Responsive Stewardship
Strategic Resource Allocation integrates analytics from across the organization to ensure that balance sheet resources become a dynamic part of the financial and strategic planning process. These resources serve as a “risk throttle” that helps respond to shifting operating risks and mission imperatives.
Unrestricted cash and investments are a uniquely important lever for recalibrating the relationship between resources and risks, a process that becomes especially important in periods of operating turbulence. Strategic Resource Allocation is the bridge between the organization’s ever-changing operating and financing risk profile and the appropriate positioning of its balance sheet resources.
We feel operations and mission collectively represent the greatest demand on every healthcare organization’s resources. Strategic Resource Allocation supports a transition from passive (or compliance-driven) risk management to active risk management by creating a dynamic bi-directional bridge between risk and balance sheet positioning.
Decisions related to operating performance, strategic endeavors, capital spending, leverage, and the role of investments each impact total risk and resource positioning. Strategic Resource Allocation creates a uniquely holistic decision-support framework.
Navigating disruption requires analytic integration, communication, and action, guided by a common decision framework and resulting plan. Strategic Resource Allocation connects with other important decision-support tools to generate an integrated response that can be recalibrated as internal or external circumstances change.
In this webinar hosted by Russell Investments, Thomas Jefferson University’s SVP and Chief Investment Officer Alfred Salvato describes the benefits of implementing a strategic resource allocation framework across the organization’s balance sheet assets.
Continuously reposition balance sheet resources to advance operations and mission
Promote actionable risk management as a critical step in optimizing balance sheet resource positioning
Integrate reliable but typically distributed analytics to create truly responsive resource positioning
Create a holistic risk-resource communication hub among and between management and governance
The Change Healthcare Cyberattack: A Risk Perspective for CFOs and Treasurers
The Balance Sheet Buffer
External Capital Formation in a Higher Rate Environment
