Session #: 81642-xh
Presenter(s): Kenneth Kaufman; Mark E. Grube
Session Length: 1hr. 40 min.
Event: 2006 HFMA Audio Webcast Date: 5-31-06
"Informed by corporate finance-based analytics, management teams must ... make data-driven decisions, assign responsibilities for project execution, hold managers accountable, and monitor the performance of the overall capital investment plans, making adjustments as needed. An integrated strategic financial planning process that ties to effective capital allocation and budgeting processes ensures best practice management of organizational resources and effective market and financial performance."
Financing the Future II Report 3: Essentials of Integrated Strategic Financial Planning and Capital Allocation
Our expert faculty gives you the "how to" for best practice capital management alignment of an organization's long-range strategic, financial and related operating plans. The capital management cycle is a continuous financial planning process that encompasses goals formulated in a strategic plan, a capital structure that is appropriate to the organization's current competitive and strategic position, and a capital allocation process that permits the organization to prioritize capital spending decisions in a way that will improve clinical services while protecting long-term financial capacity.
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