here are various methods to consider when looking at general competitive strategies within the healthcare industry. Understanding the importance of the right approach to predict success with strategic goals is imperative for healthcare managers.
This week, you will debate with your peers, providing an opportunity to present opposing views, opinions, and research on a topic. You will be divided into two groups: Focus Strategy versus Differentiation Strategy groups. The Focus Strategy group will be based on the first letter of the last name A-K while the Differentiation Strategy group will be based on the first letter of the last name L-Z.
Each student must locate a current healthcare industry example (within the past 5 years) that shows their assigned strategy. This may be from a press release, a journal article, a news segment, or an online article. Give a review of what you found and explain why the strategy used was the most appropriate option when compared to other strategies we’ve studied this week.