NURS FPX 6216 Assessment 3 Budget Negotiations and Communication

NURS FPX 6216 Assessment 3 Budget Negotiations and Communication

3.Training was another issue the organization faced, as the lack of training affected the standard of care and turnover due to a lack of satisfaction with their work. Comprehensive training can help the newly hired and skilled staff enhance their training and utilize cross-functional teams to manage the infection rate patient outcomes, fostering positive interpersonal collaboration.

However, there are certain uncertainties with the strategic planning for fiscal success, as changes in market volatility and economic conditions can impact how much budget the organization can put into the change. Similarly, other factors that can raise concern are the industry’s ever-changing trends, regulatory compliance changes and strict requirements, and the impact of technological advancements on the standards of care.

Plan for Staff Productivity Goals

Patient-centered care relies heavily on employee productivity because it keeps staff members enthusiastic about learning and working together to benefit patients. In contrast, low productivity raises the risk of infections and complications and encourages defensive approaches to care (Kara Ferris et al., 2021). Therefore, it is essential to keep the staff productive by improving the working environment and providing staff facilities to help them feel valued. Staff productivity can be enhanced through the following:

Feedback loops:

The feedback loops can help the organization take the opinions and feedback from the staff and understand the difficulties they face from the staff’s perspective. With low staff retention, the workload is a significant factor that requires attention (Ghani et al., 2022); therefore, taking feedback and hiring new people to ensure that the nurse-to-patient ratio is improved will help the organization bring productivity within the staff by dividing the workload.

Stakeholder Awareness:

Providing awareness to all the stakeholders regarding the changes in the working dynamics, such as appraisal, performance-based evaluation, and revised salaries, should be shared to help the staff feel connected within the organization. Similarly, evaluating workload patterns and identifying areas for improvement, such as improvement in patient flow, task allocation, and staff scheduling, can help improve staff retention.

Monitoring the progress:

Any plan works when modification and evaluation become a continuous process. Thus, for the changes to provide effective results, it is essential to have a continuous cycle of feedback that allows staff to become apt to the changes.

Alternative approaches, such as outsourcing and mandatory overtime, were rejected for their practicality. Outsourcing may reduce labor costs but also reduce the quality of care and staff morale due to job insecurity. Similarly, mandatory overtime can increase fatigue and job dissatisfaction, lead to compliance issues, and strain the employee-employer relationship.

Justification of Equipment and Service Costs

Budgeting the essential utilities and expenses for successful operations can help allocate resources. One of the significant expenses after the employee’s salaries, compensation, and appraisal is utilities, medical supplies, and medication, which require the maximum budget allocation. Proper allocation of resources can help businesses better manage their budgets and allocate funds where they will have the most significant impact (Xi et al., 2023). Furthermore, the amount allocated to medical supplies was associated with technology, machine maintenance, and medication provision, which is essential for patient-centered care.

NURS FPX 6216 Assessment 3 Budget Negotiations and Communication

Similarly, in regards to the services, hygiene management, maintenance, and training expenses were equally high, as it is one of the significant aspects of reducing turnover and providing patient-centered care. All of these can be achieved by developing strict policies for the maintenance of standards, which can quickly help generate revenue. Research has highlighted that working on services and equipment maintenance can help in patient-centered care associated with having better facilities within the organization and increasing the sense of belonging among the staff members (Edgman-Levitan & Schoenbaum, 2021). Moreover, it relies on the assumption that equipment maintenance can help provide better working machinery. In contrast, this service expense can help increase staff motivation to work with patients.

Link Between the Organization’s Mission and the Project

The project aims to align with the organization’s mission to provi