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Jaya Sukumar R.N.,BSc In Nursing ( Aust ) . NEW STRATEGIC MANAGEMENT. What Is Strategic Management?. Is not a task, but rather a set of managerial skills, responsibilities that should be used throughout the organization, in a wide variety of functions. Strategic management.
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Jaya Sukumar R.N.,BSc In Nursing ( Aust ) NEW STRATEGIC MANAGEMENT
What Is Strategic Management? • Is not a task, but rather a set of managerial skills, responsibilities that should be used throughout the organization, in a wide variety of functions.
Strategic management • It is the process of specifying the organization's mission, vision and objectives. • developing policies and plans, (which are designed to achieve these objectives) • allocating resources to implement the policies and plans, projects and programs
Strategic management Strategic management is crucial for individual and organizational success in today's challenging global environment.
Steps in strategic management • enable an organization to achieve its long-term objectives • Planning • Implementation • Evaluation
Strategy formulation/planning • Perform a situation analysis • Set the objectives • Do the planning
Strategy implementation • Allocation and management of sufficient resources • Establishing a chain of command or some alternative structure • Assigning responsibility of specific tasks or processes to specific individuals or groups
Strategy implementation • manage the process. • monitoring results • comparing to benchmarks and best practices • evaluating the efficacy and efficiency of the process
Strategy implementation • Involves • acquiring the requisite resources, • developing the process, • training, • documentation, • integration with current practices
Strategy evaluation • SWOT analysis • Strengths • Weakness • Opportunities • Threats
Strategy evaluation • Suitability (would it work?) • Feasibility (can it be made to work?) • Acceptability (will they work it?)
Relevance to nursing • How relevant is this in nursing? • Of course it is relevant in nursing since we are also working in organizations • To be put into practice – we must have leadership skills since the planners of strategic management are all managers / leaders
What is leadership? Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more coherent and cohesive
Leadership – current theory process in which leaders are not seen as individuals in charge of followers, but as members of a community of practice it makes the followers want to achieve high goals rather than simply bossing people around.
Leadership in relation to nursing nursing requires strong, consistent and knowledgeable leaders, who are visible, inspire others and support professional nursing practice.. leadership plays a pivotal role in the lives of nurses. [The Canadian Nurses Association Position Statement (2002)]
Tips for expert leadership Identify one’s core values Must stay true to one’s values and lead in a consistent way Incorporating the American Organization of Nurse Executives (AONE) competencies, Shirey 2001)
Tips for expert leadership Create a vision and engage others in the vision leaders should identify a clear vision of a desired future and guide leadership practice
Tips leader must focus on building solid relationships that require effective communication skills and investment in people
Tips Be a change agent and advocate for innovation
Tips Build community and create joy in the work place – leaders should create organizational cultures of caring, respect and dignity for all. To sustain a positive workplace for all, leaders should personally model a sense of balance between work and play and humour and seriousness
Tips Invest in the growth and development of people create an environment that supports coaching and lifelong learning nurtures the growth and development of individuals, enhances the value of organizations and raises the bar of performance
Tips Lead with passion, determination, sense of discovery and commitment to self-discipline a leader with passion can energize others to achieve results that others might not think of being possible
Tips Hire the right people leaders must hire and the best and the brightest to build an effective team. Once hired the leader must let them do their jobs to the best of their abilities
Tips Share power and decision-making a leader’s most important character traits are humility, the ability to listen to others and the willingness to give up power (empowerment)
Tips Ensure accountability accountability also involves the generosity to reward and recognize those who contribute towards achieving the expected outcomes
Being a role model leaders must be good role models for their employees leaders who expect dedication from their staff but are unwilling to commit at an equal or greater level will yield negative consequences and achievement will be significantly impaired.
Communication good communication ensures that tasks are understood, supervised and accomplished communicate not only with his/her workers but also his/her seniors and other key people Employees have to be kept informed, informed not just of a particular decision, but also of the reasons why that decision has been made
Collaboration heads of different units co-operate and collaborate for effective functioning
Interpersonal relationship good interpersonal relationship - better quality of work and productivity
Knowledge of the work process leader should be technically proficient. He/she must know his job as well as have a solid familiarity with the employees’ tasks
Non-interfering hospital personnel had the highest rate of job satisfaction when managers applied the non-interference method
Fairness towards staff Unfair assessments and unjust rewards would contribute to unhappiness among the staff one of the factors influencing employee commitment was fairness at work (including pay). (Fletcher 2001)
Development of personnel The development of the skills and knowledge, which the staff need, is an important aspect of the functions of the clinical nurse manager
Recognition The employee should be encouraged by the manager and attention drawn to successes, however small. Let us not take things for granted Give appreciation where it is due
Empowerment if the staff are empowered by their leaders to make decisions, the staff may be more motivated and committed in their work due to the trust held by their leader.
Motivation at the heart of good management and goes beyond praise for good work Important to create the conditions in which team members are motivated