Business acumen for nursing leaders: A scoping review

Raftery, Chris and Sassenberg, Anne-Marie ORCID: https://orcid.org/0000-0003-3404-3570 and Bamford-Wade, Anita (2022) Business acumen for nursing leaders: A scoping review. Journal of Nursing Management. pp. 1-10. ISSN 0966-0429


Abstract

Aim: The aim of this study is to explore the current evidence on business acumen of nurse leaders. Background: Health systems across the world are under immense pressure to stay solvent, maintaining services within a defined budget as we recover from the COVID-19 pandemic. Effective nurse leaders not only need to have strong leadership and management skills but also strong business acumen to navigate the complexity of the system. Evaluation: A scoping review of research was undertaken, using preferred reporting items for systematic reviews and meta-analyses (PRISMA) scoping extension checklist, with 571 studies found across multiple databases, 17 meeting final review eligibility. Key Issues: Findings were noted surrounding three themes: the value of business acumen in nursing, the gaining of business acumen in health care as a nursing leader and the utilizing business acumen as a nurse leader in the health care industry. Conclusion: While nursing leadership and management were well researched, limited studies covered the specific focus of business acumen in health care for nurses or broader clinicians. Implications for Nursing Management: While evidence points towards business acumen being important for health care leaders in balancing care and cost, inadequate research limits the recognition of these professional capabilities of nurse leaders. Further understanding could inform future policy and curriculum, as well as empower our next generation of clinicians.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Files associated with this item cannot be displayed due to copyright restrictions.
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Date Deposited: 21 Apr 2022 22:35
Last Modified: 21 Apr 2022 22:35
Uncontrolled Keywords: administration; business; economics; leadership; nursing management
Fields of Research (2020): 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3503 Business systems in context > 350399 Business systems in context not elsewhere classified
42 HEALTH SCIENCES > 4203 Health services and systems > 420309 Health management
42 HEALTH SCIENCES > 4205 Nursing > 420505 Nursing workforce
Socio-Economic Objectives (2020): 20 HEALTH > 2004 Public health (excl. specific population health) > 200499 Public health (excl. specific population health) not elsewhere classified
15 ECONOMIC FRAMEWORK > 1503 Management and productivity > 150305 Public sector productivity
28 EXPANDING KNOWLEDGE > 2801 Expanding knowledge > 280112 Expanding knowledge in the health sciences
Identification Number or DOI: https://doi.org/10.1111/jonm.13593
URI: http://eprints.usq.edu.au/id/eprint/47837

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