Leadership Styles Leadership And Management Skills

With a population that continues to live longer with chronic illnesses; it is likely that rapid, and dramatic changes will continue to occur in nursing as well as the health care industry. As the profession continues to grow, it will become increasingly important for the nurse to develop skills in both leadership and management roles (Marquis, B. L., Huston, C. J., 2017). For optimal functionality, a great leader most possess both leadership and management skills. Gadner (1990) asserted that integrated leader-managers possess six distinguishing traits. These include. 1) They think long term. 2) They look outward, toward the larger organization. 3) They influence others beyond their own group. 4) They emphasize vision values, and†¦show more content†¦Some examples observed were the leaders expressing how excited they were about the direction the company was taking regarding the responsibility of RNs. This was discussed in front of the RNs, The RNs were observed reacting in a positive way to the changes proposed. My belief is that it was the infectious way the leadership brought about the topic that made the RNs more receptive to the ideas. The way we communicate is the key to any successful relationship. This includes our work relationships as well. In observing the different leadership styles, I believe Democratic Leadership has the most respectful communication. In this style of leadership, the manager asks the staff to be involved in the decision making process, Although the manager still has the final say on an issue, the involvement of staff allows them to feel heard and valued. As the staff feels more valued, they will feel more loyal to the company and their job satisfaction will increase. These factors will all contribute to lower turnover rate for the organization with will then attract qualified applicants. There are many positive outcomes that are attributed to using the Democratic Leadership style. These include: A more positive work environment; because the staff feel more valued, they are more invested in their work. In this environment the staff and management work together to find solutions which results in less conflict over the final decision. Another benefitShow MoreRelatedEffectiveness Of Leadership Skills Styles At Team Level Management Position3100 Words   |  13 Pagesa variety of factors such as leader-follower relations, leadership styles and situational factors (Reynolds Rogers, 2003). An effective leader should also be flexible, innovative and wisely use his/her power statics to improve organizational performance (Crutchfield Roughton, 2013; Davidson, 2012; Norton, 2010). Based on these concepts, this report aims to explore the effectiveness of leadership skills styles at team level management position in maximizing team performance in Real Estate IndustryRead Mor eTime Management Assessment And Concepts1107 Words   |  5 Pages Time Management Norma Valdez-Rosa South University Online Time Management Time Management is a skill that is used to organize our time in order to accomplish the tasks at hand in an efficient and effective manner. Time management is a skill that is a very critical element for all nurses; it is about working smarter, not harder. Time management keeps us from wasting our time and being able to provide better care for our patients and help reduce stress. As nurses, being ableRead MoreNotes On Life Styles Inventory979 Words   |  4 Pages Life Styles Inventory Jameka S. Carter Ms. Hallcom 9/14/14 â€Æ' Life Styles Inventory Introduction Individuals possess different skills that have an impact on their thinking and management style. The style varies from individual to individual depending on their opinions, perceptions, thoughts, and skills. The Life Style Inventory is a tool, which can be used to analyze and evaluate the management and leadership skills of an individual. The LSI has different styles and individuals can rateRead MoreManagement And Leadership : Costa Coffee Shop Ltd1414 Words   |  6 PagesManagement and leadership Costa Coffee Shop Ltd Report Introduction In every corner of a successful organisation, management and leadership has a strong connection, cannot divide one from another because both has to complement each other in many ways. Many authors and theorists argued that management is completely different skill than leadership and others just insist that leadership is a skill of a management studies in which needed to be updated with the world permanent variables of globalisationRead MoreSkills And Style Survey : Walden University1178 Words   |  5 PagesWk2AssgnJLayman: