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Time management
Another part of planning is short term planning. Short term plans involve a period of
1 to 3 years and are usually less complex than strategic or long range plans. Short
term planning may be done annually, bimonthly, weekly, daily, or even hourly.
Time is equally important resources. Time management in making the optimal use
of time. Because time is a finite and valuable resource, learning to use it wisely
requires both leadership skills and management functions. The leader-management
must initiate an analysis of time management on the unit level. It involves members
and gain their cooperation in maximizing time use, and guide work to its conclusion
and successful implementation.
Three basic steps to time management
The first step requires that time be set aside for planning and establishing priorities.
The second step entails completing the highest priority task, wherever possible and
finishing one task before beginning another. In the final step, the person must
reprioritize what task will be accomplished based on new information received.
Because this is a cyclic process, all three steps must accomplished sequentially.
Managers who are new to time management may underestimate the importance of
regular planning and fail to allot enough time for it.
Taking time to Plan
Daily planning is essential if the manager is to manage by efficiency rather than by
crisis. The old adage fail to plan is timeless. Without adequate planning, however,
the manager finds it difficult to get started and begins to manage by crisis.
Planning takes time. It requires ability to think, analyze data, envision alternatives,
and make decisions. Setting aside time at the beginning of each day to plan the day
allows the manager to spend time on high priority task.
Priority setting and procrastination
Vacarro (2001) suggest that there are five priority settings. The first is whenever
hits first. This trap occurs when an individual simply responds to things as they
happen rather than thinking first and then acting. The second trap is the path of
least resistance in this trap, individual makes an erroneous assumption that it is
always easier to do a task personally and fails to delegate appropriately. The third
trap is the squeaky wheel the individuals falls prey to those who are most vocal
about their urgent requests. Managing by default, individuals feels obligate to take
on task not his own. Waiting for inspiration, wait before becoming inspired.
3 categories of prioritization:
1. Dont do- outdated
2. Do later- do not have immediate deadlines, may be procrastinated
3. Do now- day to day operational needs
Chapter 7
Operational and strategic planning
Panning precedes all other functions
Planning- deciding in advance what to do. Who is to do it and how and where it is to
be done
-should be purposeful and proactive
4 planning modes
1.
2.
3.
4.
philosophy
goals
objectives
policies
Rules
Chapter 10
Fiscal planning
Budget- financial plan that estimates expenditures and revenues by an agent for a
stated future period
Fixed expenses- do not vary with volume
Controllable-expenses can be controlled or varied by the manager
Types of budget
1. Personnel budget
2. Operating budget
3. Capital budget
Budgeting methods
1. Incremental budgeting
2. Zero-based budgeting
3. Flexible budgeting
4. New performance budgeting
A budget that is predicted too far in advance is open greater than error
If the budget is shortsighted, compensating to unexpected major expenses or
capital equipment purchases may be difficult
Managers must justify that program or needs every budgeting cycle in zero
based budgeting.
Chapter 12
Organizational structure
Organizational structure refers to the way in which a group is formed, its lines of
communication, and its means for channeling authority and making decisions
Formal and informal structure
1.
2.
3.
4.
5.
Line structures
Ad hoc design
Matrix structure
Service line organization
Flat designs
Stakeholders
-are those entities in an organizations environment that play a role in the
organizations health and performance or that are affected by the organization
Organizational cultures
-is the total of an organizations value, language, traditions, customs and sacred
cows
Shared governance
Refers to an organizational design that empowers staff nurses by making them an
integral part of patient care decision making and providing accountability and
responsibility in nursing practice
Magnet hospital status;
Is conferred by the ANCC on hospitals exemplifying well-qualified nurses executives
in a decentralized environment, with organizational structures that emphasize open,
participatory management.