Two posts are written in response to fellow learners’ post and are each between 100-150 words. Responses are substantive insightful and contain at least one reference.
As a doctoral prepared nurse, what are three key issues that Mary will have to address to immediately respond to these budget cuts? Provide your rationale. (SLO 3.1, CO 1, 3)
There are three significant issues that, as a leader, Mary must address to members of the company. Primarily, the organization workers should be reminded of the institution’s goals (Edwards et al., 2018). In cases of reduced finances that sustain a company, most members start to think of the coming failure. Mary should remind everyone that the organization will remain focused and work harder to achieve its targets despite the budget cut. Besides, she should direct for a change in the company’s financial plan. Since the organization will be affected, Mary and other executive members must make changes in the way they have been handling the finances. For instance, the company should minimize the costs for it to remain stable. Moreover, Mary can inform all employees that the company will slightly slash their salaries to maintain its produce and competitive nature. Furthermore, she should address the anticipated outcomes. Budget cuts can adversely affect the financial stability of an organization. As a leader, Mary should make employees understand that all the changes will benefit both employees and the company. When workers know that they must work harder to keep the company on track, they will remain focused and encouraged. Hence, in budget cuts, Mary and managing directors must act fast and knowledgeable about safeguarding the organization’s future stability.
Identify three key stakeholders that may be a support to Mary in addressing the budget cut issues. Provide rationale for your decision. (SLO 3.1, CO 1, 3)
The executive members that the chief leader of a company involves in decision-making should be selected vigilantly because they significantly impact its future progress. For Mary, I propose that she involves her deputy, the head of finance, and the operational manager. When these leaders are concerned, they will feel the company’s burden because they are its key pillars. Additionally, their opinions will not be so divergent from the issue since they understand the company well and know the need to bring up strategies to achieve its goal (Whitaker-Brown et al., 2019). By involving principal executive members in decision-making, Mary will show collaboration and unity among the prominent team members; hence the organization will remain stable.
Examine legal and ethical issues surrounding Mary’s predicament. Consider issues surrounding accreditation bodies, joint commission standards, national and local staffing regulations, state board requirements, and current or projected population health care needs. Discuss your findings. (SLO 3.1, CO 1, 3)
The present healthcare organizations face challenges that give the various health facility leaders a limited time keeping their organizations on track. Besides, the main challenge is reimbursement (Dellabadia, 2018). The United States is focusing on cutting the costs of medical management bodies. Public health institutions are expensive to maintain hence are draining a lot of money from the country. It is difficult for the head of a health facility to continue delivering quality services in the absence of enough money required for its smooth running. For instance, commission standards, staffing regulations, and population health care departments state that nurses are responsible for scarce resources in an institution (Meier et al. 2017). Further, state board requirements and Accreditation Commission for Education in Nursing (ACEN) advocate for impartiality and integrity. Hence, Mary has no control but organizes her team to respect the decision and maintain its moral standards.
Moreover, technology is also a hitch in healthcare organizations. Various new know-hows have emerged in the current medical industry. Besides, the changes vary from information systems to the introduction of specialized tools. These new techniques are expensive to purchase and use. Furthermore, the strategies require specialized facilities and employees. It is challenging for healthcare directors to equip themselves with diverse knowledge to understand and assess the new technologies and understand how they can implement them in their companies. However, due to limited financial support, it is often hard for them to embrace the new changes that can make their institutions grow. Thus, healthcare leaders find it inflexible to maintain their facilities’ reasonable standards and meet people’s health needs with technology changes.