As a financial health care manager, you must pursue leadership approval for the funding and support for the sustainability initiative plan. Creating this proposal demonstrates your ability to critically think through financial strategy development and presents your financial petition to leadership for resources needed for implementation. In this assessment, you will create an actionable plan to implement your chosen sustainability initiative to present to leadership.
Assessment Preparation
Assessment Deliverable
Write a 1,050- to 1,400-word proposal using the following headings and instructions:
- Summary of Sustainability Initiative Proposal
- Provide a concise overview of your initiative, including its objectives, scope, and expected outcomes.
- Financial Strategies
- Describe at least 3 financial strategies to fund and implement your initiative. Each strategy should include specific details about potential funding sources, cost management, and risk mitigation. (These are the strategies you began researching in Week 5.)
- SWOT Analysis Table
- Conduct an analysis of the strengths, weaknesses, opportunities, and threats (SWOT) related to your financial strategies. Highlight how you plan to address potential challenges.
- Impact Evaluation
- Assess how the following factors influence the success of your financial strategies:
- Proposed community partnerships
- Waste reduction efforts
- Improved patient care outcomes
- Leadership Engagement
- Craft a compelling petition to leadership, clearly outlining the financial justification and strategic importance of your initiative. Include anticipated benefits and how the proposal aligns with organizational priorities.
- References and Support
- Cite at least 3 reputable references (e.g., government or agency websites, scholarly works, industry reports) according to APA guidelines