Role of Strategy Officer

Elrod JK, Fortenberry JL Jr. Adaptive Reuse in the Healthcare Industry: Repurposing Abandoned Buildings to Serve Medical Missions. BMC Health Services Research. 2017;17(Suppl 1):451.
Kaplan RS, Norton DP. Using the Balanced Scorecard as a Strategic Management System. Harvard Business Review. 1996;74(1):75-85.
Your M3 reading assignments include an article on adaptive reuse (see “Adaptive Reuse in the Healthcare Industry: Repurposing Abandoned Buildings to Serve Medical Missions”), a practice which has vast implications for healthcare strategy. It also represents a very good opportunity for you to leave your “desks” and get out into the field to explore possibilities. Here’s the scenario:

Place yourself in the role of Strategy Officer for a soon-to-be-established compounding pharmacy based in the city of your choice. (An actual city must be selected as this assignment calls for formal market research.) This entity will be named Newcastle Compounding Pharmacy and it will offer the usual and customary array of services provided by compounding pharmacies. (If you are unfamiliar with this type of establishment, conduct associated research to gain a proper understanding before completing the assignment.) The owner of the establishment desires operational efficiency and also takes opportunities where possible to make environmentally-responsible decisions. Having learned of adaptive reuse, he enlists you to search the city seeking abandoned and available commercial buildings which might be able to be converted into a compounding pharmacy through adaptive reuse. Your mission is to identify three potential adaptive reuse candidates in your area, identifying their physical address, describing them in detail, and ranking their potential to be converted successfully. The candidates must be actual commercial properties which currently are for sale, so best to consult commercial real estate websites and conduct good old-fashioned, boots-on-the-ground investigations to identify prospects. Feel free to supply links in your text to real estate listings, if available, or other resources to identify your selected candidates. If no such properties exist in the immediate market, expand its boundaries until you find accommodations meeting desired specifications.

Note that in the real world, a project such as this would represent quite the undertaking, requiring possession of an extensive array of information (e.g., spatial needs, financial resources available, location preferences, etc.). Such rich detail (and the time needed to make use of it) isn’t available due to obvious course parameters, but you certainly have sufficient time to perform a cursory examination for purposes of identifying a few potential candidates. That’s exactly what you must do and, through this, you’ll have a better understanding of adaptive reuse. Submissions must incorporate a minimum of ten (10) references, with at least three (3) being from scholarly academic journals. The paper will based on Compliance quality: The degree to which your submission complies with noted guidelines, including word count and reference specifications, Communication quality: The degree to which your work meets standards expected in business communications, including matters concerning the use of proper grammar and punctuation, and Content quality: The quality of the content presented in your work. The paper should follow the format called Format in materials section. Also, in the materials section use the example paper called Example Paper to follow as an a example paper to follow.