Attachment 6
[Organization Name]
5 Year Business Plan
2016-17 to 2020-21
Template for June 2016 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
2015-16 Accomplishments
• Key highlights of service improvements
• New revenue streams
• Collaborations
• Completion of strategic initiatives
2016-17 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
Finance
5
• 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
Financial forecast: five year view
(2016-17
•
•
Key
Messages
Here
•
•
•
6
revenue profile – pie chart
2016-17 expense profile – pie chart
Revenue and expense trends (2015-16 projected actual and
2016-17 to 2020-21 projected) - line chart (revenue, expense,
net income (revenue less expense)
Reserve summary – committed/restricted and unrestricted
reserves as of June 2015, projected June 2016 to June 2021
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
Initiative
Description
Financial
Impact
(one time
and on
going)
Implementation
Timeline
Implementation
Lead
Comments
Initiative 1
Initiative 2
Etc…
7
•
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)
Initiative
Description
Financial
Impact
/Cost
Implementation
Timeline
Implementation
Lead
Comments
Initiative 1
Initiative 2
Etc…
8
•
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.
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:
10
•
Potential upside/downside to forecast with estimated impact
•
For the main risks, identify potential mitigation plans to reduce the risk