Skills and Style Survey Walden University Ph.D. Public Policy and Administration â€Æ' Introduction This is an introduction to the Skills Inventory introduced in Chapter 3 of the textbook â€Å"Leadership: Theory and Practice† by Peter Northouse, a tool by which one can measure leadership strengths in three major skill areas, Technical, Human Conceptual (Northouse, 2016). An additional introduction is made to the Leadership Behavior Questionnaire, which measures the type of leadership behaviorRead MoreDifference Between Leadership And Management1438 Words   |  6 PagesIt seems leadership and management are used often in articles or conversations to mean the â€Å"same† style or same individual when using leader versus manager. However, there are just as many articles or conversations where there is a drastic difference between the two. I believe it could be seen as confusing because many individuals use both styles. The individual has to observe his or her followers, realize the work environment and have a clear understanding of the vision for the goal. Nevert helessRead MoreEssay about Participative Leadership Style1260 Words   |  6 PagesParticipative Leadership Style In providing leadership guidance to employees with the purpose to motive and influence employees, I would use the Participative Leadership Style. The Participative Leadership style addresses the improvements for increasing the productivity of employees as well as providing satisfactory to the employees. A leader can certainly appreciate the Participative Leadership Style because it is orientated to empower the employees by encouraging participationRead MoreLeadership : Leadership And Leadership1605 Words   |  7 PagesLeadership Examined There have been many great leaders down through history. Leaders that have influenced change throughout many aspects of society. Great leaders have great influence. The effectiveness of a leader is determined by his leadership style. With so many styles to choose from, and the fact that not one style fits all situations, becoming an effective leader is a challenging task. One reflective note is that it is important to cultivate good leadership skills. One must evaluate personalRead MoreThe Basic Functions Of Management1537 Words   |  7 PagesManagement Management is defined as the process of coordinating people, and other resources to achieve the goals of an organization. Management consists of a variety of things and very active job and duty. Management includes knowing basic management function, what types of managers there are, skill-sets required to be a manager, leadership quality, and decision making. Altogether these different sections are taken in a much broader perspective diving into the four main resources of managementRead More1. Introduction. This Assignment Will Be Focusing On Leadership1375 Words   |  6 Pagesassignment will be focusing on leadership styles plus the appropriate leadership style for the efficient running of a radiography department. Firstly, it’s important that we define what leadership is. According to Swanepoel (ed. 2014:385) leadership is the process by which a person exerts influence over other people and inspires, motivates and directs their activities to help achieve group and orga nizational goals. There are a range of leadership styles for effective management in different environments

An Essay About Irreversible And Its Effects On Life Essay

In the days following the in-person research, Patients continued to think about irreversible joint damage and its implications– namely, loss of mobility and independence. My take-away has been about thinking long-term. I want to live with as little damage to my body as possible. If I can prevent this, I will have peace of mind that I ve done, on my part, all I can – RA, NYC The thing that stuck with me was the reminder that any damage is irreversible – RA, NYC The main word that comes to mind is, irreversible. It was the one word everyone could relate to and it s a huge reality check. What I m dealing with is irreversible, there s no going back. The question is, what am I going to do to move forward – RA, NYC I’m thinking about Irreversible, Cannot be undone, Attack back, Future is now, Powerful ally – PsA, Dallas It affects every aspect of my life especially the emotional side of losing the ability to do the things that I once was able to do. I also continue to be very concerned about further damage to my body - RA, Dallas In addition to being sticky, irreversible joint damage is also a powerful call to action. Most Patients have already or plan to find out more about biologics by contacting their rheumatologists, finding