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Interview A Leader Of Your Choice Who Has Experience With Creating And Managing Budgets, And Write A 3-5 Page Analysis Of Your Findings From The Interview.

Interview A Leader Of Your Choice Who Has Experience With Creating And Managing Budgets, And Write A 3-5 Page Analysis Of Your Findings From The Interview.

  • Interview a leader of your choice who has experience with creating and managing budgets, and write a 3-5 page analysis of your findings from the interview.
    Note: Complete the assessments in this course in the order in which they are presented.
    Business acumen, including financial management skills, is a key competency for nurse leaders, and a primary responsibility for many is the development and management of operating and capital budgets.
  • Your analysis should be 3–5 pages in length, not including the title page and reference page.
  • Portfolio Prompt:
  • Competencies Measured
    By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
  • Competency 2: Develop a plan for managing the labor force, within the parameters of the budget and productivity.
    • Evaluate a nurse leader’s approach to budget management.
  • Competency 3: Develop a capital budget.
    • Compare the process of managing an operating budget to that of managing a capital budget.
  • Competency 4: Determine the equipment and services needed to maintain seamless patient or client care.
    • Describe the process of allocating resources for labor, equipment, and services.
  • Competency 5: Apply financial principles to a strategic plan for achieving organizational goals and fiscal success.
    • Describe an effective approach that contributes to planning for profitability and fiscal success.
  • Competency 6: Communicate effectively with diverse audiences, in an appropriate form and style, consistent with applicable organizational, professional, and scholarly standards.
    • Write clearly and concisely, using correct grammar and mechanics.
    • Integrate relevant and credible sources of evidence to support your assertions, correctly formatting citations and references using APA style.

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