Highlights
Task
Case Study:
As a manager of a registered residential care home, registered under the CQC guidelines in England, the board of directors have asked you to develop an ‘action plan’ to enable the organisation bid for a new grant funding from the Local Authority in a London Borough.
Task 1:
Prepare a action plan for the board of directors of the care home, critically discussing the advantages and disadvantages of at least two strategic planning models appropriate for the care sector in England. The action plan can be a report-style document including the following:
a. Identify the internal values, strengths and human resources that will help the organisation score highly in CQC inspections.
b. Identify and critically evaluate TWO strategic planning models and recommend one that is most applicable to help the organisation win a grant funding.
c. Your action plan should explore the role and how the organisation collaborate in the community they serve.
d. Remember that the purpose of the action plan is to inform the executives of the care home facility on how a winning bid can be submitted to the funding Local Authority.
e. Use secondary literature to support your discussion.
Task 2:
The word count for 2a and 2b should not exceed 1000 words in total.
a) Briefly discuss the usefulness of a Du Pont analysis to shareholders and then apply it to the care home. Use the financial statements above as a basis for your calculations.
b) Using the calculations above, critically discuss the organisation’s performance in comparison with the industry average. Also provide recommendations on how performance could be improved.
Task 3:
Critically evaluate the use of non-financial models and multidimensional models of performance management in preparation for a discussion with staff and managers in
frontline operations.
Learning Outcomes:
After completing the module, you should be able to:
1. Analyse, evaluate and apply a range of strategic planning models.
2. Calculate, interpret and critique a range of financial strategic performance measures such as Return on Investment (ROI) Residual Income (RI) and Economic Value Added (EVA).
3. Evaluate the use of problem solving and investment appraisal models.
4. Critically evaluate the use of non-financial and multidimensional models of performance management.
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