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MHA 520 UP Developing Strategic Alliances with Stakeholders Essay

September 2, 2023

Identifying Stakeholders and Forming Alliances Paper

Part of having a professional online presence is creating professional content for peers to engage with and to share your expertise.
Imagine that as a member of the executive team working on the strategic plan of the recent merger between the hospital and medical center, you are asked about the strategies you use to forge growing professional relationships with internal and external stakeholders.
Write a paper that discusses developing strategic alliances with key internal and external stakeholders, and how to network effectively within the health care sector in which you work.

Describe the health care sector in which you work.

Identify key internal and external stakeholders.

Describe strategies used to develop relationships with internal and external stakeholders.

Provide guidelines on networking through different venues such as online events, conferences, social media, professional meetings, or social events.

Expert Solution Preview

Introduction:
Developing strategic alliances with internal and external stakeholders is crucial in the healthcare sector to ensure successful collaboration, effective communication, and meaningful engagement. This paper will discuss the strategies used to forge growing professional relationships with these stakeholders and provide guidelines on networking within the healthcare sector. Furthermore, it will describe the healthcare sector in which I work and identify key internal and external stakeholders.

Answer:
The healthcare sector in which I work is an academic medical center associated with a renowned university. This center provides comprehensive patient care, conducts innovative research, and offers educational programs to train future healthcare professionals. As a medical professor, my focus is on designing and conducting lectures, evaluating student performance, and providing feedback through examinations and assignments.

Internal stakeholders within the academic medical center include faculty members, students, and administrative staff. These individuals play a vital role in the functioning of the center and contribute to its overall success. Faculty members deliver high-quality education, conduct research, and provide clinical care. Students are the primary beneficiaries of the educational programs and represent the future workforce in healthcare. Administrative staff ensures the smooth operation of various functions and departments within the center.

External stakeholders in the healthcare sector include healthcare organizations, professional associations, government agencies, and the local community. Healthcare organizations collaborate with the academic medical center for clinical rotations, research partnerships, and continuing education opportunities. Professional associations provide a platform for networking, knowledge exchange, and professional development. Government agencies regulate healthcare policies, provide funding opportunities, and shape the overall healthcare landscape. The local community is also an essential external stakeholder as they benefit from the patient care services and contribute to the overall wellbeing of the center.

To develop relationships with internal stakeholders, open communication channels are crucial. Regular meetings, discussions, and collaborations should be fostered to build trust and mutual understanding. Encouraging a culture of transparency and inclusiveness promotes engagement, teamwork, and a sense of ownership. Providing continuous support, mentorship, and professional development opportunities to faculty members and students enhances their commitment and loyalty to the organization.

Engaging with external stakeholders requires active networking strategies. Online events, such as webinars and virtual conferences, provide opportunities to connect with professionals across the healthcare sector. Participating in social media platforms, such as healthcare-specific forums or LinkedIn groups, allows for sharing expertise and insights. Attending professional meetings and conferences enables face-to-face interactions, knowledge exchange, and potential collaboration. Moreover, social events provide a more casual setting to connect on a personal level, fostering stronger relationships.

To network effectively, it is important to be proactive, respectful, and attentive to the needs and interests of stakeholders. Actively listening, asking relevant questions, and expressing genuine interest can help build rapport. Sharing valuable and relevant content through online platforms or presentations during conferences demonstrates expertise and establishes credibility. Following up after networking events, maintaining regular communication, and showing gratitude for the support received are essential practices to nurture relationships.

In conclusion, developing strategic alliances with internal and external stakeholders is vital in the healthcare sector. By understanding the healthcare sector, identifying key stakeholders, and employing effective strategies, professionals can build lasting relationships that contribute to the success of their organizations and enhance collaboration within the healthcare community.

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