out if their insurance will cover the cost, and learning more about the experiences of other treaters by asking around and doing online research. I now have a stronger sense of urgency as to the care of my PsA. I feel I really need to get itShow MoreRelatedWhy Assisted Suicide Should Be A Right For Everyone879 Words   |  4 Pagesfor suffer a great deal during my time as a paramedic. During that span I have wondered and questioned why someone of their own free will not choose to end their own suffering. Working in this environment gave me some insight as to what others felt about the subject. One quote that has always stood out to me is â€Å"People want the right to die at a time of their own choosing. Too many families have watched helplessly as a relative dies slowly, longing for death†. (Toynbee) Some Doctors and nurses areRead MoreThe Silent Pool, The Tell Tale Heart, And Things Fall Apart965 Words   |  4 PagesGooboora, The Silent Pool deals with the relationship of the Aboriginal people of Australia and colonialization, while The Tell-Tale Heart deals with an outsider’s effect on the main characterâ €™s subconscious. Things Fall Apart, however, is a mixture of both conflicts that were mentioned. Each of the three texts show how the outside negatively effects the inside. In the poem, Gooboora, The Silent Pool by Oodgeroo Noonuccal, it shows some aspects of the aftermath from colonialism in Australia and how it hasRead MoreTaking a Look at Climate Change1400 Words   |  6 PagesClimate change is a very real and prevalent issue in today’s society. So what can we do to stop it? Can we reverse the effects that have already taken place? This essay will address the issues of climate change, answer questions and talk about prevention. It is said that the Earth’s climate has been changing for the past century (State Government of Victoria, 2014). There is new found, stronger evidence that there have been increases in the average temperature across the globe and that the believedRead MoreHow The Constant Drilling For Oil And Extraction Of Minerals1672 Words   |  7 PagesIndigenous Beings and Animals: Furthermore, In â€Å"Oil Extraction and Indigenous Livelihoods in the Northern Ecuadorian Amazon† the article speaks about how the constant drilling for oil and extraction of minerals, constantly penetrates into the lives of indigenous people, undermining their lives and well being. This article proves my point that by the constant need to destroy our planet by extracting oil, the lives of those around it are being affected. Factors such as pollution and contamination asRead MoreAldo Leopold’S Essay â€Å"The Land Ethic† Was Published In1122 Words   |  5 PagesAldo Leopold’s ess ay â€Å"The Land Ethic† was published in A Sand County Almanac. The short paper confronts the imperfections in the most common approaches in preserving the environment. Leopold’s answer is to develop a new branch of environmental ethics to model humanity’s ever-changing relationship with the environment. Leopold observantly describes the history of ethics, the meaning of community with the land and why it’s appropriate to do so. Toward the end of the essay – as the reader is ready forRead MorePotiential Future Effects of Global Warming1834 Words   |  7 Pagesglaciers, rising sea level, severe storms, heavy flooding, reduced snowfall in the north and a severe drought in the south. It will also have a number of effects on the flora and fauna in the future. Scientists predict that global warming in the near future may cause a mass extinction of wildlife, affecting more than 1 million species, i.e. about a quarter of all kinds of currently known. W orld overheating causes significant changes in climatic conditions and it can damage sensitive ecosystems inRead MoreAn Emotional Bond Between Children And Their Caregivers Essay1562 Words   |  7 Pagesthe child will suffer from irreversible long term consequences. He also claimed that mothering is useless after this critical period, meaning that if the child does not form an attachment during this critical period he will unable to form an attachment later on in life. (Simplypsychologyorg, 2016) Main Body: Earliest form of evidence, case studies. However, small samples, heterogeneity and no opportunity to attach. The term â€Å"early adversity† is a broad concept. This essay will focus on children whoRead MoreShould Meat Be A Vegetarian?1566 Words   |  7 Pagesnutritionists now use a different model that weighs the risk of deficiency against the risk of excess. Before, nutritionists fixated on what the vegetarian diet was missing, instead of also cautioning people against the