Week One: Introduction to Financial Management in Human Services Details Due Points Objectives 1. 1 Explain the role of financial management in human service organizations. 1. 2 Compare and contrast the nonprofit and for-profit sectors. 1. 3 Describe the infrastructure of human service organizations. 1. 4 Explain the role of risk management in human service organizations. Readings Read the Week One Read Me First. Read Ch. 1, 2, & 14 of Financial Management for Human Service Administrators. Read this weeks Electronic Reserve Readings. Participation Participate in class discussion. All Week 2
Discussion Questions Respond to weekly discussion questions. Various Learning Team Instructions Select Learning Team members who work together throughout the course. Create the Learning Team Charter. Review the Week One objectives and discuss insights and questions you may have. 11/25/13 Individual Magnolia Therapeutic Solutions Case Study Resource: Magnolia Therapeutic Solutions Case Read the Magnolia Therapeutic Solutions Case located on the student website. Write a 700- to 1,000-word paper responding to the following questions: How did your decision compare to the board’s decision?
Why did you make the ecision you did? What effect did organizational infrastructure and culture have on your decision? What do you think were the main causes behind the problems that Magnolia ultimately suffered? What would you have done differently to avoid those problems? What differences in acquiring revenue, accruing expenses, and training key personnel are tnere Detween a nonproTlt organlzatlon’s InaDlllty to tnrlve ana a or profit organization’s inability to thrive? Cite at least three differences. What is Magnolia’s deficit in terms of risk management? Format the paper consistent with APA guidelines. 15