It is important for health care managers to understand how important their decisions are for purchasing new equipment or opening new services. They must refer the contracts to the administrative team once they have reviewed them. As the CEO I would sit with the CFO and the DON, and we would review the proposals presented by each department director and help to make decisions on what we would present to the board in our strategic planning session. Class, what are your thoughts on the importance of good planning before your strategic planning session? Explain