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NR 533 Week 7 Business Plan Assignment
NR 533 Week 7 Business Plan Assignment
Purpose
The purpose of this assignment is to develop a business plan for a quality improvement project, program, or service related to an area of student interest within the selected healthcare organization.
I. Requirements:
- Address all components of the business plan as outlined in Preparing the Paper.
- Refer to the Business Plan Worksheet, available for download on the Course Resources page, as needed to complete the assignment.
- This paper will be graded on quality and completeness of information, accuracy of any required calculations, use of citations, use of standard English grammar, sentence structure, and organization based on the required components.
- Create this assignment using Microsoft Word, which is the required format for all Chamberlain documents. You can tell that the document is saved as an MS Word document because it will end in.docx.
- Use of Turn It In is required for this assignment. Use the draft TII portal prior to final submission. This allows you to check for similarity index to other works and helps you identify areas that need to be referenced. See the Turn It In guidelines under Course Resources.
- Submit the final paper to the Files by Sunday 11:59 p.m. MT. Any questions about this paper may be discussed in the weekly Q & A forum under Discussions. Once your paper has been submitted to Files, you are not allowed to resubmit to that portal without express approval by the faculty.
- The length of the paper is to be no greater than six pages including the appendices, but excludes title page and reference page. Extra pages will not be read nor graded by the instructor. Content beyond the page limit will not be considered part of the paper.
- APA format (6 edition) is required in this assignment, including a title page and a reference page. Use headings for the sections of the paper according to APA format. Remember that the introduction does require a heading. See the APA manual for details of formatting. You may also refer to Guidelines for
Writing Professional Papers found in Course Resources. - A complete paper will contain all components outlined under Preparing the Paper.
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II. Preparing the paper
A business plan is a detailed plan for a proposed program, project, or service. The following sections should … clearly present with headings and complete. Use the headings provided in the outline below.
I. Introduction/Overview
a. Purpose of assignment
b. PICOT
c. Purpose of business plan
d. What will … included
II. Proposal
a. Cover letter
b. Executive Summary
III. Detailed Abstract
a. Two types analyses
b. Marketing and financial plans
IV. Appendices
a. Financial tables
b. Graphs/charts
V. Conclusion
a. What was covered in the plan
b. Strengths and weaknesses of the plan
c. Approach for approval
1. Clearly introduce your business-plan assignment in the Overview section. This should be no longer that one paragraph. Include purpose of your assignment, PICOT as basis for and purpose business plan; and what will … covered in the assignment.
2. Include a clearly articulated cover letter written in business letter format, active voice and exactly as it would … read by leadership. Include overview of issue, proposed solution, and action request.
3. Present a captivating executive summary that is interesting and captures the interest of leadership and draws them in to read further. Content includes (1) a description of the proposed project, program, or service,
(2) why it is being proposed, and (3) what outcomes are most likely to occur as a result.
4. Detailed Abstract expands the three areas of the executive summary.
a. Expand description of project purpose
b. Issue/problem defined; supportive evidence for project
c. Expected outcomes and project timeline
d. Marketing/needs analyses and plans at least two strategies
e. Fit with mission of organization
f. Fit with current services
g. Financial plan including budgetary needs
h. Financial impact on stakeholders (organization, patients, unit of service, community)
i. Break-even analysis and cost/benefit analysis results with reference to actual budget and analysis in
appendices
5. Appendices should include any financial tables, charts, or graphs, or other supporting documents referred to in the detailed abstract.
6. Conclusion for the paper includes an overview of what was covered in the paper, strengths and weaknesses of the plan, and plan for seeking proposal approval.
7. The paper length will be six pages maximum including the appendices and excluding title and reference page(s). Note: If you go over the paper length, the additional information will not … read nor considered for part of you grade by the instructor.
8. Title and reference page(s) must be in APA format (6 edition).
9. Use 12-point Times New Roman font and one-inch margins on all sides of the paper.
10. Note: After submitting your assignment to Files, please upload your completed executive summary into the Week 8 designated Discussion to share with your peers.
NR 533 Week 8 Touchpoint Reflection: Finance, Budgets, and Business Plans – “Oh my!”
Guidelines for Touchpoint Reflections
A downloadable version of the guidelines, which includes further information, is available for access in the week 1 discussion thread. Reflection Information
This is the final week of discussion and there are two important areas of reflection included in this discussion. Please label each area with a heading to facilitate classmate and instructor response. EXPERIENCE Post your executive summary. Compare your pre-and post-self-assessments. REFLECTION Discuss the strengths and weaknesses to the business plan for your final proposal. Identify areas of strength and weakness related to financial and budgeting principles discovered through your pre- and post- self-assessments comparison. IMPLICATIONS FOR THE FUTURE What adjustments are needed for you to create the most compelling plan? What concepts from the course do you need to study further? What is your plan for enhancing your knowledge of finance and budgets in the healthcare organization?
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ADDITIONAL INSTRUCTIONS FOR THE CLASS
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- Discussion Questions (DQ)
Initial responses to the DQ should address all components of the questions asked, including a minimum of one scholarly source, and be at least 250 words. Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source. One or two-sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words. I encourage you to incorporate the readings from the week (as applicable) into your responses. NR 533 Week 7 Business Plan Assignment
- Weekly Participation
Your initial responses to the mandatory DQ do not count toward participation and are graded separately. In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies. Participation posts do not require a scholarly source/citation (unless you cite someone else’s work). Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.
- APA Format and Writing Quality
Familiarize yourself with the APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in Loud-cloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required). Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation. I highly recommend using the APA Publication Manual, 6th edition.
- Use of Direct Quotes
I discourage over-utilization of direct quotes in DQs and assignments at the Master’s level and deduct points accordingly. As Masters’ level students, it is important that you be able to critically analyze and interpret information from journal articles and other resources. Simply restating someone else’s words does not demonstrate an understanding of the content or critical analysis of the content. It is best to paraphrase content and cite your source. NR 533 Week 7 Business Plan Assignment
- LopesWrite Policy
For assignments that need to be submitted to Lopes Write, please be sure you have received your report and Similarity Index (SI) percentage BEFORE you do a “final submit” to me. Once you have received your report, please review it. This report will show you grammatical, punctuation, and spelling errors that can easily be fixed. Take the extra few minutes to review instead of getting counted off for these mistakes. Review your similarities. Did you forget to cite something? Did you not paraphrase well enough? Is your paper made up of someone else’s thoughts more than your own? Visit the Writing Center in the Student Success Center, under the Resources tab in Loud-cloud for tips on improving your paper and SI score.
- Late Policy
The university’s policy on late assignments is a 10% penalty PER DAY LATE. This also applies to late DQ replies. Please communicate with me if you anticipate having to submit an assignment late. I am happy to be flexible, with advance notice. We may be able to work out an extension based on extenuating circumstances. If you do not communicate with me before submitting an assignment late, the GCU late policy will be in effect. I do not accept assignments that are two or more weeks late unless we have worked out an extension. As per policy, no assignments are accepted after the last day of class. Any assignment submitted after midnight on the last day of class will not be accepted for grading.
- Communication
Communication is so very important. There are multiple ways to communicate with me: Questions to Instructor Forum: This is a great place to ask course content or assignment questions. If you have a question, there is a good chance one of your peers does as well. This is a public forum for the class. Individual Forum: This is a private forum to ask me questions or send me messages. This will be checked at least once every 24 hours.
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