MSN6216 Unit 7 Assignment Latest 2019 January Question # 00596840 Course Code : MSN6216 Subject: Business Due on: 01/12/2019 Posted On: 01/12/2019 07:00 AM Tutorials: 1 Rating: 4.9/5

MSN6216 –
Advanced Finance and Operations Management

Unit 7
Assignment

Budget Negotiations and Communication

Professional Context

Negotiating budgets and communicating financial needs to
stakeholders are vital skills for nurse leaders. Given today’s numerous
constraints on funding and highly competitive environments, the ability to win
support for your budget proposals hinges on being able to present a compelling
argument based on well documented needs, accurate financial information, and a
justifiable business case.

This assignment provides an opportunity for you to examine
the mission and goals of a health care organization in order to justify a
budget proposal. A persuasive argument requires thoughtful justification and
rationale for the expenses required to support your proposal. A proposal that
supports the organization’s mission and goals strengthens your argument and is
much more likely to get you what you need.

Scenario

The financial department has reviewed your unit’s operating
budget and has asked you to submit an executive summary that provides support
for your budget proposal. Your challenge is to position your unit favorably
within an environment of competing demands for limited funding.

Instructions

Note: The requirements outlined below correspond to the
grading criteria in the Budget Negotiations and Communication Scoring Guide, so
be sure to address each point. You may also want to review the performance
level descriptions for each criterion to see how your work will be assessed.
Additionally, the Guiding Questions: Budget Negotiations and Communication
document, linked in the Resources, provides additional considerations that may
be helpful in completing your assignment.

Write an executive summary of the operating budget you
designed in Unit 5. Make a compelling case for why funds should be allocated
for your budget.

Outline a strategic plan that ensures profitability and
fiscal success.

Present a plan to meet staff productivity goals, while
staying within budget parameters.

Justify equipment and service costs.

Analyze department, unit, or project alignment with the
organization’s mission and goals.

Write clearly and concisely, using correct grammar and
mechanics.

Integrate relevant and credible sources of evidence to
support your assertions, correctly formatting citations and references using
APA style.

Note: Remember, you can submit all, or a portion, of your
draft paper to Smarthinking for feedback, before you submit the final version
for this assessment. However, be mindful of the turnaround time of 24–48 hours
for receiving feedback if you plan on using this free service.

Submission Requirements

Format your paper using APA style.

Use the APA Style Paper Template linked in the Resources. An
APA Style Paper Tutorial is also provided to help you in writing and formatting
your analysis. Be sure to include:

A title page and reference page. An abstract is not
required.

A running head on all pages.

Appropriate section headings.

A minimum of five properly-formatted citations and
references.

Your paper should be 3–5 pages in length, not including the
title page and reference page.

Portfolio Prompt: You may choose to save this learning
activity to your ePortfolio.