Introduce the employees to the process of cash flow analysis
In this assignment, you will make either an audio recording or video recording of what you would say to this disruptive employee to turn them around and get them back on the right track. You will also introduce the employees to the process of cash flow analysis, breakeven analysis, and return on investment measures, all of which play a critical role in a health care manager’s decision process. You will explain that if the attitude can be turned around, you will ask their opinion on making the necessary changes in dealing with health care reform mandates. You will briefly explain each of these financial concepts to the employee and explain how thoughtful opinions are appreciated. This challenge is a big one, but you are up to turning this employee around to the right track for success.
In this audio/video, you will:
Describe the negative behaviors to the employee.
Explain the need to change the behaviors and offer help.
Explain that if the behaviors are changed, the employees could become involved in more finance decision-making activities.
Discuss the key elements in breakeven analysis.
Explain how opportunity relates to cost principles.
Discuss the role of financial analysis in dealing with health care reform mandates.
Create a video at least 5 minutes in length.
Answer preview to introduce the employees to the process of cash flow analysis
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