Leadership Plan for Closing the Identified Gaps for the Department MHA FPX 5012 Assessment 3 Financial Management
Leadership Plan for Closing the Identified Gaps for the Department
It is compulsory for organizational success to address leadership intervals, as exposed to self -assessment done during previous analysis. A significant differences have been a lack of motivation among nurses to participate in leadership education and training programs. Strong leadership skills among nursing managers are important for maintaining optimal hospital’s financial results (Larman, 2018). The purpose of leadership planning aims to increase leadership skills between nurses and officials, and promote the culture of cooperation and effective problem solving (Pederson, 2018). Compulsory leadership training will increase adaptation and help achieve organizational goals.
Evidence-Based Strategies for Effective Team Leadership to Achieve Financial Goals
Understanding organizational culture and strategic direction is important to improve the leader’s efficiency and achieve financial goals. Initiatives such as upgrading the lighting system to reduce the cost of maintenance and implement team -based prices promotes a favorable environment to achieve financial goals (Grash et al., 2021). Transformative leadership styles, characterized by passion, sympathy, innovation and risk taking, are effective in increasing the results of the team and the patient’s satisfaction, which improves financial results (Cabral, 2019). The frequent application of nursing management skills facilitates budget plan, promotes teamwork and reduces costs for non-work, eventually matching the organization of organizational goals with financial results (Beitez, 2019).
References
Benitez, J. M. (2019). PERIODENT SUCCESS RISIS: A cross -individual study of clinical realities and strategies for academic nursing. Nursing Economics, 37 (4), 179–197. Cabral, A., Oram, C., and Allum, S. (2019). Development of nursing management talent – NHS for South and East -England learns from nursing management. Nursing Management Journal, 27 (1), 75-83. Grash, A., Luffev, S., Thamilselvan, V., Batch Age, A., Mermer, J., Jacks, K., … and Warren, N. (2021). Learning Service in Public Health Nursing Education: How Covid ’19 Quick Community Ed Academic Participation. Public Health Nursing, 38 (2), 248-257. Larman, C., and Jameson, J. L. (2018). Leadership development in medicine. The New England Journal of Medicine, 378 (20), 1862. .https://www.hfmmagazine.com
