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Strategic Financial Planning for Public Sector Services 2nd Edition Ebook

SKU: HB-0009 Category:

Description

Strategic financial planning provides long term financial strategies to shape future service delivery.
This book is one of a series of books entitled Essential Skills for the Public Sector. It promotes the importance of strategic financial planning and how this can have a dramatic impact on financial monitoring and control, as well as assisting the organisation to achieve value for money. The areas covered include financial planning processes, risk analysis, resource management strategies, income generation and cost benefit analysis. The book is designed to give managers, particularly those responsible for financial decision making, ideas to maximise the use of their financial resources and meet the organisation’s long term financial goals. There are worked examples and practical exercises which allow the theory to be put into practice, encouraging self-development and continuous improvement. The style is simple, easy to read, and accessible to staff at all levels within an organisation. It is an essential addition to a manager’s toolkit of skills and knowledge.
The book covers the following areas:
FINANCIAL PLANNING 
The Financial Planning Process
Short term and Long term Financial Planning
Financial Strategies and Actions
Financial Forecasting
Monitoring Activities
Risk Analysis
Summary

RESOURCE MANAGEMENT STRATEGIES 
Financial Management
Human Resource Management
Information Management
Physical Assets Management
Materials Management
Summary

INCOME GENERATION 
Maximising Income from Existing Sources
Using the Existing Customer Base to Raise Income
Identifying New Sources of Funds
Using Third Parties
Investing to Generate Income
Utilising Spare Capacity
Fundraising
Summary

COST BENEFIT ANALYSIS 
Establishing Costs and Benefits
Measuring Intangible Costs and Benefits
Undertaking the Cost Benefit Analysis
Public versus Private Sector Service Delivery
Summary

ALTERNATIVE FINANCIAL STRATEGIES CONSIDERED

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Helping
Organisations
Achieve Value for
Money