NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget

Grand Canyon University NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget-Step-By-Step Guide

This guide will demonstrate how to complete the Grand Canyon University NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget assignment based on general principles of academic writing. Here, we will show you the A, B, Cs of completing an academic paper, irrespective of the instructions. After guiding you through what to do, the guide will leave one or two sample essays at the end to highlight the various sections discussed below.

How to Research and Prepare for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget                           

Whether one passes or fails an academic assignment such as the Grand Canyon University NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget depends on the preparation done beforehand. The first thing to do once you receive an assignment is to quickly skim through the requirements. Once that is done, start going through the instructions one by one to clearly understand what the instructor wants. The most important thing here is to understand the required format—whether it is APA, MLA, Chicago, etc.

After understanding the requirements of the paper, the next phase is to gather relevant materials. The first place to start the research process is the weekly resources. Go through the resources provided in the instructions to determine which ones fit the assignment. After reviewing the provided resources, use the university library to search for additional resources. After gathering sufficient and necessary resources, you are now ready to start drafting your paper.

How to Write the Introduction for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget                         

The introduction for the Grand Canyon University NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget is where you tell the instructor what your paper will encompass. In three to four statements, highlight the important points that will form the basis of your paper. Here, you can include statistics to show the importance of the topic you will be discussing. At the end of the introduction, write a clear purpose statement outlining what exactly will be contained in the paper. This statement will start with “The purpose of this paper…” and then proceed to outline the various sections of the instructions.

How to Write the Body for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget                         

After the introduction, move into the main part of the NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget assignment, which is the body. Given that the paper you will be writing is not experimental, the way you organize the headings and subheadings of your paper is critically important. In some cases, you might have to use more subheadings to properly organize the assignment. The organization will depend on the rubric provided. Carefully examine the rubric, as it will contain all the detailed requirements of the assignment. Sometimes, the rubric will have information that the normal instructions lack.

Another important factor to consider at this point is how to do citations. In-text citations are fundamental as they support the arguments and points you make in the paper. At this point, the resources gathered at the beginning will come in handy. Integrating the ideas of the authors with your own will ensure that you produce a comprehensive paper. Also, follow the given citation format. In most cases, APA 7 is the preferred format for nursing assignments.

How to Write the Conclusion for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget                         

After completing the main sections, write the conclusion of your paper. The conclusion is a summary of the main points you made in your paper. However, you need to rewrite the points and not simply copy and paste them. By restating the points from each subheading, you will provide a nuanced overview of the assignment to the reader.

How to Format the References List for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget                           

The very last part of your paper involves listing the sources used in your paper. These sources should be listed in alphabetical order and double-spaced. Additionally, use a hanging indent for each source that appears in this list. Lastly, only the sources cited within the body of the paper should appear here.

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Sample Answer for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget

Re: Topic 3 DQ 1

According to the American Nurses Association (ANA), nurse leaders are defined by their actions and not positions of authority. Nursing leaders inspire and influence others to attain their maximum abilities and potential. Nurse leaders have several responsibilities in development of budgets in their units. Nurse leaders review budgets from the past and analyze current trends that may affect the budgeting process. Imperatively, they identify budgetary items and the sources of the resources required to fulfill the different aspects in their operations (Grossi et al., 2020). Nurse leaders participate in budgeting at different stages that include the planning process, identifying the sources of income, making the personnel budget and in supply and equipment aspects. This implies that nurse leaders take critical functions in the financial planning and the governing process to ensure that their facilities attain the expected performance rates. Through their roles in the budgeting process, nurse leaders act as the link between the management strategies and the performance of the organization’s personnel.

While the nurse leaders have different responsibilities in the development of the budget, the most important of these is the planning process as it entails the different areas where the budgetary allocations will be utilized to attain expected care (Sharma et al., 2020). The budget planning process is a critical initial stage of management that allows nurse leaders to assert their influence as they identify priority areas for effective care delivery and attainment of quality patient outcomes. The planning responsibilities means that what the nurse leader proposes is implemented through a coordinated and collaborative effort. In this case, it implies that nurse leader develops a critical approach to the budget process and determines the resource needs of their practice setting.

References

American Nurses Association (2023). Financial Management in Nursing: Enhancing Leadership

Skills. https://www.nursingworld.org/resources/individual/nurse-managers/nursing-financial-management/

Grossi, G., Ho, A. T., & Joyce, P. G. (2020). Budgetary responses to a global pandemic:

International experiences and lessons for a sustainable future. Journal of Public Budgeting, Accounting & Financial Management, 32(5), 737–744. DOI: 10.1108/JPBAFM-12-2020-189

Sharma, U., & Frost, D. (2020). Social capital and the budgeting process: a study of three organizations. Accounting Forum, 44(4):376-397. DOI:10.1080/01559982.2020.1777637

Sample Answer 2 for NUR 621 Discuss the responsibilities that a nurse leader has when it comes to development of the budget

A nurse leader’s most significant responsibility is providing safety for staff and patients in their department. To accomplish this responsibility, the nurse leader must create an efficient budget and organize the team with appropriate staffing. A unit budget becomes the center of the nurse leaders’ work and department accountability (Fast & Rankin, 2018). Nurse leaders must be disciplined in their thinking and practices when creating staffing schedules and staying within the organization’s guidelines. Unfortunately, as inpatient census numbers and patient acuities vary, staffing tends to be a moving target. Managing staffing also involves challenges such as new staff orientation, turnover, unforeseen medical leave, vacation requests, and sick leave, which affect the balancing of FTEs. For nurse leaders who manage departments in a hospital setting, a large portion of the leader’s daily work involves adjustments to the schedule and balancing staffing. Nurse leaders who provide good communication and a positive work environment show increased job satisfaction from staff and an overall increase in quality of care, patient safety, and patient outcomes (Fast & Rankin, 2018). With tightening budgets across healthcare systems, the ability to be efficient while reducing costs becomes extremely important to an organization’s success (Leger, 2021). As part of the budgeting process, the nurse leader must understand the difference between fixed costs, such as the staffing budget, and variable costs that vary depending upon the unit census and acuity of patients. When creating a staffing budget, the nurse leader must consider staff productivity and non-productivity times, such as education and meeting hours. Communication and transparency are crucial to developing a budget that works for the nurse leader and their staff.

References:

Fast, O., & Rankin, J. (2018). Rationing nurses: Realities, practicalities, and nursing leadership theories.  Nursing Inquiry, 25(2), 1. https://doi-org.lopes.idm.oclc.org/10.1111/nin.12227

Leger, M. (2021). Financial management for nurse managers: Merging the heart of the dollar (5th ed.). Jones and Bartlett. ISBN-13: 9781284230932