Leadership And Economic Models Discussion

Leadership And Economic Models Discussion

Students are required to submit weekly journal entries throughout the course. These reflective narratives help students identify important learning events that happen throughout the course and the practicum. In each week’s entry, students should reflect on the personal knowledge and skills gained.

Write a reflection journal (250-300 words) to outline what has been discovered about your professional practice, personal strengths and weaknesses, and additional resources that could be introduced in a given situation to influence optimal outcomes. Each week there will be a specific focus to use in your reflection. Integrate leadership and inquiry into the current practice. Please make sure to address all areas in your writing.

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Topic Focus: Leadership and Economic Models

While APA style is not required for the body of this assignment, solid academic writing is expected.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance Leadership And Economic Models Discussion

Throughout my learning practicum, I have identified the crucial role of leadership in influencing the quality of patient care and organizational performance. Organizational performance and improved patient care are determined by how leaders treat their employees. Leaders who respect, value, support, and care for staff members are assured of commitment that improves patient outcomes (Kline, 2019). A significant skill I have built on and has become a key strength is inclusion in several leadership roles I have had to play during the course. Inclusion is when leaders involve staff members in the decision-making process. Incorporating inclusion in leadership contributes to employees feeling valued, respected, appreciated, and equitable treatment. An inclusive environment encourages open communication, which improves job satisfaction. I also identified a weakness when deploying a dictatorship leadership style as employees lack the freedom to express themselves. I also identified applying a transformational leadership style in different situations that help achieve optimal patient outcomes.

Transformational leadership is an approach where a leader’s attributes and behavior help empower and motivate the subordinates (Collins et al., 2019)Leadership And Economic Models Discussion. For example, a leader can ensure they always observe hand hygiene which their associates will follow to prevent hospital-acquired infections. I have also learned the crucial role of applying economic models during decision-making, especially when resources are inadequate. To ensure optimal outcomes, leaders must explore different economic models with synthesized evidence to help identify and implement cost-effective prevention and treatment approaches. Additionally, I have identified the implications of deploying various financial decision models in implementing prevention and treatment approaches that are effective and cost-effective.

References

Collins, E., Owen, P., Digan, J., & Dunn, F. (2019). Applying transformational leadership in nursing practice. Nursing Standard, 35(5), 59-66. https://doi.org/10.7748/ns.2019.e11408

Kline, R. (2019). Leadership in the NHS. BMJ Leader, 3(4), 129-132. https://doi.org/10.1136/leader-2019-000159 Leadership And Economic Models Discussion