Strategic Management and SWOT Analysis of Albany Medical College

This report provides a strategic management analysis of Albany Medical College, a US-based non-profit medical research institution, utilizing frameworks such as the McKinsey 7S model, SWOT analysis, and PESTLE analysis. The analysis identifies strengths in state-of-the-art medical equipment, healthcare education investments, and community focus, while highlighting weaknesses in management structure, clinical process continuity, and resource availability. Opportunities for growth include collaborations, increased funding, and community partnerships, while threats involve political/economic instability, increasing demands for expensive technology, and budget deficits. The report recommends strategies to address weaknesses, capitalize on opportunities, and maintain a competitive edge in the healthcare sector. This document is available on Desklib, where students can find a wealth of past papers and solved assignments.

Running head: STRATEGIC MANAGEMENT ANALYSIS
Strategic Management Analysis of Albany Medical College
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1STRATEGIC MANAGEMENT ANALYSIS
Abstract
The company selected for carrying out strategy analysis is Albany Medical College that is
positioned as a renowned US based non-profit medical research company. The paper will
evaluate its strategic position in US through employing certain effective external business
environment analysis frameworks such as 7s framework theory, SWOT along with PESTEL
analysis. Certain weaknesses have been revealed in its management structure that has resulted in
attaining advantages of new educative applications in medical sciences. To deal with such
concerns Albany Medical College should develop strategy of offering training grants along with
fellowships at the pre-as well as post-doctoral levels that needs to be gradually increased.

2STRATEGIC MANAGEMENT ANALYSIS
Table of Contents
1. Introduction..................................................................................................................................3
2. 7S framework theory...................................................................................................................3
3. SWOT analysis............................................................................................................................8
4. PESTLE analysis.......................................................................................................................10
5. Change recommendations..........................................................................................................14
6. Management structure before and after the change...................................................................17
7. Conclusion.................................................................................................................................21
References......................................................................................................................................23

3STRATEGIC MANAGEMENT ANALYSIS
1. Introduction
Strategic analysis business tools and techniques can facilitate in understanding the
company’s environment strategically regarding the business. Such tools facilitate in analyzing
the business position of the company along with its strategic advantages in the industry. It can
also facilitate in analyzing the strengths and weaknesses within its management structure (Gureje
et al. 2015). The objective of this paper is to carry out strategic management analysis of a health
science university and a biomedical research institution of US. The company selected for
carrying out strategy analysis is Albany Medical College that is positioned as a renowned US
based medical research and patient care company. This organization carries out biomedical
research and grants institutions and other individuals in supporting range of international
research activities along with pre-college and undergraduate science education.
The major purpose of this institution is to promote human knowledge in the basic science
field along with its effective application (Amc.edu., 2018). Considering same, the paper will
evaluate its strategic position in US through employing certain effective external business
environment analysis frameworks such as 7s framework theory, SWOT along with PESTEL
analysis. Based on the findings effective change recommendations will be provided along with
proposing a suitable management structure change in the organization.
2. 7S framework theory
McKinsey 7S model serves as an important tool in analyzing Albany Medical College’s
internal competitive advantage aspects such as its position of strategy, structure, systems, shared
values, style, staff and skills (Král and Králová 2016). All such factors facilitate in determining

4STRATEGIC MANAGEMENT ANALYSIS
the ways in which Albany Medical College develops plan in maintaining and developing
competitive advantage among its rivals in US. Moreover, it can also facilitates in understanding
the ways in which the organization is structured along with the leadership style and
organizational capabilities attained by the institution (Ravanfar 2015). This can further facilitate
in recognizing if they are effective enough and is aligned with company objectives. Such
analysis will facilitate in evaluating the strengths and weaknesses in its internal organization’s
skills based on which suitable recommendations can be provided for maintaining its suitable
position in UK.
Figure 1: McKinsey 7S model of Albany Medical College
(Source: Faturrohman et al. 2018)

