Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to address financial gaps within your organization.

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June 11, 2022
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June 13, 2022

Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to address financial gaps within your organization.

Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to address financial gaps within your organization.

Assignment: Effectively Leading Teams.
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Assignment: Effectively Leading Teams.

Assignment: Effectively Leading Teams.

Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to address financial gaps within your organization. Use Kaltura or another technology to narrate and record a 10–15-minute audio presentation.

Note: You are strongly encouraged to complete the assessments in this course in the order

To remain viable, health care organizations need leaders who can meet financial targets by effectively leading their teams. Whether you work for a nonprofit, for-profit, or government facility, financial goals and targets will influence your leadership priorities. These internal benchmarks, when considered with respect to finite, available resources, create leadership challenges for maintaining fiscal and clinical balance. You may recall a quote from Irene Krause, who started the idea of “No Margin, No Mission.” So, regardless of what your corporate structure might be, all leaders must contribute towards the financial health and profit margin of the organization.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

· Competency 3: Analyze characteristics of effective team leadership. (L5.4, L26.5, L1.4)

· Analyze evidence-based strategies of effective team leadership in a plan to motivate team members to achieve departmental financial targets within a health care organization.

· Competency 4: Examine how financial forecasts guide organizational leadership. (L8.4)

· Identify financial targets including performance indicators and measurements for a department within a health care organization.

· Analyze gaps in financial targets versus YTD performance or goal attainment for a department within a health care organization.

· Propose a leadership plan to close identified financial gaps for a department within a health care organization.

· Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for professionals in health care administration. (L6.1, L6.2, L6.3, and L6.4)

· Develop a presentation that is clear, concise, well organized, and appropriate for internal stakeholders.

Questions to Consider

To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.

· What leadership strengths could you utilize to address the task of motivating your team to engage in meeting financial targets?

· What organizations are you aware of that can help you improve your financial skill sets?

Assignment: Effectively Leading Teams.

Assignment: Effectively Leading Teams.

Resources

Suggested Resources

Library Resources

The following e-books or articles from the University Library are linked directly in this course:

· Broom, K. D., & Turner, J. S. (2015). A competency-based approach to functional area expertise: Extending competency-based education to a healthcare finance area of concentration. The Journal of Health Administration Education, 32(1), 25–46.

· Daiker, B. L. (2013). Adaptive challenges in medical practices. The Journal of Medical Practice Management: MPM, 28(6), 332–340.

· Rauscher Singh, S., & Wheeler, J. (2012). Hospital financial management: What is the link between revenue cycle management, profitability, and not-for-profit hospitals’ ability to grow equity? Journal of Healthcare Management, 57(5), 325–339.

.

Bookstore Resources

The resources listed below are relevant to the topics and assessments in this course and are not required.

· Ledlow, G. R., & Coppola, M. N. (2014). Leadership for health professionals: Theories, skills, and applications (2nd ed.). Burlington, MA: Jones & Bartlett Learning.

· Rubino, L. G., Esparza, S. J., & Chassiakos, Y. S. R. (2014). New leadership for today’s health care professionals: Concepts and cases. Burlington, MA: Jones & Bartlett Learning.

·

· Assessment Instructions

Note: You are strongly encouraged to complete the assessments in this course in the order in which they are presented. If you require the use of assistive technology or alternative communication methods to participate in this activity, please contact Disability Services to request accommodations.

Required Deliverables

This assessment has two parts.

· Part 1: PowerPoint Presentation.

· Part 2: Audio Recording. (Only Notes needed)*

Preparation

Before you create and submit your Deliverables, complete the following:

3. Revisit the environmental analysis conducted in Assessment 1. If you did not conduct a PEST analysis in Assessment 1, consider the possibility of conducting one now to examine the larger industry context in which your organization’s financial forecast is developed.

3. Select and identify two financial targets for your department, along with the performance indicators and measurements. For example: x% compliance with coding, 90% + rating for patient satisfaction scores (on a 1–5 scale), 5% profit margin for service line Y, and so on.

3. Look for professional or scholarly journal articles on characteristics of effective team leaders and strategies for leading effective teams. You will need a minimum of five articles to use as resources for this assessment.

Assignment: Effectively Leading Teams.

Assignment: Effectively Leading Teams.

Directions

Read the requirements for each part carefully.

Part 1: PowerPoint Presentation

Create a PowerPoint presentation you could present to internal executive stakeholders. The presentation needs to briefly and succinctly communicate your leadership plan to address financial gaps you have identified within your department.

