Financial Leadership Audiovisual PowerPoint Presentation Please list detail notes in PowerPoint area for voice over (verbiage should be in notes line in Powerpoint). This will be turned in with my voice and Powerpoint presentation. MUST READ DETAILED INSTRUCTIONS in attachment & rubric guidelines. Thank you for your time! Audiovisual 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. 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. Include your leadership style, the method that you use or will use with your team, and the 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: For 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 the APA format for references. Other: You may choose to add graphics and special effects, but these additions will not have any impact on your evaluation, positive or negative. Use Kaltura or another technology to record and narrate the 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 a reference slide. Length: 10–12 slides. Duration of audio recording: 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.
Financial Leadership Audiovisual PowerPoint Presentation Assessment 3 Instructions
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 in which they are presented.
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 the characteristics of effective team leadership.
O 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.
O Identify financial targets, including performance indicators and measurements, for a department within a health care organization.
O Analyze gaps in financial targets versus YTD performance or goal attainment for a department within a health care organization.
O 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.
O Develop a presentation that is clear, concise, well organized, and appropriate for internal stakeholders.
Financial Leadership Audiovisual PowerPoint Presentation 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?
Financial Leadership Audiovisual PowerPoint Presentation Resources
Suggested Resources
The resources provided here are optional and support the assessment. They provide helpful information about the topics. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The Organizational Leadership and Governance Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.
Health Care Finance
- 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.
O Case study that focuses on an attempt to create functional financial area expertise.
- Dong, G. N. (2016). Earnings management in U.S. hospitals. Journal of Health and Human Services Administration, 39(1), 41–71.
O Examines management practices for financial earnings of hospitals.
- Dong, G. N. (2015). Performing well in financial management and quality of care: Evidence from hospital process measures for treatment of cardiovascular disease. BMC Health Services Research, 15(1), 45–59.
O This paper explores what, if any, connection there is between hospitals that provide quality care and the success of their financial management.
Team Leadership
- Daiker, B. L. (2013). Adaptive challenges in medical practices. The Journal of Medical Practice Management: MPM, 28(6), 332–340.
O This presents strategies and models to lead groups to find solutions to adaptive challenges.
- Madden, M. (2015). Soft-leadership competencies for today’s healthcare finance executives. Healthcare Financial Management, 69(5), 42–45.
O Examination of soft-skill related leadership competencies related to health care finance positions.
- 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. Available from the bookstore.
O Chapter 12, “Financial Considerations for Healthcare Leaders,” on pages 251–268.
O Identifies effective financial management models used in health care and the implications of health care reform.
Financial Leadership Audiovisual PowerPoint Presentation 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.
Preparation
Before you create and submit your assessment, complete the following:
- 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.
- 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.
- 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.
Financial Leadership Audiovisual PowerPoint Presentation Directions
Read the requirements for creating an audiovisual presentation carefully.
Audiovisual 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.
O 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.
O Include your leadership style, the method that you use or will use with your team, and the 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: For 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 choose to add graphics and special effects, but these additions will not have any impact on your evaluation, positive or negative.
Use Kaltura or another technology to record and narrate the 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.
Financial Leadership Audiovisual PowerPoint Presentation Additional Requirements
- Structure: Include a title slide and reference slide.
- Length: 10–12 slides.
- Duration of audio recording: 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.
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