Analysis of leadership in a healthcare organization Term Paper

Analysis of leadership in a healthcare organization - Term Paper Example Should the organization focus on reducing medical errors or developing leaders first? Should they focus on financial sustainability or create a process of leadership development? In many instances, health organizations address issues which are most pressing before they deal with issues with long term impacts, such as in the case of leadership. Moreover, leaders are faced with complicated internal dynamics between administrations and clinicians, physicians and nurses, pharmacists and physicians (McAlearney, 2006), etc. which in turn, makes it difficult to implement new policies. In a research conducted by Ann McAlearney (2006), it was discovered that many health practitioners realize that the industry is lagging in the case of leadership development. ... There is a need for leaders who can represent the medical community and the patient population – leaders who can â€Å"respond to multiple stakeholders and meet performance goals across multiple dimensions of effectiveness† (McAlearney, 2006, p. 967). The question now is: what kind of leader can motivate people to work together towards a common goal? Literatures on management and leadership refer to transformational leadership based on idealized influence (charisma) may be an appropriate style. What is charismatic leadership? Bud Haney (2012) calls charismatic leaders, the beacons of positivity, â€Å"charismatic leaders impact others with the power of optimism†¦To get team members to go the extra mile and engage with their work† (p.18). Meredith Babcock-Roberson (2010) shares the same view, but adds: â€Å"a [charismatic leader] provides clarity when the situation is unclear, resolves shortcomings and motivates change by articulating a strategic visionâ₠¬ ¦[they] communicate high performance expectations, exhibit con?dence, take risks that oppose the status quo, and emphasize a collective identity†¦[they set] personal examples and [make] personal sacri?ces† (p. 314). A charismatic leader’s is able to bring people to work together by providing his subordinates a clear view of the group’s vision and the role of each individual in the achievement of such vision. Because the emphasis of charismatic leadership â€Å"is on people of vision who are creative, innovative, and capable of getting others to share their dreams while  playing down self-interest; and who are able to cooperate with others in reshaping the strategies and tactics of the

Answer the following 2 questions seperately Assignment

Answer the following 2 questions seperately - Assignment Example On the other hand, public interest theory asserts the need to keep prices at reasonable rates so that more people can access healthcare services; and that more readily and cheaply. As such, the government should intervene to ensure that the best interests of the society are served. In this light, there is the push to have the government inject and nurture competition, liberalize information, assuage externalities and to address market failures (Sirgy, Dong-Jin & Yu, 2011). Public interest theory is the most plausible and tenable of the two, since healthcare market primarily discharges public or social goods. Healthcare is too sacrosanct to be given an economic laissez faire. Likewise, it is very inappropriate and unfortunate to create a situation in the healthcare system where the public bears the burden of operational inefficiencies as players in the business (pharmaceutical and insurance companies, and healthcare institutions) rake profits. If the system that is envisioned by the special interest theory must be adopted or tolerated, healthcare systems must be exempted from such contriving. Imperfect information refers to a situation where the client or the seller does not have partial or full information that may affect their decisions. For instance, in a perfectly competitive market, though healthcare services insurers are entitled to full information pertinent to clients’ health status so that they can subsequently exact premiums in light of the expected costs, some clients will reserve themselves from detailing all the crucial information. Again, these clients may deliberately or inadvertently give inaccurate details. Most of the time however, clients will knowingly withhold information or give incorrect details to escape higher insurance premiums. The import of this development is that it often paves way for market failure, since the giver of the inaccurate or incomplete