Budget Negotiations and Communication

Develop and record a 15-20 minute audiovisual presentation for your stakeholders to explain and justify the proposed budget.

Collapse AllIntroduction

As a nurse leader in todays healthcare environment, you will have to present your strategic and fiscal plans to your organization’s leadership. This assessment provides an opportunity for you to engage your stakeholders, present your developed capital and operations budget, and discuss financial sustainability while considering your staff productivity and an inclusive work environment.

Note: Each assessment in this course builds on the work you completed in the previous assessments. Therefore, you must complete the assessments in this course in the order in which they are presented.

Instructions

Develop and record a 1520 minute audiovisual presentation for your stakeholders to explain and justify the proposed budget. Address the following in your presentation.

• Present the strategic plan to stakeholders.
• Define criteria for identifying and prioritizing stakeholders.
• Set the vision and level of ambition for future engagement.
• Present the capital and operating budgets.
• Include the components of both the capital and operating budget.
• Explain the key line items within both budgets.
• Discuss how the budget is in alignment with an organization’s mission and goals.
• Describe how the organization’s mission and goals will be met with this budget.
• Explain how profitability and fiscal success impact an organization’s strengths and weaknesses.
• Explain how this approach is effective and will benefit the fiscal sustainability of the organization.
• Include how the implementation of the proposed budget considers sustainability that impacts patient care outcomes.
• Consider the wellbeing of staff productivity in an inclusive work environment (DEI).

Submission Requirements

• Length: 1520 minutes for narration; 15 slides, not including cover and references slides.
• What to Submit: Along with your video recording of you presenting your PowerPoint,, submit your slides with speaker notes as a PDF.
• Save your PowerPoint files as a PDF with notes.
• The speaker notes will be processed through Turnitin.
• Refer to the for help.
• Format: Follow current APA style. Refer to for help. Be sure to include a title slide and a references slide.

Competencies Measured

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

• Competency 3: Apply financial and leadership principles in alignment with a healthcare organizations mission, goals, and strategic plan.
• Present the strategic plan to stakeholders.
• Discuss how the budget is in alignment with an organization’s mission and goals.
• Explain how this approach is effective and will benefit the fiscal sustainability of the organization.
• Competency 4: Communicate effectively with diverse audiences, in an appropriate form and style, consistent with applicable organizational, professional, and scholarly standards.
• Deliver a persuasive, coherent, and effective audiovisual presentation, well suited to the information needs and concerns of the target audience. Speaker notes are detailed and support the presentation. Recording is professional and within the 15-20 minute time limit.
• Support main points, assertions, arguments, conclusions, or recommendations with relevant and credible evidence using current APA style and formatting.