Nurse leaders have many opportunities to develop innovative organizational proje

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Nurse leaders have many opportunities to develop innovative organizational projects. For this assessment, you will assume the role of a nurse leader who is interested in starting a new nursing service line. The proposed nursing service should meet the following criteria:
• can be any service that meets a demonstrated patient health need
• contains a major nurse-led component
• has the ability to generate revenue that is sustainable
Here are a few examples of the diverse opportunities for organizational growth:
• physical and mental health services provided through wellness centers
• vascular access care services
• diagnosis-specific support clinics
• nurse-directed medical day care services
• wound care services
• diabetes management services
• care coordination for supervising and evaluating interdisciplinary care services
• home health and hospice services
These varied examples demonstrate the impact that nurse leaders have on healthcare delivery.
In this task, you will use the attached “Nursing Service Line” template to develop your brief. Using an interprofessional focus, you will explain the need for the service and present the results of various business analyses to determine the feasibility of starting the new service line within an organization. Use the information provided in the course to determine an area of service and to complete the analyses required in this assessment.
Requirements
Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. The similarity report that is provided when you submit your task can be used as a guide.

You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.

Tasks may not be submitted as cloud links, such as links to Google Docs, Google Slides, OneDrive, etc., unless specified in the task requirements. All other submissions must be file types that are uploaded and submitted as attachments (e.g., .docx, .pdf, .ppt).

Note: You must complete the clinical practice experience (CPE) before attempting this assessment.

Complete the following using the attached “Nursing Service Line” template to support the area of need you have identified.

A. Provide an introduction to your proposed nursing service line by doing the following:
1. Describe your nursing service idea, the purpose of the nursing service line, and the effective leadership skills and approaches needed to implement the plan using a diverse staffing model.
2. Explain why the service will be important to the population it will serve.

B. Provide a market analysis that includes the target population, potential referral bases, and potential competitors for the planned service.

C. Using an interprofessional focus, analyze the following strengths, weaknesses, opportunities, and threats (SWOT) to the service line:
• four internal factors that are potential strengths of the nursing service line
• four internal factors that are potential weaknesses of the nursing service line
• four external factors that are potential opportunities for the nursing service line
• four external factors that are potential threats to the nursing service line
1. Provide a narrative of the SWOT analysis information identified in part C and discuss the following:
• how the strengths can be used to maximize (take advantage of) the opportunities and minimize (decrease) the threats
• how the weaknesses can be improved by maximizing (taking advantage of) the opportunities and minimizing (decreasing) the threats

D. Perform a cost-benefit analysis of the nursing service line for each of the following areas:
• the organization, including three logical costs and three logical benefits
• day-to-day operations, including five logical costs and five logical benefits

E. Complete a risk assessment that describes five risks that may adversely affect the success of the nursing service plan and identify the possible results of the risks along with one strategy for each risk to minimize that risk.

F. Provide a narrative summary of the nursing service line’s first year of financial projections. Include the following in your summary:
• an explanation of the methods that will be used to generate revenue for the nursing service line.
• a discussion of the revenue projections for the first year of operation.
1. Graph how you predict the nursing service line will grow in the first year.

Note: To create the graph, you may use one or a combination of the following:
• a spreadsheet program, such as Excel (*.xls)
• a graphics program, such as Paint (*.jpeg, *.gif)
• a word-processing program, such as Word (*.rtf)

2. Identify the financial payers for the nursing service line.

G. Provide a first-year operational expense budget including a descriiption and cost of three personnel expenses and five other-than-personnel (OTP) expenses.
1. Create a pie chart of the first year’s personnel expenses and OTP expenses that proportionally reflects all of the identified expenses for each category.

H. Explain key performance indicators (KPIs) of the nursing service line by doing the following:
1. Detail KPIs for the service plan using the structure, process, and outcome model by describing one KPI for each category (i.e., structure, process, and outcome) that can be used to measure the success of the project.
2. Describe how each KPI from part H1 can be measured and how often.
3. Discuss how the data from each KPI from part H1 should be analyzed to guide future decisions regarding the nursing service line in meeting organizational performance indicators.
4. Describe one system-level (i.e., organizational) strategy necessary to support staff improvement and to improve interprofessional teams.

I. Outline the start-up tasks and timelines for the nursing service line that includes the following:
• 10 tasks that should be completed before the launch of the nursing service line utilizing a diverse staff mix
• the title of the individual who will be responsible for completing each task
• a logical timeline for each task
• the frequency of status meetings with the individual responsible for the task

J. Provide an executive summary that is appropriate for a leadership audience that includes summaries of the following aspects:
• the proposed nursing service line
• the results of the market analysis
• the results of the SWOT analysis
• the results of the cost-benefit analysis
• the results of the risk assessment

Note: Use the information completed in parts A–E to complete the executive summary.

