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Attachment 1 [Organization Name] 5 Year Business Plan 2013-14 – 2017-18 Template for [June 2013] Presentation. Executive Summary. Key messages: Four to six key messages summarizing financial highlights, key opportunities in the next five years, and key challenges in next five years.
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Attachment 1[Organization Name]5 Year Business Plan2013-14 – 2017-18Template for [June 2013] Presentation
Executive Summary • Key messages: • Four to six key messages summarizing financial highlights, key opportunities in the next five years, and key challenges in next five years
Organizational Overview • 2012-13 Accomplishments • Key highlights of service improvements • New revenue streams • Collaborations • Completion of strategic initiatives • 2013-14 Organizational highlights • Proposed change in service – increase/decrease or new service • Re-organization plans • Key areas of focus and links to strategic initiative implementation
Current state: Strengths, issues, opportunities • Identify the most important issues related to the teaching, research, and clinical mission • Include key internal issues related to personnel, retention, and succession planning.
Strategic vision for the organization Education • What does success look like? • Highlight aspirational goals? • What is the organization trying to achieve? • Include key strategic initiatives included in five year forecast • Highlight how the strategic initiatives enable revenue enhancement, expense reduction, or program improvement Research Clinical – Patient Care People Finance
Financial forecast: five year view Key Messages Here • 2013-14 revenue profile – pie chart • 2013-14 expense profile – pie chart • Revenue and expense trends (2012-13 projected actual and 2013-14 – 2017-18 projected) - line chart (revenue, expense, net income (revenue less expense) • Reserve summary – committed/restricted and unrestricted reserves as of June 2012, projected June 2013 to June 2018 • FTE current and projected • Include potential upside opportunities and downside risks along with their corresponding financial implications • Projections should be realistic and include current activities, approved funding, and program changes • Projections should include Budget Office assumptions for salary and benefit increases • Include current initiatives for expense reduction or revenue enhancement • Projections will ideally result with higher revenues than expenses but in some cases may result in a gap between revenues and expenses
Potential strategies to reduce gap (revenue growth or expense reduction) not included in financial forecast • Include initiatives that could be implemented to either reduce expenses or grow revenue. Provide a description of the opportunity, resources required to implement, an implementation plan with milestones, financial impact – both one time and ongoing. • Identify issues that need to be addressed for a successful implementation. • Identify key risks and options to reduce implementation risks.
Strategic initiatives to support UCSF mission(not included in financial forecast) • Identify potential projects that are not in the Financial Forecast that will be key to achieving the strategic priorities of the organization. • Describe how the initiative supports UCSF’s Mission and Goals • Provide operational and financial metrics to assess the impact of the opportunity. • Provide other key information including financial impact/cost, implementation timeline, lead in implementation, resources required, implementation risks and mitigation plans to reduce the risks.
Five year financial forecast – assumptions • Key assumptions including: • tuition and fee adjustments • number of students • number of faculty • federal funding • private funding • clinical practice metrics • etc . . . • Sensitivity analysis: • Potential upside/downside to forecast with estimated impact • For the main risks, identify potential mitigation plans to reduce the risk
