SWOT Analysis and Financial Consequences of Proposed Cancer Initiative

SWOT Analysis and Financial Consequences of Proposed Cancer Initiative

As stated in the week three proposed population health initiative, cancer is the leading cause of death and highest recorded disease in the San Diego area; for this reason, it was selected as the health issue. According to the Minnesota Department of Health (n.d), a detailed SWOT analysis enables an administrator to attain a strategic plan for an initiative by listing the necessary strengths, weaknesses, opportunities, and threats. Thus, this executive summary will provide a SWOT analysis of the proposed cancer initiative, taking note of the role of social and economic determinants in the assessment of San Diego community’s needs.

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Definition

            A SWOT analysis allows managers or administrators to examine the internal as well as external factors, which may create an impact on a given organizational initiative. In essence, this is achieved through investigating the inner strengths as well as weaknesses, the opportunities that are available for its development, and the impending threats that the external environment poses (Harrison, 2010). Even though it is widely applied in industries, it can also be of significance in the healthcare sector. Indeed, it is a useful tool in decision-making.

SWOT Analysis of Proposed Population Health Initiative

First of all, the analysis will entail collecting and evaluating the relevant data for this initiative. For instance, the data may include the population demographics of the San Diego community, its health status, the source of funding for the project, and the conventional medical technology being used in the county. According to the demographics of San Diego, the population is balanced since the gender indicator for the males and females is practically 50-50 (“Hospital Association of San Diego and Imperial Counties,” 2016). On the other hand, it has a diverse ethnic background since almost every community is represented in it. Statistics indicate that cancer is the leading cause of death in San Diego, and also the second leading disease causing death in the US. Regarding the funding of the initiative, most healthcare public facilities in San Diego acquire resources from the state (“Hospital Association of San Diego and Imperial Counties,” 2016). It is also important to take note of the medical technology applied in cancer treatment and, therefore, identify if there is a need to upgrade it for the initiative to be successful. After collecting and analyzing all the above-mentioned data, as the administrator of the project, I will need to assess my abilities in the areas.

Second, the analysis will now classify the data on the initiative into four groupings: strengths, weaknesses, opportunities, and threats. Ideally, from the definition of SWOT analysis, strengths and weaknesses stem from the internal factors, which are likely to affect the initiative. On the other hand, opportunities and threats emanate from the externals aspects.

Third, a SWOT matrix will be developed for this health initiative. The Table 1 below summarizes the SWOT matrix for the initiati………………….