K. Include a reference page at the end of the report that lists at least five references to academically appropriate sources used to complete this task.

L. Submit your service plan template in APA style, including but not limited to the title page, headers, in-text citations, and references.

M. Demonstrate professional communication in the content and presentation of the submission.
File Restrictions
File name may contain only letters, numbers, spaces, and these symbols: ! – _ . * ‘ ( )
File size limit: 200 MB
File types allowed: doc, docx, rtf, xls, xlsx, ppt, pptx, odt, pdf, txt, qt, mov, mpg, avi, mp3, wav, mp4, wma, flv, asf, mpeg, wmv, m4v, svg, tif, tiff, jpeg, jpg, gif, png, zip, rar, tar, 7z
Rubric
A1:Proposed Nursing Service Idea
Not Evident
The submission does not describe the nursing service line, the purpose of the service line, or any leadership skills and approaches needed to implement the plan using a diverse staffing model.

Approaching Competence
The submission describes a service, but the nursing service line is not appropriate for the population it will serve. Or it is not a nursing service that would affect an area of patient health need. Or the descriiption of the service line’s purpose is not logical for nursing practice. Or it does not describe the effective leadership skills and approaches needed to implement the plan using a diverse staffing model.

Competent
The submission describes an appropriate nursing service that would affect an area of patient health need, logically describes the purpose of the service line, and describes the effective leadership skills and approaches needed to implement the plan using a diverse staffing model.
A2:Importance
Not Evident
An explanation of the importance of the nursing service line is not provided.

Approaching Competence
The explanation of the importance of the nursing service line does not identify an appropriate population to be served, does not logically address the relevance and importance of the service line, or does not include current needs and expectations in the healthcare industry or the population served.

Competent
The explanation of the importance of the nursing service line identifies an appropriate population to be served, logically addresses the relevance and importance of the service line, and includes how it is supported by current needs and expectations in the healthcare industry and the population served.
B:Market Analysis
Not Evident
A market analysis is not provided.

Approaching Competence
The market analysis does not logically address the target population, potential referral bases, or potential competitors for the planned nursing service line.

Competent
The market analysis logically addresses the target population, potential referral bases, and potential competitors for the planned nursing service line.
C:SWOT Analysis
Not Evident
A SWOT analysis is not provided.

Approaching Competence
The SWOT analysis does not accurately and logically analyze all of the given points, including 4 factors for each point.

Competent
The SWOT analysis accurately and logically analyzes all of the given points, including 4 factors for each point.
C1:SWOT Analysis Results
Not Evident
The submission does not discuss the SWOT analysis results.

Approaching Competence
The submission does not discuss how the strengths could be used to maximize the opportunities or minimize the threats. Or the submission does not discuss how the weaknesses could be improved by maximizing the opportunities or minimizing the threats. Or the discussion does not align with the SWOT analysis in part C.

Competent
The submission logically discusses how the strengths could be used to maximize the opportunities and minimize the threats, as well as how the weaknesses could be improved by maximizing the opportunities and minimizing the threats. The discussion aligns with the SWOT analysis in part C.
D:Cost-Benefit Analysis
Not Evident
A cost-benefit analysis is not provided.

Approaching Competence
The cost-benefit analysis of 3 logical organization costs, 3 logical organization benefits, 5 logical day-to-day operations costs, and 5 logical day-to-day operations benefits includes 1 or more costs or benefits that are not logical.

Competent
The cost-benefit analysis identifies 3 logical benefits and 3 logical costs for the organization and 5 logical benefits and 5 logical costs for the day-to-day operations.
E:Risk Assessment
Not Evident
A risk assessment is not provided.

Approaching Competence
The risk assessment does not describe 5 logical risks that could adversely affect the success of the nursing service line, or the risk assessment does not identify the possible results of the risks. Or the risk assessment does not describe an appropriate strategy for each risk for minimizing that risk.

Competent
The risk assessment describes 5 logical risks that could adversely affect the success of the nursing service line. The risk assessment identifies the possible results of the risks and logically describes an appropriate strategy for each risk identified to minimize that risk.
F:Financial Projections
Not Evident
A summary of financial projections is not provided.

Approaching Competence
The financial projection summary discusses the revenue projections for the first year of operation and explains the methods that will be used to generate revenue for the nursing service line, but the projections are not accurate, or the methods are not appropriate or not effective.

Competent
The financial projection summary discusses accurate revenue projections for the first year of operation and explains appropriate and effective methods for generating revenue for the nursing service line.
F1:Graph
Not Evident
A graph is not provided.

Approaching Competence
The graph shows an illogical prediction of how the nursing service line will grow in the first year, or the information graphed is not accurate for or not relevant to the nursing service line.

Competent
The graph shows a logical prediction of how the nursing service line will grow in the first year, and the information graphed is accurate for and relevant to the nursing service line.
F2:Payers
Not Evident
The submission does not discuss financial payers for the service line idea.

