Attachment 1
[Organization Name]
5 Year Business Plan
2014-15 – 2018-19
Template for [June 2014] 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
2
Organizational Overview
2013-14 Accomplishments
•
•
•
•
Key highlights of service improvements
New revenue streams
Collaborations
Completion of strategic initiatives
2014-15 Organizational Highlights
• Proposed change in service – increase/decrease or new
service
• Re-organization plans
• Key areas of focus and links to strategic initiative
implementation
3
Current state: Strengths, issues, opportunities
Strengths
Issues or concerns
•
Identify the most important issues related to the teaching,
research, and clinical mission
•
Include key internal issues related to personnel, retention, and
succession planning.
Opportunities
4
Strategic vision for the organization
Education
Research
Clinical – Patient
Care
People
• What does success look like?
Highlight aspirational goals?
What is the organization trying to achieve?
• Include key strategic initiatives included in
your planning horizon
• Highlight how the strategic initiatives enable
revenue enhancement, expense reduction, or
program improvement
Finance
5
Financial forecast: five year view
(Note: For the 2014-15 planning cycle, you may choose to limit your forecast through
2015-16 for the Chancellor’s retreat. However, please provide the full, five-year
forecast by the August 7, 2014 deadline.)
Key
Messages
Here
•
•
•
•
•
•
2014-15 revenue profile – pie chart
2014-15 expense profile – pie chart
Revenue and expense trends (2013-14 projected actual and
2014-15 – 2018-19 projected) - line chart (revenue,
expense, net income (revenue less expense)
Reserve summary – committed/restricted and unrestricted
reserves as of June 2013, projected June 2014 to June 2019
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
6
Potential strategies to reduce gap (revenue growth or
expense reduction) not included in financial forecast
Initiative
Description
Financial
Impact
(one time
and on
going)
Implementation
Timeline
Implementation
Lead
Comments
Initiative 1
Initiative 2
Etc…
•
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.
7
Strategic initiatives to support UCSF mission
(not included in financial forecast)
Initiative
Description
Financial
Impact
/Cost
Implementation
Timeline
Implementation
Lead
Comments
Initiative 1
Initiative 2
Etc…
•
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.
8
Appendix
9
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
10