Assignment 1: Strategic Management and Strategic Competiveness
The industry that I have chosen for this assignment if the health care industry. I have been a part of this industry for the last thirteen years so I feel as though I am very familiar with it. The organization that is the focus of this assignment is the Orlando Health Group. Orlando Health, Inc. has developed an entire system of facilities that provide for various needs of the community (Orlando Health, Inc. (2012, September 30). Annual Report). The textbook says that globalization is the result of different companies challenging each other to be better or even their best (Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2013). Strategic management). From what I have looked at Orlando Health, Inc., they have chosen to make investments in numerous areas of the industry to ensure they are keeping up with the world around them. They are the patron for many different organizations within the industry as well.
Orlando Health has made themselves a force to be reckoned with by dabbling into as many aspects of the industry that they can find. They began as a simple hospital taking care of patients needs as they occurred. Now they have branched out into the areas of Trauma, terminal illness, teaching, Intensive care, and specialized care like pediatrics and the women’s center to name a few (Orlando Health, Inc., Annual Report). They have seized the opportunities within their environment to ensure they meet or exceed the bottom line. They have been embarking on new construction projects to extend themselves into more areas of the industry building medical complexes and more physician offices (Orlando Health, Inc., Annual Report).
Technology with any aspect of the health industry will always be a step ahead of you. Orlando Health, Inc. and all of its affiliates make every effort to ensure they are able to provide the best care possible for their patients. They spent around 252.2 million...