This week you reflected upon the difference between a “manager” and a “leader” and discussed this concept with your classmates and professor in the discussion board. In a written essay please answer the following questions:
What are the differences between leaders and managers? What characteristics are similar and what are different?
Provide a total of three examples. First, of someone who has great managerial skills. Second, another individual with great leadership skills. Third, another person with poor managerial skills. These can be made up individuals or examples you have seen without any identifying information. Discuss how the staff of each individual would be affected by the skills of the leader/manager.
Complete the Emotional Intelligence Test Discuss your scores and what they mean. What did you learn about yourself as a leader? (Note that a 10 on the EI test means strong. On the score page, click on the blue “here” under “interpreting your GEIT scores, click here” for more information on each section and what it means.
Assignment Expectations:
Length: 1500 to 2000 words total (at least 500 words per question prompt)
Structure: Include a title page and reference page in APA format. These do not count towards the minimum word count for this assignment. Your essay must include an introduction and a conclusion.
References: Use appropriate APA style in-text citations and references for all resources utilized to answer the questions. A minimum of three (3) scholarly sources are required for this assignment.
Rubric: This assignment uses a rubric for scoring. Please review it as part of your assignment preparation and again prior to submission to ensure you have addressed its criteria at the highest level.
Format: Save your assignment as a Microsoft Word document (.doc or .docx) or a PDF document (.pdf)
Requirements: Length: 1500 to 2000 words total (at least 500 words per question prompt)
Weiss, S. A. & Tappen, R. M. (2015). Essentials of nursing leadership and management (6th ed.). F.A. Davis Company. Read chapters 1 and 2.
The main part of this project component will ask you to pick one of the company’s change plans and develop a communication plan for the company. This plan should be submitted by using a Microsoft Excel spreadsheet and setting out the stakeholders, the timeline of the communication plan, the method of communication, the rationale for why you chose this method of communication, the purpose of the communication, and identifying who will do the communicating. The grid for this project can be found in the Files section of the Course Menu and is titled Grid for Week 6—Communication Plan.
Select one of the communication pieces that you would have used that is listed in your communication plan, and write the communication in a Word document (either the text or the script, if the communication would have been oral). Be sure to review the Week 6 information and the examples of communication plans and types for more assistance on this piece of the project. If you use any form of communication from templates you find online or in a textbook, be sure to cite your source. Your instructor will grade this based on how well it relates to the audience and stakeholder group to which it is intended.
The real-world aspect of this project is that you will write a one- to two-page analysis of one of the media pieces about one of the company’s changes written (or provided via oral media) by the company. For this section of the project, please analyze any media, news, or other communications that explained the change going on in the organization. Explain in your paper how the company handled communicating the change to its stakeholders.
Week 9 Assignment – Records, Termination, and Succession
Overview
One of the major responsibilities of HR is to, of course, manage human capital. This continues after employee hiring and continues through termination and succession. Having effective policies in place that define these, and other functions in between, is critical to an organization’s commitment to ethical, legal, fair, and efficient operating practices. In this assignment, you are asked to share best practices or policies on these topics during a series of brown bag sessions (these are informal lunch time presentations).
Scenario
Imagine that HR leadership is busy integrating the HR teams from both hospitals and they want to make sure department members are operating in concert with one another on a range of topics. Over the next several weeks, leadership plans to have you conduct three brown bag sessions (informal lunch-time presentations) that examine the topics of record keeping, ethics and law, and succession planning. They have asked you to write an executive summary of the content planned for each session in advance.
Session Descriptions:
Session 1: Maintaining Accurate Employee Records—In this session, you identify, and elaborate upon, four reasons for maintaining accurate and objective employee records.
Session 2: Ethical and Legal Termination—In this session, you examine the legal and ethical aspects of selecting and terminating an employee out of a group of people with similar performance, behaviors, and jobs as a part of a broad-ranging cost saving initiative. Employee differences:
One has a disability.
One is paid significantly more than others.
One is 60 years of age and older than the others.
One is planning on soon taking an extended family leave
Session 3: Succession Planning—In this session, you recommend a process to identify and groom an internal candidate to move into a senior-level leadership position in a health care organization such as CEO, COO, and CFO.
