In order to navigate the economic environment, an organization must be fully aware of its core strengths and weaknesses, as well as the challenges and options that it may face in the selected market. In the case under analysis, further development must be pursued due to the current focus on incremental learning and the rise in the amount and extent of competences that healthcare experts must possess. Therefore, to maintain consistent growth and explore new opportunities, Dr. Zachary and Oscar will have to invest in the development of EduMed.
Table 1. SWOT Analysis
As the SWOT analysis above demonstrates, the lack of experience represents the company’s main weakness. Another strategic issue concerns the need to reshape the current approach to managing the business due to the introduction of new components. Finally, an improved framework toward data management will be required to ensure that the improved system runs properly.
Therefore, the main strategic recommendations to consider in the case at hand should include examining the opportunities that EduMed provides and investing into the development of educational options for the target population. Specifically, digital education opportunities, as well as the active study and use of Telehealth, must be incorporated into the list of approaches that Zachary and Oscar should undertake. The expansion of partnerships must be integrated into the specified plan, with the organization seeking opportunities to gain additional support.
Since the importance of active lifelong learning remains a trend in the healthcare environment, Dr. Zachary and Oscar will need to select EduMed as the most prospective investment area. The specified choice will allow securing their chances for active development and maintaining the quality of the provided services consistent. Specifically, with highly trained and properly educated staff, the organization will thrive and continue to generate expected profits, while meeting customers’ needs adequately.