Financial planning is imperative to the organization the CFOs decisions should be based on the over goals of the organization while also keeping in mind the impact that it will make as a whole. As a manager you have to ensure that you are keeping the organization staffed and that all departments are obtaining what they need while staying in budget. This sometimes will include several budgets depending on the department and the size of the practice. Strategic financial planning is key to keeping the organization running properly. For example, as a manager you are ensuring that all employee are hired based on the department budget salary if not then employees would not be properly paid and they would have to get money from another departments budget and then that department would be out that extra money and that department may be ok with employee salary but may need supplies and that would affect being blue to treat patients. It's always important to stay with in budget and plan ahead because you never know what can happen and what you may need