Approaching Competence
The submission does not logically identify appropriate financial payers for the nursing service line.

Competent
The submission logically identifies appropriate financial payers for the nursing service line.
G:Budget
Not Evident
An operational expense budget is not provided.

Approaching Competence
The first-year operational expense budget describes 3 personnel expenses and 5 OTP expenses and the estimated costs of each in dollars, but the expenses or costs are not logical reasonable or not accurate for the nursing service line.

Competent
The first-year operational expense budget describes 3 logical and accurate personnel expenses and 5 logical and accurate OTP expenses for the nursing service line. The operational expense budget provides a reasonable estimated cost in dollars for the expenses.
G1:Pie Chart
Not Evident
A pie chart is not provided.

Approaching Competence
The pie chart does not accurately identify and reflect the proportional expenses for the personnel and OTP categories.

Competent
The pie chart accurately identifies and reflects the proportional expenses for the personnel and OTP categories.
H1:Key Performance Indicators
Not Evident
The submission does not describe the structure, process, and outcome KPIs.

Approaching Competence
The submission describes the structure, process, and outcome KPIs, but the descriiption is inaccurate, or the KPIs described cannot be used to measure the success of the nursing service line.

Competent
The submission accurately describes the structure, process, and outcome KPIs that can be used to measure the success of the nursing service line.
H2:Measurement
Not Evident
The submission does not describe how or how often any KPIs will be measured.

Approaching Competence
The submission describes how KPIs will be measured, but 1 or more of the KPIs from part H1 is missing, or the descriiption of how the KPIs will be measured is not logical. Or a logical time frame for how often the KPIs will be measured is not included for 1 or more of the KPIs.

Competent
The submission logically describes how each KPI from part H1 will be measured and includes a logical time frame for how often each KPI will be measured.
H3:Future Decisions
Not Evident
The submission does not discuss how KPIs could be used to guide future decision-making.

Approaching Competence
The submission does not logically discuss how each of the KPIs from part H1 could be used to guide future decision-making for the nursing service line in meeting organizational performance indicators

Competent
The submission logically discusses how each of the KPIs from part H1 could be used to guide future decision-making for the nursing service line in meeting organizational performance indicators.
H4:System-Level Improvements
Not Evident
The submission does not discuss a system-level strategy to support staff improvement and to improve interprofessional teams

Approaching Competence
The submission does not logically describe 1 system-level strategy necessary to support staff improvement and to improve interprofessional teams

Competent
The submission logically describes 1 system-level strategy necessary to support staff improvement and to improve interprofessional teams.
I:Tasks and Timelines
Not Evident
An outline of the nursing service line is not provided.

Approaching Competence
The tasks and timelines for the nursing service line does not include 10 appropriate start-up tasks, does not designate an appropriate individual for 1 or more tasks, does not include 1 or more frequency of task status meetings or is missing a logical timeline for 1 or more of the tasks.

Competent
The tasks and timelines for the nursing service line includes 10 appropriate start-up tasks, the title of an appropriate individual responsible for completing each task, the frequency of task status meetings and a logical timeline for each task.
J:Executive Summary
Not Evident
An executive summary is not provided.

Approaching Competence
The executive summary of the nursing service line does not include accurate and concise summaries of the service plan elements (the service idea, the market analysis, the SWOT analysis, the cost-benefit analysis, and risk assessment). Or the executive summary is not appropriate for presentation to a leadership audience.

Competent
The executive summary of the nursing service line includes accurate and concise summaries of the service plan elements (the service idea, the market analysis, the SWOT analysis, the cost-benefit analysis, and risk assessment) and is appropriate for presentation to a leadership audience.
K:Reference Page
Not Evident
A reference page is not provided, or the reference page includes fewer than 5 references.

Approaching Competence
The reference page is provided somewhere other than the end of the report, or 1 or more of the references are not academically appropriate or are irrelevant to completing the task.

Competent
The reference page is provided at the end of the report and includes at least 5 academically appropriate references that are relevant to completing the task.
L:APA Style
Not Evident
The submission is not in APA style.

Approaching Competence
The submission does not demonstrate a consistent application of APA style.

Competent
The submission demonstrates a consistent application of APA style.
M:Professional Communication
Not Evident
Content is unstructured, is disjointed, or contains pervasive errors in mechanics, usage, or grammar. Vocabulary or tone is unprofessional or distracts from the topic.

Approaching Competence
Content is poorly organized, is difficult to follow, or contains errors in mechanics, usage, or grammar that cause confusion. Terminology is misused or ineffective.

Competent
Content reflects attention to detail, is organized, and focuses on the main ideas as prescribed in the task or chosen by the candidate. Terminology is pertinent, is used correctly, and effectively conveys the intended meaning. Mechanics, usage, and grammar promote accurate interpretation and understanding.

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