Session 2: Multi-Year Financial Planning
Wednesday, May 15, 2024
10AM – 12PM
In these challenging times, it is critical that leaders understand their organization’s financial model including key revenue drivers as well as what it really costs to run a program and use that information to inform long-term financial plans. Sufficient operating reserves, which can take years of thoughtful planning to accumulate, are key to an organization’s ability to manage through uncertainty and risk. In this workshop, we’ll explore how to develop multi-year financial projections with a focus on how to build an effective reserve strategy into those plans.
Key concepts include:
- Identifying key areas of risk and change
- Setting targets for operating reserves
- Taking the organization’s financial health goals into account when creating long-term plans