Summary AH543 W8finalassignment.docx AH543 The 5 ˜P™s™ of Strategy Grantham University (HCAD) Healthcare Strategic Management AHA543 The first part of the final exam for this c

AH543 W AH543 The 5 ˜P™s™ of Strategy Grantham University (HCAD) Healthcare Strategic Management AHA543 The first part of the final exam for this class was to discuss the 5 Ps of strategy. The 5 P's are Planning, Pattern, Position, Perspective, and Poly. It is essential especially for health care organizations to have a very clear path to work down ensuring sustainability, growth, and financial security. Organizations need strategies, that include creating cultures of empowering the employees and allowing open communication. The manager will play a pivotal role in ensuring that the organization's strategies are carried out in the most efficient manner possible. Organizational can only be achieved with a good plan (Bhasin, 2018). The first P, planning: For any action to take place an organization must have a pla