Strategies for managing human and financial resources to promote organizational health.

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As a current or future nurse leader, you may be called upon to present to stakeholders and leadership about projects that you have been involved in or wish to implement. The ability to communicate a planand potential implications of not pursuing such a planto stakeholders effectively can be critically important in creating awareness and buy-in, as well as building your personal and professional brand in your organization. It is equally important that you know how to create compelling presentations for others’ delivery and ensure that they convey the same content you would deliver if you were the presenter.

You are encouraged to complete the Evidence-Based Practice: Basics and Guidelines activity before you develop the presentation. This activity consists of six questions that will create the opportunity to check your understanding of the fundamentals of evidence-based practice as well as ways to identify EBP in practice. The information gained from completing this formative will help promote success in the Stakeholder Presentation and demonstrate course room engagementit requires just a few minutes of your time and is not graded.

Demonstration of Proficiency

Competency 1: Explain strategies for managing human and financial resources to promote organizational health.
Explain how the interdisciplinary plan could be implemented and how the human and financial resources would be managed.
Professional Context

This assessment will provide you with an opportunity to sharpen your ability to create a professional presentation to stakeholders. In this presentation, you will explain the Plan-Do-Study-Act cycle and how it can be used to introduce the plan (P), implement the plan (D), study the effectiveness of the plan (S), and act on what is learned (A) to drive continuous improvement. By using this cycle, the stakeholders will have a tool and a proposal to expand on these ideas to drive workplace change and create improved processes to solve an interprofessional collaboration problem.

Scenario

In addition to summarizing the key points of Assessments 2 and 3, you will provide stakeholders and/or leadership with an overview of project specifics as well as how success would be evaluatedyou will essentially be presenting a discussion of the Plan, Do, and Study parts of the PDSA cycle. Again, you will not be expected to execute the project, so you will not have any results to study. However, by carefully examining the ways in which your plan could be carried out and evaluated, you will get some of the experience of the thinking required for PDSA.

When creating your PowerPoint for this assessment, it is important to keep in mind the target audience: your interviewee’s organizational leadership. The overall goal of this assessment is to create a presentation that your interviewee could potentially give in his or her organization.

Instructions

Please follow the Capella . If you need technical information on using PowerPoint, refer to .

Be sure that your plan addresses the following, which corresponds to the grading criteria in the scoring guide. Please study the scoring guide carefully so you understand what is needed for a distinguished score.

Explain an organizational or patient issue for which a collaborative interdisciplinary team approach would help achieve a specific improvement goal.
Summarize an evidence-based interdisciplinary plan to address an organizational or patient issue.
Explain how the interdisciplinary plan could be implemented and how the human and financial resources would be managed.
Propose evidence-based criteria that could be used to evaluate the degree to which the project was successful in achieving the improvement goal.
Communicate the PowerPoint presentation of the interdisciplinary improvement plan to stakeholders in a professional manner, with writing that is clear, logically organized, and respectful with correct grammar and spelling using current APA style.
There are various ways to structure your presentation; following is one example:

Part 1: Organizational or Patient Issue.
What is the issue that you are trying to solve or improve?
Why should the audience care about solving it?
Part 2: Relevance of an Interdisciplinary Team Approach.
Why is using an interdisciplinary team relevant, or the best approach, to addressing the issue?
How will it help to achieve improved outcomes or reach a goal?
Part 3: Interdisciplinary Plan Summary.
What is the objective?
How likely is it to work?
What will the interdisciplinary team do?
Part 4: Implementation and Resource Management.
How could the plan be implemented to ensure effective use of resources?
How could the plan be managed to ensure that resources were not wasted?
How does the plan justify the resource expenditure?
Part 5: Evaluation.
What would a successful outcome of the project look like?
What are the criteria that could be used to measure that success?
How could this be used to show the degree of success?

 

Sample Solution

Organizational health is dependent on the effective management of both human and financial resources. Here are some strategies to promote organizational health:

Human Resource Management:

  • Talent Acquisition: Attract and recruit top talent through effective recruitment strategies, competitive compensation packages, and a positive employer brand.
  • Employee Development: Invest in employee training and development programs to enhance skills, improve performance, and foster career growth.
  • Performance Management: Implement performance appraisal systems to evaluate employee performance, provide feedback, and identify areas for improvement.
  • Employee Engagement: Create a positive and supportive work environment that fosters employee engagement, job satisfaction, and loyalty.
  • Compensation and Benefits: Offer competitive compensation and benefits packages to retain top talent and attract new hires.
  • Diversity and Inclusion: Promote diversity and inclusion in the workplace to create a more innovative and equitable culture.

Financial Resource Management:

  • Budgeting: Develop and implement a comprehensive budget that aligns with organizational goals and priorities.
  • Cost Control: Monitor expenses and identify opportunities for cost savings.
  • Financial Reporting: Provide accurate and timely financial reports to stakeholders.
  • Risk Management: Identify and mitigate financial risks to protect the organization’s assets.
  • Investment Strategies: Develop investment strategies to ensure the organization’s financial sustainability.

Implementing the Interdisciplinary Plan and Managing Resources

The implementation of an interdisciplinary plan requires careful coordination and management of both human and financial resources. Here are some strategies:

  • Interdisciplinary Team Formation: Assemble a team of individuals with diverse expertise and skills to ensure that all perspectives are considered.
  • Role Clarification: Clearly define the roles and responsibilities of each team member to avoid confusion and duplication of efforts.
  • Communication and Collaboration: Foster open communication and collaboration among team members to ensure effective teamwork.
  • Resource Allocation: Allocate human and financial resources based on the needs of the project and the organization’s priorities.
  • Monitoring and Evaluation: Track progress towards project goals and make adjustments as needed.
  • Performance Measurement: Establish key performance indicators (KPIs) to measure the success of the project and evaluate the effectiveness of resource allocation.

By effectively managing human and financial resources, organizations can create a healthy and sustainable environment that fosters innovation, productivity, and success.

 

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