Shortcomings in WHP Management Style Essay Example | Topics and Well Written Essays - 1500 words

Shortcomings in WHP Management Style - Essay Example The management is required to follow the guidelines laid down by the Healthcare Commission. Some of the highlights of the commission’s recommendations that are followed here are sound clinical and organisational management, and assessed and managed risks; supporting staff to raise any concerns about the quality of care or services provided to patients; having systems in place to support all staff in their development, including the minority groups; storing, using and dissemination of information about patients; to make sure that healthcare staff are appropriately recruited, trained and qualified; making sure that staff continue to develop their professional skills and to make sure that national guidelines for carrying out research are followed throughout the organisation.   The management is through a committee of ten medical practitioners that is headed by a Chairman who is the manager of the facility and policies are framed according to normal NHS guidelines outlined above. WHP scores a fair result in the services that it offers to its captive population and it appears that it is perceived as an average performer in its services. The pursuit of this report is to find the shortcomings in its management style and to make recommendations to overcome them. Management Styles are of three kinds; Autocratic, Consultative and Democratic. As the names suggest, the first is where the leader independently declares policy and the organization have no choice but to follow it. In a Consultative set up the leader seeks opinions from all departmental heads and then formulates policy. In the Democratic setup opinions from the rank and file have a bearing on the final policy and the leader is more like a guide and mentor.

Risk Assessment of Strident Marks Essay Example | Topics and Well Written Essays - 500 words

Risk Assessment of Strident Marks - Essay Example This also computes a covariance of returns between any the stocks and the market value where they have positive covariance, and those that move in opposite directions will have negative covariance. The expected return and variance of several stocks, a portfolio of these stocks that has a desired variance (risk) with a certain expected return. The expected return is the measurement of investment risk, what variances can be expected by the amount of investment. CAPM formula. The CAPM formula is: Beta is the overall risk in investing in a large market, like the New York Stock Exchange Beta is the R-squared statistic found in the regression analysis. The Beta of a Strident Marks is risk compared to the Beta (Risk) of the overall market. Beta indicates the volatility of the security, relative to the asset class (Frontline Systems, Inc. 2006). In conclusion, the Beta statistic defined by R-Square is positive 1 in the Market analysis, and 0.004 in the Stock analysis, it can be assumed, provided that the stock and market follow a normal distribution, that the stock holds a 40% greater risk than that market