Instructions
Consider the scenario above and imagine that your audience is a group of department managers. Write an executive summary that introduces the topics in an introductory paragraph and then describes the content to be delivered in each of the three sessions in detail. Each session description should be two pages in length (six total pages plus cover page).
Your work will be measured against the following criteria:
“Does corporate ever get tired of giving us special stuff to do?”
“It is the nature of modern HR,” Kimberly said, shrugging. “Change and transitions are all around us. To remain viable and relevant as a part of the company and as a field, we have to be ready to adapt.” Dana nodded in understanding.
“We have to do the research and then prepare talking points for the HR VP on which of the two areas we need to focus on for the next quarter and the quarter after that. She wants us to talk about contemporary performance appraisal approaches and the employee experience.”
The way that performance management and the employee experience are viewed today is very different from how it has been viewed the past. The performance appraisal in particular is being scrutinized, and in some cases, even rejected. However, we still need the content of the appraisal for many different reasons.
The concept of the employee experience is also being debated. It can mean different things to different people, so determining the right balance of options to create a positive experience is a challenge.
Today, performance management and the employee experience are being framed in very different ways from the past. The performance appraisal is being criticized and even rejected for good reasons. The challenge is that we still need the content of the appraisal for many different reasons. At the same time, many organizations and professional environments may have gotten to a point in the evolution of work that the use of traditional performance appraisals may have come to their natural end. However, there are still many organizational contexts and commercial settings where the old approach or something like it will be necessary.
The HR concept of the employee experience comes from the field of marketing and seeks to provide HR professionals and their clients a very different perspective of work and the workplace. This means many different things to different people. From well-conceived and executed onboarding processes, to access to good cuisine, an accommodating place to work, opportunities for advancement, work rotations, and personal growth. The challenge is to create the best possible experience for the employees in the organization, which will attract employees with high potential to make valuable contributions. Determining what makes work a positive experience by a significant majority is similar to benefits programs but from the view of demographic influences. There will be generational differences and lifestyle-oriented preferences.
Resources
The discussion this week requires that you research the following two topics and provide your views on each: For this discussion, help Dana and Kimberly create talking points for the HR VP on the following:
Is there value in either or both and if so, why? The following resources will help you with this week’s discussion.
Performance Appraisal
Heneman, H. G., III, Judge, T. A., & Kammeyer-Mueller, J. (2019). Staffing organizations (9th ed.). New York, NY: McGraw-Hill Education. ISBN:9781259756559.
In Chapter 10, read the section on “Performance Appraisal,” pages 528–530.
Venne, R. A., & Hannay, M. (2018). Generational change, the modern workplace and performance appraisal: Why changing workplaces need a developmental approach to performance appraisal. American Journal of Management, 18(5), 88–102.
The Employee Experience
Nexthink launches digital employee experience scoring system: First-of-its-kind scoring system gives organizations a way to quantify the success of their employee experience initiatives. (2019, Mar 18). NASDAQ OMX’s News Release Distribution Channel, 1–2.
Qualtrics simplifies closing the employee experience gap with powerful new methodology: Methodology helps companies create winning employee experience (EX(TM)) programs by driving engagement, culture and productivity. (2017, Aug 24). PR Newswire, 1–2.
Respond with a posting that describes the value and importance of performance appraisals and the employee experience. You can use the materials provided and also use other peer-reviewed or trade publication sources from the Library. The intent in the discussion posting is to provide a thoughtful product that would support our HR team’s task to provide ideas and a framework for recruiting, talent management, and employee retention strategy. Focus on the things you see as most important.
As described in the text, gains and losses on foreign currency borrowings can be used to hedge the net investment in a foreign subsidiary. How are these reported in the consolidated financial statements? In addition, what other techniques may a company use to hedge net investments? Develop a 200-to-300-word analysis supporting your position.
Part 2
If you work for a publicly traded company, download the company’s annual report. If you do not work for a publicly traded company, download the annual report of one of your favorite brands (e.g., Apple or Dell). Search through the report and look for the section regarding “managing risk” (it may be under a different name, but it is in there). Describe how this company uses hedges or contracts to manage currency risk.