Creating a strategic plan and financial budget for a healthcare organization involves many key players. The executive team (CEO, COO, CFO) sets the vision, with the Board of Directors providing oversight. Department heads, doctors, nurses, and other staff contribute insights on patient care and departmental needs. The finance team ensures the plans are financially viable, while HR, IT, and quality improvement teams address staffing, technology, and patient safety (Tulane University, 2024). Involving a diverse group of stakeholders in these processes is incredibly valuable. It brings together different perspectives and expertise, resulting in a more comprehensive and effective plan and budget. This inclusion increases buy-in and engagement, as everyone feels a sense of ownership and commitment to the organization's goals. A diverse team can also identify potential challenges and opportunities that might be overlooked otherwise. Effective communication is another benefit, as engaging various stakeholders ensures the strategic plan and budget are well communicated throughout the organization. This approach ensures the plan and budget address the actual needs of the organization and its patients (Parker, 2022). Strategic planning and budgeting impact everyone in the organization by providing clear direction, efficient resource allocation, job security, and professional development. Additionally, strategic planning and budgeting