ACT1W3 – Activity – Videos and Article – Succession Planning
ACT1W3 – Activity – Succession Planning
ACT1W3 – Activity – Videos and Article – Succession Planning
Hillsboro Health System’s (HHS) board of directors are at a crossroads, pondering the current situation at HHS, one of the largest U.S. nursing home providers. The board is discouraged by the company’s downward spiral of its stock price and financial performance. The board is also disappointed with the continuing explanations of the CEO about the company’s situation.
Their concern is accentuated by the uncertainty of the healthcare industry, and also by the increased market penetration by HHS’ competitors. The healthcare industry was indeed subject to many environmental factors, not the least of which was the reliance on government reimbursement for services. One of the major issues facing the industry was significant reductions in federal funding for health and elder care.
The lack of a succession plan at HHS coupled with no formal internal effort to develop leadership for the future cast an ominous shadow over the future of the company. The board knew it did not have any time to waste.
As a recruiter for an Executive HR company, you are hired to explore issues pertaining to HHS’ leadership options. The goal is to develop a leadership and succession plan for the scenario listed above.
Review the following links:
http://track.smtpsendemail.com/9064971/c?p=BYsMfkkzLFGsYSOwX8tOncf1l6DivRRukB8IlUOBmEV0Kz5utCEVhYUepyNl8PYr3gkQPSOzRcCnaBX45gNnAz5T1zGfP8Z4f3OW45kRajVh-beZ6D21Ow6Fl0I4JUOPR8MmN7RKufo0b8-HejtO4Xi6UH-wsXzAieZifZpyXpI=
http://track.smtpsendemail.com/9064971/c?p=OQUsIMLARWddS09gB5en9v6CsM8KsVBGof93r3Sfz1raXc0wly4_yGVleVA1yeWQsQTFzr2vxki1lobYRmoj-msiPb2gS_6hVlDu2sAGsF5VsMtWVJOFD6u-Nd0rYSWsI5weid2Acxl_nHDRprCldC4fcSN1Q9UB6p6zRCj1Eag=
http://track.smtpsendemail.com/9064971/c?p=YbND-xM6EY2GUOx4Z4gFcqLwPzzRP8bqmg6tAXnVZcJmDweNTUWCF0p5kOXZHRvvZW-snySvIyTgTfqVQFZHQJ9JdJtUy7_IIkW0Z2e2ZEqUrALDj926S8D6QZrBulmIG_04R7bODY0OC0ouw0ynbHoDPQVLilT6edxzHBwbmIe55Kx6i_MWq5t_KAQuVDfmPFbcR5P_u7kdE9c8on2m9w==
Within the context of the COVID-19 pandemic,
Defend your response in class regarding succession planning for leadership in healthcare.
Directions to student: You must complete this discussion in (no less than 750 words) into three substantive paragraphs 250 words each. Make sure you address the subject topic within the context of the COVID-19. Make sure you include at least four APA-formatted citations/references.
Answer preview to ACT1W3 – Activity – Videos and Article – Succession Planning
APA
863 words
