THE LEADERSHIP LEARNING EXPERIENCE 5
Considering that an average RN earns a net income of approximately $12,650 per year,
for the 16 RNs, this would be a total of $202,400 per year. The licensed nurses earn a total of
$10,800 which adds up to $172,800 per annum. This would, therefore, necessitate the need for
more offices. To have four RNs share a room, the entire 32 nurses would require four offices.
This construction would cost a total of $150, 000. The total amount required to finance the
project for the first year is therefore $525,200 and a yearly funding of 375,200 as salary of the
nurses. The strength of any hospital is defined by its reputation in terms of services offered and
personal interaction with the staff (MacPhee & Bouthillette, 2008). This plays a key role in
attracting partners and government funding. The hospital is therefore bound to gain more
because the benefits the project will bring are more than the cost of its acquisition.
TIMELINE FOR IMPLEMENTATION OF THE PROPOSAL
Considering that the funding would be from partners and from the government financial
pool for projects, the project will require a minimum of six months to implement. With available
funding, advertisement would be conducted within two weeks after which interviews would be
called for to admit the 32 nurses required. This would happen concurrently as additional offices
are constructed. At the end of the two months, the solution shall have been implemented.
KEY STAKEHOLDERS THAT ARE IMPORTANT FOR THE IMPLEMENTATION OF
THE RESOLUTION.
The main stakeholders are the government, financial institutions, and partners. The
Hospital management, the other staff members and the patients are also key stakeholders. The
hospital administration is a key partner for it is the custodian of the administrative authority of
the hospital.
Engagement with Key Stakeholders and its Success