5STRATEGIC MANAGEMENT ANALYSIS
 Strategy- Albany Medical College developed a strategy that has focused on increased
investment in the community care biomedical research. An increased funding is needed
in bringing overall shifting care within a community focused on which biomedical
researches carried out by this institution (Shaqrah 2018). The medical institution
implemented a strategy to build and maintain competitive advantage over the
competition. Albany Medical College considered maximum asset utilization so that it
operates in clusters and through setting medical research institutions and learning
programs all over US along with attaining certain expensive resources such as medical
equipment’s and bank-end operations that must also be shared all across the institution
(Spaho 2014).
 Structure- Albany Medical College board will encompass 6 directors that will include a
chairman along with 2 directors each from the biomedical research process along with 2
independent directors those will have extensive industry experience on medical teaching.
The Albany Medical College’s management team will include professionals those will
have a combination of different backgrounds along with expertise in research and
biomedical knowledge field those will be from US. The health science university and a
biomedical research institution of US will have its corporate headquarter in US.
 Systems- The biomedical research and health care science education institute follows a
system that includes four major elements that includes high throughput, no frills model,
service specialization along with asset utilization maximization (Baishya B., 2015). The
aspects of this system followed in Albany Medical College are explained below:
High throughput: Albany Medical College operates its business in large volumes in
comparison to the transparent players that segments its fixed costs over a wide range of

6STRATEGIC MANAGEMENT ANALYSIS
consumers. Albany Medical College conducts more than 100-200 researchers per month
in comparison to previous years.
No frills models: Albany Medical College offers services which is needed by all its
target consumers at the while refraining it from making infrastructure investments needed
by very few of the customers. Albany Medical College collaborates with the pediatric
hospitals in conducting extensive research on biomedical issues. These are through
offering practical learning experience to the students in the institute. Albany Medical
College attains support through this system in keeping its costs low along with decreasing
operating expenses.
Service specialization: Albany Medical College’s specialization in biomedical research
and education services facilitates its processes to become highly standardized and
reportedly carried out by its staff. Such processes are also replicated in all its institutions
and research centers for its expansion (Chanpuypetch and Kritchanchai 2017).
Asset utilization maximization: Albany Medical College operates in segments. Through
setting a number of research centers and health science learning centers in a city, some of
the costly resources might be shared across medical institutions.
 Shared Values- Albany Medical College has a shared value of positioning itself as the
leading health care education provider and research institution that offering superior
quality, affordable core health care services all through the nation. Clear direction and
strategies fostered shared values along with maintaining strong organizational cohesion
(Weeger and Gewald 2015). Albany Medical College also has the culture of maintaining
good communication along with energy for offering superior quality care for the patients
even in a situation of increased costs and workload in research and educational processes

7STRATEGIC MANAGEMENT ANALYSIS
carried out in this institution. The institution also has culture of maintaining close
working relationships along with simple structure of its management.
 Style- Albany Medical College follows rigorous evaluation and monitoring style. This
cultural style followed in the institution defines the ways in which managers behave in
attaining their common organizational goal. Through analyzing the culture style followed
in Albany Medical College it has been gathered that the staff within the company
maintain effective relationships among their professional group to foster a positive
organizational culture (Castaneda et al. 2015). Moreover, they also carry out regular
meetings in maintaining collaborations for maintaining an effective cultural style in
biomedical research and health care science learning services.
 Staff- Albany Medical College attains a skilled pool of medical doctors, nurses,
biomedical researchers and health science professors. These include the number and type
of staff maintained by this institute. However, the institution faces issues regarding
maintaining right composition of staff and few challenges also takes place in case
employees are not willing to remain as flexible towards work as needed (Back et al.
2016). In addressing such concern related to its staff, Albany Medical College has
considered developing multidisciplinary teams; these can share expertise regarding
medical research planning.
 Skills- Albany Medical College has expert skills of talented medical researchers, doctors
and professors these are highly capable to offer extensive knowledge in medical science
subjects. The institution also has a panel of expert researchers those are highly skilled in
carrying out biomedical researchers to analyze the current health issues faced by US
population along with analyzing the modern technologies those can be beneficial in

