From a nurse perspective respond to each classmate’s post with 100 words APA format and in cite text. Use at least 1 peer reviewed journal as references. Be respectful and courteous.

Response#1

Leticia

Here are definitions of both management and leadership that I found interesting and very relevant to what these words mean.

Management- “A responsible manager is not limited to the ‘ecologist’ connotation perceived sometimes when sustainable development is evoked, but includes ethical notions of social responsibility and corporate social and environmental responsibility, sustainable development (in its entirety), long-term performance, socially responsible investments, equity, diversity, management in complexity” (Nonet, 2016, pg. 719)

Leadership- “It really became clear that being a leader meant being a skilled practitioner of relationships,” he said. “Being able to be in authentic relationships and show up in a way that could be trusted and relied upon by other people.” (Prokopeak, 2018, pg. 34). I truly liked this definition of leadership.

In my opinion leadership and management are completely different. Although you must have leadership to be in management, not every leader is a manager. Leadership is seen in people in administration and management but it is also seen in people in general. I’ve seen leaders amongst nurses that I work with, I’ve seen it amongst NA’s, I’ve even seen in it in a group of people planning a party or project. There are people who just have or acquire these leadership skills throughout life. Anyone can be recognized as a leader no matter where they are or what situation they are in. I feel that leadership is more important than management. If you have a leadership than you don’t necessarily need management. If you have management though they have to have leadership skills or they will fail. I think that it is very important for novice nurses and administration to learn management skills and leadership. This is a very important skill to have in the field of healthcare. In any situation you may have or any skill set you are in you may have to take leadership, take charge, and when prepared it is a lot easier to handle and have good outcomes.

An example that I can think of as a leader that really doesn’t have anything to do with healthcare is Oprah Winfrey. I chose her because she fits the exact definition and criteria of a leader. She is authentic. She is able to gain the trust of people. She uses her story to help other people. She uses her knowledge and what she’s been through to motivate her and help her become a stronger leader. If she created a movement most of the country would follow her. Just some of the many traits of leadership!

Nonet, G., Kassel, K., & Meijs, L. (2016). Understanding Responsible Management: Emerging Themes and Variations from European Business School Programs. Journal Of Business Ethics, 139(4), 717-736. doi:10.1007/s10551-016-3149-z

Prokopeak, M. (2018). BUILDING THE LEADER OF THE FUTURE. Chief Learning Officer, 17(3), 34-38.

Response #2

Hans

Leadership is a quality of influencing people, so that the objectives are attained willingly and enthusiastically. It is not exactly same as management, as leadership is one of the major element of management. Management is a discipline of managing things in the best possible manner. It is the art or skill of getting the work done through and with others. One of the major difference between leadership and management, is management is for formal and organized group of people only, whereas leadership is for both formal and informal groups. The skill of leading a group of people and inspiring them towards a direction is known as Leadership. It is an interpersonal process which involves influencing a person or a group, to ensure achievement of objectives, willingly and enthusiastically.

It is not a lesson to be taught, but a quality which is possessed by only a few number of people. The person who owns this quality is known as a leader. A leader is someone who has many people following him, as their inspiration. Leadership is a virtue of leading people through encouraging them. Management is a process of managing the activities of the organization.

Leadership requires trust of followers on his/her leader. Unlike Management, which needs control of manager over its subordinates. Both management and leadership play and important role in the field of nursing. Leadership and Management are inseparable in nature, if there is management, there is leadership. In fact, the qualities of a manager require leadership skills to inspire their subordinate. In nursing, you can see both management and leadership. There is a manager in a department and a number of leaders who work with their teams in assisting the organization in the accomplishment of their goals.

Reference

Surbhi, S. (2015) Difference Between Leadership and Management. Retreieved from keydifferences.com/difference-between-leadership-and-management.html

Popovici, V. (2012). “Similarities and Differences Between Management And Leadership,” Annals – Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 126-135,

• Analyze the main reasons why a company might prefer a foreign currency option over a forward contract in hedging a foreign currency firm commitment. In contrast, analyze the main reasons why a company might prefer a forward contract over an option in hedging a foreign currency asset or liability. Determine the option (i.e., a foreign currency option or a forward contract) that you consider to be more effective. Provide a rationale for your response.
• Assume that all the companies in the world use International Financial Reporting Standards (IFRS). Determine at least two (2) obstacles to the worldwide comparability of financial statements, and provide one (1) strategy to overcome the obstacles in question. Provide support for your rationale.

Complete the following homework scenario:

• Bob and Lisa are both married, working adults. They both plan for retirement and consider the $2,000 annual contribution a must.

  First, consider Lisa’s savings. She began working at age 20 and began making an annual contribution of $2,000 at the first of the year beginning with her first year. She makes 13 contributions. She worked until she was 32 and then left full time work to have children and be a stay at home mom. She left her IRA invested and plans to begin drawing from her IRA when she is 65.

  Bob started his IRA at age 32. The first 12 years of his working career, he used his discretionary income to buy a home, upgrade the family cars, take vacations, and pursue his golfing hobby. At age 32, he made his first $2,000 contribution to an IRA, and contributed $2,000 every year up until age 65, a total of 33 years / contributions. He plans to retire at age 65 and make withdrawals from his IRA.

  Both IRA accounts grow at a 7% annual rate. Do not consider any tax effect.

• Write a two to three (2-3) paragraph summary in which you:
  • Create a chart summarizing the details of the investment for both Bob and Lisa.
  • Explain the results in terms of time value of money.

I suggest using a three-ring binder to store your journal entries after they have been read and graded. Each journal entry should contain several paragraphs, written in your own words, and should conform with the following format:

Journal Format

Author ______________________ Reading Title ________________________

Your Name ___________________ Date ______________________________

1. Summary

• Write from memory, noting what you recall as the main ideas of the reading.

1. Integration

• In your own words, how does this reading “connect” (amplify, contradict, substantiate, etc.) to other information about this topic? The other information may be in the form of other readings, news stories, or images of the police portrayed in popular culture.
• What do you see as the implications of the ideas covered in the reading?

1. Application

• How can you use the information in this reading?
• Does the reading change your view of some aspect of policing? Explain.
• If you think there is no application for the material, say so. However, provide a rationale for your position.

1. Evaluation

• Describe your reaction to the reading (like, dislike, etc.). Why?
• Who is the appropriate audience for this reading? Why?
• What would make the reading more useful?

5. Essay question

• Create an essay question based on the reading that requires critical thinking (comparing, analyzing, evaluating, critiquing, justifying, etc.). The question should be capable of being answered by someone who has read this and earlier readings in our class.

We will use the journal entries in class as a catalyst for reflection, making connections among ideas and topics, and as a means of demonstrating knowledge of concepts, ideas and important points.