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Strategic Plan Of 1199 Training And Employment Fund Seiu

Strategic Plan of 1199 SEIU TEF
MBA580
University of Phoenix

Table of Content

1. Executive Summary 3
2. Company Background 4
3. Vision Statement 5
4. Mission Statement 6
5. Value Statement 6
6. Environmental Analysis
Strategic Imperative 9
Remote Environment
Social/Cultural Factor 12
Political/Legal Factors 12
Technological Factors 13
Demographic Factors 13
Industry Environment 14
Operating Environment 16
Competitive Analysis 18
Internal Environment 20
7. Long-Term Objectives 23
8. Strategic Analysis 25
Matched Pair Analysis 26
S.W.O.T Matched Pair Conclusion 27
Strategic Analysis and Choice 29
9. Plan Goal Implementation 32
Gap Analysis 35
Key Performance Metric 38
10. Financial Analysis and Projections 38
11. Critical Success Factors 41
12. Controls and Evaluations 42
References 46


Executive summary
1199 SEIU Training and Employment Fund (TEF) is one of the divisions of benefits offered by the Union – 1199SEIU operating in the healthcare industry. The healthcare industry is fragmented and presents challenges of stiff competition, no major market share and no visible leader in the market. While the industry is forecasted to have the greatest amount of growth among other industries over the next five years, it is forecasted that it will suffer the greatest shortage of professionals needed to perform in this market. Finding the actual workers also pose a challenge to TEF. Looking into the future, TEF has the ability and resources to overcome these challenges and to achieve its vision of providing for a world class healthcare workforce. To accommodate this vision, TEF use market development, product development, horizontal integration and innovation to implement several long-term objectives and strategic initiatives that...