8STRATEGIC MANAGEMENT ANALYSIS
addressing such concerns (Aiken et al. 2017). The biomedical research carried out in this
institution is wide and includes current concerns such as maternal healthcare, pediatric
care, diagnostic and pharmacy services. It also offers healthcare education services to the
communities in which their institutions located.
3. SWOT analysis
SWOT analysis conducted for Albany Medical College in analyzing the strengths,
weaknesses, opportunities and threats of the business that can facilitate in better strategy
implementation for attaining a strategic position (Niederwieser et al. 2016). From carrying out
SWOT analysis below it becomes evident that in the health care sector that serves as a major
strength in increasing quality of patient care learning along with high standards in biomedical
research within the institution. Moreover, certain weaknesses have also been revealed in its
management structure that has resulted in attaining advantages of newer educative applications
in medical sciences (Brubakk et al. 2015). To attain increased competitive advantages certain
operating growth opportunities must be utilized by the health care institute. The institute must
also consider that infrastructure and resources are a major part of biomedical research system and
therefore its maintenance is an important decision to be taken by the institution. Moreover, it has
also been gathered that the institution can attain the opportunity of improving its income by
enhancing efficiency, increasing investment in biomedical research-based education services and
through advancing its management structure (Pastrana, Centeno, C. and De Lima, L., 2015).
Strengths
 The company has competitive
advantages as it uses state-of-art
Weaknesses
 Certain weaknesses are faced as the
institution has certain weak healthcare

9STRATEGIC MANAGEMENT ANALYSIS
medical equipment
 Increased investments in healthcare
informatics
 Has great focus on community
healthcare improvement projects (Lu,
Tao and Ying 2017)
 The company has highly competent
employees
 It also communicates clear
understanding regarding company goals
and increased quality improvement
 Organizational structure is observed to
have an increased collaboration with
other healthcare organizations
 Existence of relevant and timely
biomedical research data that decrease
costs and increase quality of patient
care
education facilities
 Lack of continuousness in clinical
process
 Disruption in the care education
continuity resulting from poor
communication
 Inefficiency in the education system
 Poor use of healthcare info metrics (Ma
Han and Ma 2015)
 Insufficient training
 Weak availability of financial resources
Opportunities
 Collaboration among medical research
institutes and healthcare organizations
by development of healthcare delivery
networks
Threats
 Political or economic stability can
impact US investment in biomedical
research
 Increasing demand by physicians and

10STRATEGIC MANAGEMENT ANALYSIS
 Increased level of funding for the
healthcare info metrics
 Increased chances of community
partnership for developing new
healthcare programs
 Implementation of new clinical
parochial for improving quality and
efficiency of the medical education
(Kapoor, Tan-Koi and Teo 2016)
medical students for expensive medical
technology that is not that cost effective
 Increasing deficits in state and federal
budget
 An increasing uninsured population
along with increasing pressure to
decrease costs of healthcare
4. PESTLE analysis
PESTEL analysis is carried out for Albany Medical College in analyzing its business
environment in which it operates along with the strengths and challenges faced by the company
in maintaining its sustainable business position (Hamdan 2017).Moreover, carrying out such
analysis will also facilitate in analyzing the strengths and internal resources of the organization
along with evaluating the weaknesses prevailing within the company that needs improvement for
attaining competitive advantages for the company in the end.
 Political-These factors have a significant role in determining the factors which can
impact the company’s long term profitability over the long run (Fosher 2018). For
attaining success in the industry as a biomedical institute and research organization, the
company needs to consider all its political risks that include industrial safety regulations
within the Healthcare sector. Certain political factor that is deemed to affect the medical

11STRATEGIC MANAGEMENT ANALYSIS
institution includes poking regulations for the biomedical research materials. Taxation on
biomedical equipment’s is another concern for this research institute (Quinn, Brovman
and Urman 2017). Moreover, most of biomedical institution remains privatized and there
has been certain changes in the curriculum of Albany Medical College with decreased
lead times. The government initiatives for the biomedical research institutes are imposing
risks that can lead to medical institution fail to deliver the policy. Considering the same,
it clarified that Albany Medical College needs to be self-managing and self-financing to
sustain its competitive position in the industry.
 Economic-Among the economic factors, central or local government funding decisions
might affect Albany Medical College along with their fund-raising plans. Interest rates
along with shortages of materials within the domestic and international markets.
Overprovision of biomedical research institution places in the region can lead to
increased competition from other biomedical research institutions. Moreover, certain
other economic factors affect the business operation of Albany Medical College that
affects the aggregate demand and investment within the economy. Certain competition
norms are observed to affect the medical institution’s competitive advantage in US.
Certain economic aspects that affect the business of the institution include biomedical
education level in the economy along with the extent of government intervention in free
market and biomedical research purposes (Mehdaova 2017). It is for this medical institute
to comprehend all stages of its business cycle before making any contribution in the
biomedical industry. It is also necessary to consider developing best infrastructures which
can enhance biomedical research services along with the educational programs.