Organize your PowerPoint slides in a way that makes sense for your organization. Be sure your slides include the following elements:

. An overview of the environmental analysis from Assessment 1, with a financial focus.

. The two identified financial targets for your department, along with the performance indicators and measurements.

. A gap analysis of financial targets versus YTD performance or goal attainment. Include your observations, trends, and insights.

. An evidence-based leadership plan to address the identified gaps.

9. Analyze the organizational culture and strategic direction, along with strategies for leading your departmental team that consider your strengths and are supported by credible professional resources. You may include team incentives such as profit sharing, or other benefits (tuition reimbursement, seminars, software, HFMA memberships, and other incentives) to motivate your team.

9. Include your leadership style, the method that you use or will use with your team, and inclusion of evidence-based leadership approaches.

You may choose to organize your slides in the following fashion:

. Cover slide: Topic, course, your name, name of the organization this would be for, and date.

. Objective: Example – “Leadership plan to support goal attainment of organizational targets.” Customize to fit your needs.

. Environmental Analysis (1–3 slides): SWOT analysis from Assessment 1 along with a PEST analysis – 3–5 bullet points with salient, high-impact, relevant points.

. Organizational Directive: Your two identified financial targets, along with performance indicators and measures.

. Gap Analysis: Actual versus target variance, followed by your observations and insights (3–4 bullet points).

. Leadership Plan (2–4 slides): 2–4 evidence-based recommendations, including your strategies for leading your team; your leadership approach; and methods, metrics, insights, and observations.

. References: Include authoritative sources only. Use numbered footnotes in your slides. Follow APA format for references.

. Other: You may certainly choose to add graphics and special effects, but these additions will not impact your evaluation either positively or negatively.

Assignment: Effectively Leading Teams.

Assignment: Effectively Leading Teams.

Part 2: Audio Recording (Notes/Script needed) *

Use Kaltura or another technology to record a narrated presentation of the main points. Before you begin recording, you may find it beneficial to write a script or detailed outline that you can refer to as you record. Keep in mind that you will typically have no more than 10 minutes to present your PowerPoint and answer questions. The presentation you record should not be longer than 10–15 minutes.

Include the notes or script of your audio recording. You may choose to include this in the form of the completed Notes section of the PowerPoint presentation slides, as a script you may have used when you created your recording, or in the form of a detailed outline. This will serve to clarify any insufficient or unclear audio, or if you cannot complete the audio recording. Note: If your notes or script are not included in the PowerPoint presentation, please include them in a separate document along with the other presentation elements.

Additional Requirements

. Structure: Include a title slide and reference slide.

. Length (Part 1): 10–12 slides.

. Duration of audio recording (Part 2): 10–15 minutes.

. References: At least five current scholarly or professional resources.

. Format: APA format for references and citations only.

. Font: Use a font that is consistent with the expectations of your organization, for example, Times New Roman, Arial, or Calibri.

·

Overview

Create a 10

12

slide PowerPoint presentation that communicates a le

adership plan to

address financial gaps within your organization. Use Kaltura or another technology to

narrate and record a 10

15

minute audio presentation.

Note

:

You are strongly encouraged to complete the assessments in this course in the order

To remain viable, health care organizations need leaders who can meet financial targets

by effectively leading their teams. Whether you work for a nonprofit, for

profit, or

government facility, financial goals and targets will influence your leadership pri

orities.

These internal benchmarks, when considered with respect to finite, available resources,

create leadership challenges for maintaining fiscal and clinical balance. You may recall a

quote from Irene Krause, who started the idea of “No Margin, No Miss

ion.”

So,

regardless of what your corporate structure might be, all leaders must contribute towards

the financial health and profit margin of the organization.

By successfully completing this assessment, you will demonstrate your proficiency in the

followi

ng course competencies and assessment criteria:

o

Competency 3

: Analyze characteristics of effective team leadership. (L5.4, L26.5,

L1.4)

§

Analyze evidence

based strategies of effective team leadership in a plan to

motivate team members to achieve department

al financial targets within a

health care organization.

Assignment: Effectively Leading Teams.

o

Competency 4

: Examine how financial forecasts guide organizational leadership.

(L8.4)

§

Identify financial targets including performance indicators and

measurements for a department within a health care organization.

§

Analyze gaps in financial targets versus YTD performance or goal

attainment for a department within a health care organization.

§

Propose a leadership plan to close identified financial gaps for a department

within a health care organization.

o

Competency 5

: Communicate in a manner that is scholarly, professional, and

consistent with expectations for professionals in health care admin

istration. (L6.1,

L6.2, L6.3, and L6.4)

§

Develop a presentation that is clear, concise, well organized, and

appropriate for internal stakeholders.