hazardous and possibly fatal effects of eating meat. This newer model more accurately depicts vegetarians as having fewer health risks and more health benefits than individuals who eat meat. While good nutrition is simple to maintain, there are precautions that vegetarians must takeRead MoreThe Death Of The Moth And The Sixth Extinction?1647 Words   |  7 Pagesanimals, and vivid imagery to accompany it. There are many differences between the two essays, especially regarding matters such as voice, tone, and the intended audience, there is a larger similarity in how both essays approach their common subject with imagery. I suggest, that because of the overwhelming presence of imagery, despite differences in other rhetorical strategies, both Woolf and Kolbert’s essays show a deeper understanding of how to emotionally draw in readers, and that quality of excellenceRead MoreEffects Of Deprivation And Privation Of A Maternal Attachment On Orphans1568 Words   |  7 Pages This essay will look at research into the effects of deprivation and privation of a maternal attachment on orphans in both Romania and around the world. Attachment is the emotional tie to a parent that an infant experiences, giving the child security. It develops gradually to the primary care giver and is important for survival (Boyd Bee, 2009). In some cases children may experience a disruption of this attachment which is known as deprivation (Key Book Ref). Bowlby’s (1965) maternal deprivation

How Does Priestly Present Birling in Act One and Two Free Essays

Birding is presented as very smug and egotistical when Priestly uses the stage directions ‘confidently’ and ‘laughs complacently. These show Birding is not afraid to show his importance and status. It also shows his arrogant nature that emphasizes he wants to dominate the situation, yet when the inspector arrives he loses his authority. We will write a custom essay sample on How Does Priestly Present Birling in Act One and Two or any similar topic only for you Order Now ‘Complacently’ shows he thinks other people with a lower status are stupid and unimportant. Priestly wants the audience to see Brings inflated opinion of himself and show Birding is the opposite of Priestly moral. Birding especially expresses his self- righteousness to the Inspector when he says ‘l don’t see that its any concern Of yours how I choose to run my business’. This shows that Birding thinks he is higher class and more important than the Inspector and he therefore is not worthy of an opinion. It also shows Birding does not like to be challenged so will show off to prove he is better and assert authority. Birding is revealed to be very selfish and have no understanding of community this is shown when e says ‘a man has to make his own way’. This shows Birding is only worried about himself and his money. It also conveys his lack of empathy towards those not as fortunate as him. Brings selfish philosophy conflicts with Priestly message about responsibility and community which is empathetic by the doorbell. The doorbell gives the audience a clue of what the moral of the play is. Priestly uses dramatic irony to show that Birding is patronizing and as an archetypal capitalist Birding looks down on others. He says ‘that’ll have ergot all these capitalist versus labor agitations and all these silly little war scares’. It displays that Birding thinks that Labor are just lower class people that don’t know what they’re talking about. Also Brings narcissistic attitude emphasizes his lack of empathy like how he doesn’t see his employees as people but just cheap labor. Priestly uses dramatic irony to make the audience suspicious of Brings judgment and wonder what else he could be wrong about. In Act Two Birding is shown to be very arrogant when e says ‘l protest against the way in which my daughter, a young unmarried girl is being dragged into this’. This implies Birding is more caring towards Sheila than Eric. This is because Sheila is marrying a rich, respectable man that can be bring good to Brings business whilst Eric isn’t doing anything to help Birding make money. ‘Unmarried girl’ suggests Birding feels a woman is not strong without a man by her side and see’s women as something to make his life more comfortable. In conclusion I think Priestly presented Birding in n exaggerated way that would show the audience what he thinks the world is like. Priestly is showing that he thought the people of 1 912 needed to learn to become a community and be responsible for each other as a war and other horrors is coming soon. He then uses dramatic irony to show that if people had seen that they are responsible for each other than a war could have been avoided. Priestly, as a model socialist, therefore wishes that in 191 2 he could have done more about helping others to realist just like the Inspector did. How to cite How Does Priestly Present Birling in Act One and Two, Papers

