Analyze the concepts of strategic planning and strategic management. Determine two fundamental differences between the concepts that you have analyzed, and provide one example of strategic management and one example of strategic planning as they relate to healthcare organizations.
Examine the concepts of analytical and emergent approaches to strategic management. Next, imagine that you are a hospital administrator. Determine which of the two approaches–analytical or emergent–would be more effective in planning to expand services to surrounding communities. Provide an example of the type of information that would be necessary when using the approach that you have deemed to be more effective.