Questions to Consider

To deepen your understanding, you are encouraged to consider the questions below and

discuss them with a fellow learner, a work associate, an interested friend, or a member of

the business community

.

 Overview

Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to

address financial gaps within your organization. Use Kaltura or another technology to

narrate and record a 10–15-minute audio presentation.

Note: You are strongly encouraged to complete the assessments in this course in the order

To remain viable, health care organizations need leaders who can meet financial targets

by effectively leading their teams. Whether you work for a nonprofit, for-profit, or

government facility, financial goals and targets will influence your leadership priorities.

These internal benchmarks, when considered with respect to finite, available resources,

create leadership challenges for maintaining fiscal and clinical balance. You may recall a

quote from Irene Krause, who started the idea of “No Margin, No Mission.” So,

regardless of what your corporate structure might be, all leaders must contribute towards

the financial health and profit margin of the organization.

By successfully completing this assessment, you will demonstrate your proficiency in the

following course competencies and assessment criteria:

o Competency 3: Analyze characteristics of effective team leadership. (L5.4, L26.5,

L1.4)

 Analyze evidence-based strategies of effective team leadership in a plan to

motivate team members to achieve departmental financial targets within a

health care organization.

o Competency 4: Examine how financial forecasts guide organizational leadership.

(L8.4)

 Identify financial targets including performance indicators and

measurements for a department within a health care organization.

 Analyze gaps in financial targets versus YTD performance or goal

attainment for a department within a health care organization.

 Propose a leadership plan to close identified financial gaps for a department

within a health care organization.

o Competency 5: Communicate in a manner that is scholarly, professional, and

consistent with expectations for professionals in health care administration. (L6.1,

L6.2, L6.3, and L6.4)

 Develop a presentation that is clear, concise, well organized, and

appropriate for internal stakeholders.

Questions to Consider

To deepen your understanding, you are encouraged to consider the questions below and

discuss them with a fellow learner, a work associate, an interested friend, or a member of

the business community.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.

ADDITIONAL INSTRUCTIONS FOR THE CLASS

Discussion Questions (DQ)

Initial responses to the DQ should address all components of the questions asked, include a minimum of one scholarly source, and be at least 250 words.
Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source.
One or two sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words.
I encourage you to incorporate the readings from the week (as applicable) into your responses.
Weekly Participation

Your initial responses to the mandatory DQ do not count toward participation and are graded separately.
In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies.
Participation posts do not require a scholarly source/citation (unless you cite someone else’s work).
Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.
APA Format and Writing Quality

Familiarize yourself with APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required).
Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation.
I highly recommend using the APA Publication Manual, 6th edition.
Use of Direct Quotes

I discourage overutilization of direct quotes in DQs and assignments at the Masters’ level and deduct points accordingly.
As Masters’ level students, it is important that you be able to critically analyze and interpret information from journal articles and other resources. Simply restating someone else’s words does not demonstrate an understanding of the content or critical analysis of the content.
It is best to paraphrase content and cite your source.
LopesWrite Policy

For assignments that need to be submitted to LopesWrite, please be sure you have received your report and Similarity Index (SI) percentage BEFORE you do a “final submit” to me.
Once you have received your report, please review it. This report will show you grammatical, punctuation, and spelling errors that can easily be fixed. Take the extra few minutes to review instead of getting counted off for these mistakes.
Review your similarities. Did you forget to cite something? Did you not paraphrase well enough? Is your paper made up of someone else’s thoughts more than your own?
Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for tips on improving your paper and SI score.
Late Policy

The university’s policy on late assignments is 10% penalty PER DAY LATE. This also applies to late DQ replies.
Please communicate with me if you anticipate having to submit an assignment late. I am happy to be flexible, with advance notice. We may be able to work out an extension based on extenuating circumstances.
If you do not communicate with me before submitting an assignment late, the GCU late policy will be in effect.
I do not accept assignments that are two or more weeks late unless we have worked out an extension.
As per policy, no assignments are accepted after the last day of class. Any assignment submitted after midnight on the last day of class will not be accepted for grading.
Communication

Communication is so very important. There are multiple ways to communicate with me:
Questions to Instructor Forum: This is a great place to ask course content or assignment questions. If you have a question, there is a good chance one of your peers does as well. This is a public forum for the class.
Individual Forum: This is a private forum to ask me questions or send me messages. This will be checked at least once every 24 hours.