Investment & Portfolio Management-Free-Samples-Myassignmenthelp

Questions: 1.Identify the major asset classes that are likely to feature in each of the types of managed funds listed below. In addition, propose and briefly justify a typical asset allocation for each type of fund. 2.Identify the major asset classes that are likely to feature in each of the types of managed funds listed below. In addition, propose and briefly justify a typical asset allocation for each type of fund. 3.What is the duration, modified duration and dollar duration of this bond?What will be the estimated price change on the bond if interest rates increase by 0.10 per cent (10 basis points)? 4.Assume that the dividend is expected to grow at 20 per cent for the next 3 years and then settle down to 8 per cent per year. What price would the share sell for today? Answers: 1.Benchmark index for tracking the performance of securities/stock exchange Australia SP/ASX 50 USA NYSA Arca Major market Index Hong Kong Hang Seng Index Japan Nikkei 225 England FTSE 100 China SSE Composite Index Major asset classes and asset allocation Stable fund the stable fund is more conservative investment which is aimed at outperformance of cash and boosting the returns through blending the cash with specific shares. Main goal of various investors are to increase the cash without increasing the considerable risk (Huang, Li Shi, 2016). The major asset class under stable fund is cash that includes term deposits, bank deposits, cash management trusts and cheque and savings accounts. This is suitable for the investors those have the short-term preference and lower risk tolerance level. It offers low and stable risk income, generally in form of the regular payments of interest equally. Under stable fund the potential return as well as the risks both is low. No minimum timeframe is recommended for this fund. Balanced fund the balanced fund invests in the combination of specific selected fixed incomes, shares and the commodity investments in Australia and international market for providing long-term growth without much downs and ups. The major asset class under balanced fund is fixed interest that includes corporate bonds, government bonds, hybrid securities and mortgage securities (Samudhram, Siew, Sinnakkannu Yeow, 2016). It is more volatile as compared to the cash, still it can be considered as relatively stable. It operates generally in the same way of loan. Return on income is normally in form of regular payment of interest for the agreed time period. Recommended time frame for this asset is minimum 1 to 3 years. Under stable fund the potential return as well as the risks both is moderate. Growth fund the growth funds main objective is to offer long term growth of capital through investing in the high quality and large Australian organizations. It offers well-diversified investing portfolio in wide range of the industry sectors. The major asset class under growth fund is property that includes direct investment in commercial, residential and industrial property and the indirect investment like vehicles. It may also include equities that include international equities and Australian equities. Growth funds generally has the high return as well as the risk involved is high (Bateman et al., 2014) The property is of long term nature, generally 7 years or more and the exit and entry cost involved with this is considerably high. The returns under equity fund include the capital loss or growth and the income through the dividends. Further, the equities are considered to be most volatile class of asset over the long term time frame. However, it involves the part ownership for any company that enables the investor to share profits and the future growth. Typical asset allocation Asset class High growth Growth Diversified Socially responsible Balanced fund Stable fund Australian equities 30% 22% 26% 16% 6% International equities 37% 29% 24% 21% 7% Alternatives 28% 28% 26% 28% 29% Fixed income 0% 10% 18% 20% 20% Cash 5% 10% 6% 15% 38% Total 100% 100% 100% 100% 100% Justification for asset allocation For allocating the assets, an active strategy is adopted to avail the advantages from the market conditions through temporary decreasing or increasing the exposures to the particular class of asset. This will help in protecting the investors from the risks of overexposures to the expensive market and get the additional return through increasing the exposures to class of assets while they will be attractive. 