is involved in projecting the expected outcomes of both approaches. A leader (mediator) should make conscious and purposive creation by coordinating with other departments (Prasad, 2009, Potter, 2004). The mediator should assess the available resources including time, man power, etc for implementing (Tomey, 2004). He/ She should view the organizational risks and benefits of implementing these solutions and its impact on the organizational development. It is the mediators responsibility to promote the discussions on both the approaches to long term approach rather than short term approach. He/ she should help these groups to perform SWOT analysis before projecting their approaches (Pestle, 2014). All the approaches will have both merits and demerits yet the approach with limited demerits that is not affecting the complete function of the hospital organization should be preferred. The aim of mediator should be giving total patient care with all means but the budget of the hospital should be considered and should provide quality care within this limit. These methods should be practiced before implementing LMH. The mediator should also make the discussion groups to focus on the difficulties experienced while using EMR system and discuss the time needed for stabilizing LMH. At the end the main role of mediator is to make both the groups to understand the merits and demerits of their solution. Reference Gupta, C. B. (2006). Management theory and practice. Sultan Chand Sons: New Delhi Pestle analysis. (2014). The SWOT Analysis: Defining your Organization Needs. Retrieved from https://pestleanalysis.com/swot-analysis-definition/ Potter Perry. (2004). Potter and Perrys Fundamentals of Nursing. St. Louis, Missouri: Elsevier Prasad, L.M. (2009). Principles and Practice of Management. Sultan Chand Sons: New Delhi Tomey, A. M. (2004). Guide to nursing management and leadership. Mosby: Elsevier. Wager, K Lee, F. (2013). Health care information systems: A practical approach for health care management. San Francisco: Jossey-Bass.