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Relationship between financial and strategic planning

Assignment Help Operation Management
Reference no: EM133099765

Assessment Objectives:

1. Relationship Between Financial and Strategic Planning

2. Key Financial Policy Targets

3. Financial Planning & Policymaking

4. Financial Plan Tied to Management-Control

Scenario: Facility Follow-up

Once again, you are a CEO newly appointed for the Continuing Care Retirement Community that is under the Hospital System from previous weeks. A board retreat is coming up and you must help with a critical decision: relocate the facility to a more suburban area or stay in its current metropolitan area location. In Week 7-8, do some research on facility planning and location planning. What are some methods to strategically placing a medical facility in a community? Which method is the most logical? Which method is more widely used? What other factors must be considered in the planning stages?

Reference no: EM133099765

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