2.Taking into consideration the 1st derivative of the bond or any security that offers fixed income, the price (P) with regard to the yield to maturity (R) delivers the following (dP/P) / [dR/(1+R)] = - D Economic interpretation of the above equation is D is the measure of percentage change in price of the bond for the given change in percentage with respect to yield to maturity that is the interest elasticity (Khalil et al., 2014). Further, the above equation can be written as follows for providing the practical application dP = -D[dR/(1+R)] P To be stated in other ways, if the duration factor is known, the change in the bond price owing to the small changes in the rate of interest, R, may be forecasted through the above formula. 3.Duration, modified duration and the dollar duration Duration Duration of the treasury bond of $ 1,000 that is paying the semi-annual coupon rate of 10% per annum and selling at par at present with 11 years of maturity will be as follows Period Cash flow Period*cash flow PV of $1 @ 5% PV of cash flow 1 $ 50.00 $ 50.00 0.95238 $ 47.62 2 $ 50.00 $ 100.00 0.90703 $ 90.70 3 $ 50.00 $ 150.00 0.86384 $ 129.58 4 $ 50.00 $ 200.00 0.82270 $ 164.54 5 $ 50.00 $ 250.00 0.78353 $ 195.88 6 $ 50.00 $ 300.00 0.74622 $ 223.87 7 $ 50.00 $ 350.00 0.71068 $ 248.74 8 $ 50.00 $ 400.00 0.67684 $ 270.74 9 $ 50.00 $ 450.00 0.64461 $ 290.07 10 $ 50.00 $ 500.00 0.61391 $ 306.96 11 $ 50.00 $ 550.00 0.58468 $ 321.57 12 $ 50.00 $ 600.00 0.55683 $ 334.10 13 $ 50.00 $ 650.00 0.53032 $ 344.71 14 $ 50.00 $ 700.00 0.50507 $ 353.55 15 $ 50.00 $ 750.00 0.48102 $ 360.77 16 $ 50.00 $ 800.00 0.45811 $ 366.49 17 $ 50.00 $ 850.00 0.43630 $ 370.86 18 $ 50.00 $ 900.00 0.41552 $ 373.97 19 $ 50.00 $ 950.00 0.39573 $ 375.94 20 $ 50.00 $ 1,000.00 0.37689 $ 376.89 21 $ 50.00 $ 1,050.00 0.35894 $ 376.89 22 $ 1,050.00 $ 23,100.00 0.34185 $ 7,896.74 Total $ 13,821.15 Therefore, the duration will be ($ 13,821.15/$ 1,000) / 2 = 6.91 Modified duration Modified duration = D / (1 + R/2) = 6.91 / (1+ 0.10/2) = 6.581 Dollar duration Dollar duration = MD * P = 6.581 * $1,000 = $ 6,581 Estimated price change if Interest rate increases by 10 basis point that is, 0.10% Estimated price change = - dollar duration * change in rate = - 6,581 * 0.001 = - $ 6.581 Therefore, the new prices will be $ 1,000 - $ 6.581 = $ 993. 419 Interest rate decreases by 20 basis point that is, 0.20% Estimated price change = - 6,581 * - 0.002 = $ 13.162 Therefore, the new price will be $ 1,000 + $ 13.162 = $ 1,013.162 Rate change Estimated price Actual price Error +0.001 $993.419 $993.369 0.099 -0.002 $1,013.162 $1,013.364 -0.203 4.Under constant growth Current price of the share P0 = ?, D = 0.20, g = 0.08, R = 0.16 P0 = D1 / (R g) = $0.20 (1.08)1 / (0.16 - 0.08) = $0.216 / 0.08 = $ 2.7 Share price in 5 years P5 = D6 / (R g) = $0.20 (1.08)6 / (.16 - .08) = $0.20 * 1.587 / 0.08 = $3.9675 Under non-constant growth - The dividend is expected to grow at the rate of 205 for next three years and thereafter it will settle down at 8% per year. Price of the stock at year 3 will be P3 = D3 (1 + g) / (R g) = D0 (1 + g1)3 (1 + g2) / (R g) = $0.20(1.20)3(1.08) / (.16 .08) = 0.373 0.08 P3 = $ 4.666 The stocks price today will be the PV of 1st three dividends plus PV of the year three stock price. Therefore, the stock price today will be P0 = $0.20(1.20) / 1.16 + $0.20 (1.20)2 / (1.16)2 + $0.20 (1.20)3 / (1.16)3 + $4.666 / (1.16)3 = 0.207 + 0.214 + 0.221 + 2.989 = $ 3.631 References Bateman, H., Deetlefs, J., Dobrescu, L. I., Newell, B. R., Ortmann, A., Thorp, S. (2014). Just interested or getting involved? An analysis of superannuation attitudes and actions.Economic Record,90(289), 160-178. Bodie, Z. (2013).Investments. McGraw-Hill. Huang, H., Li, M., Shi, J. (2016). Which matters:Paying to play or stable business relationship? Evidence on analyst recommendation and mutual fund commission fee payment.Pacific-Basin Finance Journal,40, 403-423. Hyman, J., Dor, A. B., Dynkin, L., Horowitz, D., Xu, Z. (2014). Coupon Effects on Corporate Bonds: Pricing, Empirical Duration, and Spread Convexity.The Journal of Fixed Income,24(3), 52-63. Jordan, B. (2014).Fundamentals of investments. McGraw-Hill Higher Education. Khalil, R., Al Horani, M., Yousef, A., Sababheh, M. (2014). A new definition of fractional derivative.Journal of Computational and Applied Mathematics,264, 65-70. Samudhram, A., Siew, E. G., Sinnakkannu, J., Yeow, P. H. (2016). Towards a new paradigm: Activity level balanced sustainability reporting.Applied ergonomics,57, 94-104.