Planning is a major function of nursing management ad is primary to all management activities or functions.

Steps in Strategic Planning 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Clearly define the purpose of the organization Establish realistic goals and objectives consistent with the mission of the organization Identify stakeholders Clearly communicate the goals and objectives to the stakeholder Develop sense of ownership of the plan Develop strategies to achieve goals Ensure that the most effective use of resources Provide base from which progress can be measured Provide mechanism for inform change as needed Build a consensus about where an organization is going

Elements of Planning 1. 2. 3. 4. 5. 6. Forecasting Set Objectives or Goal and Determine Results Desired Develop and Schedule Strategies, Programs or Projects or Activities; Set the Time Frame Prepare the Budget and Allocation of Resources Establish Policies, Procedures, and Standards Setting the Evaluation Parameters

Budgeting Budget operational management plan related to income and expenses for division of time; allocated resources necessary for future expenditures. Prerequisites to Budgeting Sound organizational structure with clear line of authority and responsibility Managerial Support Formal policies and procedures must be reflected in the budgetary manual Purpose of Budgeting in Nursing Service To plan the objective, programs, activities of the nursing service and finance to accomplish them. To motivate nursing workers through analysis of actuall experience To serve as standards.