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Why is it so crucial that hospitals conduct regular strategic planning sessions?

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Strategic planning is a lot of work, but it is so important for hospitals and other healthcare organizations. Why is it so crucial that hospitals conduct regular strategic planning sessions? Why must they develop a multiyear strategic plan document and update it annually? What would likely happen if a healthcare facility decided to discontinue strategic planning?
Compare and contrast the continuous quality improvement (CQI) and Six Sigma approaches to quality improvement. Which approach do you feel is best suited for measuring and improving quality in healthcare facilities, and why?

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