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Imagine you are the CFO of a hospital. You have been asked by the board of directors to present at the next board meeting the alignment of the financial plan to the strategic plan of the hospital

Wk 3 Discussion: Financial and Strategic Planning [due Thurs]

The Budgeting Process Wk 3 Worksheet: Financial Exercises

Discussion Topic

Imagine you are the CFO of a hospital. You have been asked by the board of directors to present at the next board meeting the alignment of the financial plan to the strategic plan of the hospital.

Respond to these questions as you prepare for your presentation.

 What is the role of financial planning in the overall organizational strategic plan?

 How do financial planning and strategic planning influence health care organizations?

Provide an example.

Response Requirements

 By Thursday, respond to the prompt above in a minimum of 175 words.

 By Monday, post a total of 3 substantive responses over 2 separate days for full

participation. This includes your initial post and 2 replies to classmates or your faculty

member.

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