Posted: September 6th, 2023

LEADERSHIP & ECONOMIC MODELS. NRS-493- PROFESSIONAL CAPSTONE & PRACTICUM

Professional Capstone and Practicum Reflective Journal

Assessment Description

Students are required to submit weekly journal entries throughout the course. These reflective narratives help students identify important learning events that happen throughout the course and the practicum. In each week’s entry, students should reflect on the personal knowledge and skills gained.

Write a reflection journal (250 words) to outline what has been discovered about your professional practice, personal strengths and weaknesses, and additional resources that could be introduced in a given situation to influence optimal outcomes. Each week there will be a specific focus to use in your reflection. Integrate leadership and inquiry into the current practice. Please make sure to address all areas in your writing.

TOPIC FOCUS: LEADERSHIP & ECONOMIC MODELS. NRS-493- PROFESSIONAL CAPSTONE & PRACTICUM

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In this week’s reflection journal, I would like to focus on the topic of leadership and its relationship with economic models in the context of my professional practice. Throughout my capstone and practicum experience, I have come to recognize the significance of effective leadership in achieving optimal outcomes, particularly in relation to economic models.

One of the key insights I have gained is that leadership plays a critical role in navigating and leveraging economic models to drive success. A skilled leader understands the intricacies of different economic models and how they can impact the organization’s performance. By aligning leadership strategies with the appropriate economic model, leaders can influence optimal outcomes. For instance, in a rapidly changing market, a transformational leadership approach that encourages innovation and adaptability may be more suitable, whereas in a stable market, a transactional leadership approach focused on efficiency and productivity may be more effective.

As I reflect on my personal strengths and weaknesses, I realize that my ability to understand and analyze economic models is an area of strength. I have developed a solid foundation in economic concepts and have actively sought opportunities to apply this knowledge in real-world scenarios. This strength has allowed me to contribute valuable insights and recommendations when it comes to decision-making processes related to economic models.

However, one area that I recognize as a weakness is my leadership skills. While I have a good understanding of leadership theories and concepts, I need to further develop my practical leadership abilities. I aim to enhance my skills in areas such as communication, delegation, and conflict resolution, as these are crucial for effective leadership in any economic model.

To address this weakness and further improve my leadership skills, I plan to explore additional resources. One resource I intend to utilize is leadership workshops or seminars. These events can provide practical strategies and techniques for effective leadership in various economic models. Additionally, I will seek mentorship opportunities with experienced leaders who can provide guidance and support in developing my leadership abilities.

In conclusion, I have discovered that effective leadership is essential in navigating economic models and influencing optimal outcomes. While I have a solid understanding of economic concepts, I recognize the need to enhance my practical leadership skills. By leveraging additional resources such as leadership workshops and mentorship opportunities, I believe I can further strengthen my leadership abilities and positively impact my professional practice.