Financial planning for major initiatives: a framework for success.
A solid framework for assessing a major strategic initiative consists of four broad steps: Initial considerations, including level of analysis required and resources that will be brought to bear. Preliminary financial estimates for board approval to further assess the initiative. Assessment of potential partners' interest in the project. Feasibility analysis for board green light.
Harris
John M
JM
DGA Partners, Bala Cynwyd, PA, USA. jharris@dgapartners.com
D003659:Decision Making, Organizational; D005377:Financial Management, Hospital / Q000458:organization & administration*; D006740:Hospital Administrators; D010934:Planning Techniques; D014481:United States