NUR 6050-ACT1W3 Activity Succession Planning

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Hillsboro Health System’s (HHS) board of directors are at a crossroads, pondering the current situation at HHS, one of the largest U.S. nursing home providers. The board is discouraged by the company’s downward spiral of its stock price and financial performance. The board is also disappointed with the continuing explanations of the CEO about the company’s situation.

Their concern is accentuated by the uncertainty of the healthcare industry, and also by the increased market penetration by HHS’ competitors. The healthcare industry was indeed subject to many environmental factors, not the least of which was the reliance on government reimbursement for services. One of the major issues facing the industry was significant reductions in federal funding for health and elder care.

The lack of a succession plan at HHS coupled with no formal internal effort to develop leadership for the future cast an ominous shadow over the future of the company. The board knew it did not have any time to waste.

As a recruiter for an Executive HR company, you are hired to explore issues pertaining to HHS’ leadership options. The goal is to develop a leadership and succession plan for the scenario listed above.

Review the following links:

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Within the context of the COVID-19 pandemic,

Defend your response in class regarding succession planning for leadership in healthcare.
Directions to student: You must complete this discussion in (no less than 750 words) into three substantive paragraphs 250 words each. Make sure you address the subject topic within the context of the COVID-19. Make sure you include at least four APA-formatted citations/references.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes. ACT1W3 Activity Succession Planning

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.