Cleveland Clinic Transformation Growth Michael E Porter Elizabeth Olmsted Teisberg 2009
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Section: Analysis Brief background of the company’s transformation and growth plan. Discusses the importance of the strategy to the company’s success. Provides a comparison of the current strategy and the transformation’s plan. Section: Management Describes the management team’s vision and strategic direction for the company’s growth and transformation. Identifies the key leadership qualities required to achieve the strategy’s goals. Section: Technical Highlights the technical strategy and tools used for the company’s transformation. Descri
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In the context of Cleveland Clinic, the Transformation Growth Plan that has come out in 2009, has been one of the major accomplishments that helped the hospital to emerge as the world’s number one medical center in terms of income, number of beds, and patient volumes, as well as the number of physicians that Cleveland Clinic employs, and the number of the top specialists in various fields. With regard to the growth part of the plan, this means that the hospital has opened 22 new facilities in the last
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I’ve recently had the opportunity to study a case about Cleveland Clinic’s transformation growth and strategies. The case involves their “Transformation” in 2007, which ultimately led to the success of the “Transforming Growth” strategy. The transformation involved in this case is the first step in a long journey of organizational change. Cleveland Clinic embarked on this change process as a way to strengthen its presence, and to compete more effectively with its rivals in the growing health care industry. find out The transformation involved
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The Cleveland Clinic, which is a large healthcare provider, has gone from a small, non-profit entity in 1955 to one of the largest in the United States today. The transformation has been remarkable, driven by its transformation agenda which has transformed the way Cleveland Clinic offers healthcare. This transformation has also had significant impact on the business model, the customer experience, and the clinical quality of care. The transformation agenda started with a vision to make Cleveland Clinic a world leader in patient care, the best option for patients in
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One thing is sure: change is not easy. It’s an issue that’s been on my mind since I first heard Michael E Porter’s classic, Five Forces, and learned that change was the only thing that was changing things. I was impressed by the insight that emerged from Porter’s book, and when I learned that the Cleveland Clinic was undergoing a transformation, I knew I had to pay attention. blog What are the five forces that affect a company’s competitive position in the marketplace? Porter’s Five Forces model offers a