SWOT and Cost Analysis

Respond to Alexis by critiquing her SWOT and cost analysis, offering supporting or contrary ideas regarding strengths, weaknesses, opportunities or threats to be considered or additional thoughts about the impact of their cost and/or revenue projections. Use APA 7th edition: Leaders need an objective tool to assist them in weighing the pros and cons before making a big decision. One tool touted as helping leaders make the “right decisions or changes,” is the SWOT analysis tool (Stonehouse, 2018, p. 617). SWOT stands for strengths, weaknesses, opportunities, and threats (Stonehouse, 2018). This discussion post will present the SWOT analysis for the toilet safety rails project. SWOT Matrix The first box in the SWOT matrix is strengths. This box represents “internal factors that are positive or beneficial” (Penner, 2017, p. 175. A strength identified for implementing the safety rails is the staff focus on patient safety. The employees would embrace any safety equipment to help them keep patients and themselves free from harm (Stonehouse, 2018). The second box in the SWOT matrix looks at internal weaknesses (Penner, 2017). One flaw is the staff’s management of equipment. Broken equipment is not always promptly reported. The product may be shoved into a corridor when not in use, causing an egress concern, and cannot be located when needed. The third box in the SWOT matrix looks at external opportunities (Stonehouse, 2018). The safety rails are designed to increase stability for the patient when getting on or off the toilet to prevent patient falls ultimately. The Centers for Disease Control and Prevention (n.d.) recommends having grab bars in the bathrooms as a fall prevention measure for older adults’ homes. There are regulatory and financial reasons to prevent patient and staff injuries. Another opportunity for the safety rails is they are relatively inexpensive and are removable, so they do not present a ligature risk in the patient bathrooms. The fourth box in the SWOT matrix is threats (Stonehouse, 2018). Risks associated with the safety rails are staff misuse of the safety rails, and a patient suffers injury or death. A significant patient injury or patient death would harm the organization in terms of regulatory scrutiny, litigation, media attention, and staff morale. SWOT Analysis Overall, the positive benefits outweigh the negative possibilities. The cost of the implementation and maintenance of the safety rails is both a strength and opportunity. The expense of this project is minimal and will pay for itself in the first year. It is not a huge capital investment, so funding should be easily obtained. The opportunity is the cost savings for future expenses related to the staff and patient injuries. The weaknesses and threats relate to staff management of the safety rails. If proper training and monitoring are instituted from the beginning of the project, the project’s negative aspects should be mitigated. In summary, the Centers for Disease Control and Prevention (n.d.) recognizes the benefit of safety rails by toilets to prevent patient falls. The proposed toilet safety rails are relatively low cost but could have a significant positive impact if used correctly. References Centers for Disease Control and Prevention. (n.d.). What you can do to prevent falls. https://www.cdc.gov/steadi/pdf/STEADI-Brochure-WhatYouCanDo-508.pdf Penner, S. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). Springer Publishing Company. Stonehouse, D. (2018). SWOT: What is it all about and how do you use it? British Journal of Healthcare Assistants, 12(12), 617-619. https://doi.org/10.12968/bjha.2018.12.12.617

Don't use plagiarized sources. Get Your Custom Essay on
SWOT and Cost Analysis
Just from $13/Page
Order Essay
Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

Money-Back Guarantee

Are you displeased with your final paper, even after several rectifications? Do not worry. At Assignments123, customer satisfaction is our number one priority. Though uncommon, if you are completely displeased with your final paper and do not want to take advantage of our free revisions policy, you are entitled to a refund. At Assignments123, we view our money-back guarantee as a right rather than a benefit.

We believe our clients deserve the best assignment service they can get on the internet. If you feel we did not deliver the highest quality paper possible, we have a straightforward and streamlined refund process.

Zero-Plagiarism Guarantee

At Assignments123, we have a strict anti-plagiarism policy. We take extra precaution when writing your papers, to ensure none of your work is flagged for plagiarism. Our custom assignment help experts make use of professional plagiarism checking software.

We also make use of professional paraphrasing software when writing your papers. When you hire our expert assignment help service, we will pair you with a writer who will create 100% original and plagiarism free work. Once our writers are done with your paper, our professional editors also proofread your document to ensure there are no traces of plagiarism.

Free Revision Policy

As part of your order, you receive free and unlimited revisions. We are committed to ensuring you submit flawless papers. Only modifications and adjustments that were not successfully satisfied in the initial order should be included, if they are within the guidelines indicated in the order form. These guidelines include:

  1. Your revision instructions should not contradict your original instructions.
  2. Before approving your purchase, you can request a modification at any moment, but you have a 14-day grace period during which you can do so
  3. Your deadline date should never be too close to your original deadline date

Privacy Policy

We take the privacy of our client’s information very seriously at Assignments123. We never disclose any of our dealings with third party services. No one will know you hired one of our assignment writing services to complete your papers.

We also guarantee our customers online security when using our website. All your personal information and passwords are encrypted and are not accessible to any other user apart from you. We also reassure our customers that their accounts cannot and will not be subject to any form of cyberattacks such as hacking. Find more information on the data we collect and store in our privacy policy.

24/7 Customer Support

Feel free to reach out to us via email, phone, or live chat. We love to hear from our customers and we appreciate any feedback you have regarding our assignment help service. We have customer service representatives available around the clock, including holidays, and weekends, whether it is to place an order, check on the status of your order, or for inquiries.

You can choose to chat one-on-one with your assignment expert through our assignment help website’s live chat. You have unlimited number of chats with our verified professionals. We will respond to any of your queries in minutes.

Quality Academic Papers

Our expert team of editors and writers consists of individuals with a diverse variety of writing experience. They are all Ph.D. or M.A. graduates with extensive experience in both their academic fields and the essay writing industry. We guarantee high-quality, unique academic writing at an affordable price.

We write every order from scratch, ensure your papers adhere to standard English conventions, as well as the requirements of your discipline. We also run originality reports on all your academic papers to guarantee their originality. We have a success rate of 99%, with many of our clients attaining their desired grade.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency