ou will prepare and share a 1-page memo to the organization suggesting the adoption of a financial tool that goes beyond traditional Return on Investment (ROI) calculations.

The goal is to explore innovative financial management strategies to enhance the organization’s financial performance and decision-making processes.

Choose a financial tool or methodology that offers multifaceted benefits beyond ROI analysis. Examples include Activity-Based Costing (ABC), Value-Based Costing (VBC), or Economic Value Added (EVA). Research and select a tool that aligns with the organization’s goals and objectives.

Once you have located a topic, you will:

• Present a brief overview of the selected financial tool, highlighting its key features and benefits
• Provide specific examples or research to illustrate how the chosen tool has been successfully implemented in other healthcare organizations or industries.
• Discuss how adopting the financial tool can improve financial performance and support strategic decision-making within the organization.