...Ah! Wealth, some have it, most do not. For those who do have it…Why are you here, seriously…for those that don’t well you are about to find out why, but before we ask “Why we don’t have wealth” I must first answer “What is wealth?” According to dictionary.com wealth is defined as anything that has monetary or exchange value however this definition is insufficient and here is why, let’s say you buy a brand new car for $20,000 at the end of year five the value of that car drops by 60% that means when you go to sell that car you only get $8,000 back so that’s a loss of $12,000 plus the amount you spent on maintenance over a course of five years that would be an extra $1500 now let’s say you spend $20.00 a week on gas over the course of those 5 years you’re looking at another loss of $1,080 so you add the cost of all your losses and you are looking at a total loss of $14,580 so the amount you made back ($5,420) is no way near the amount you spent. This is why I say that the dictionary .com version of wealth is insufficient, while it is true that your car has monetary value the amount you made is less than the amount spent, therefore no profit was made. I consider the definition of wealth as anything that continuously brings in a profit. Now that I have explained to you what wealth let’s dive into the reasons why you can’t seem gain any. There are two mistakes as to why you can’t gain any wealth the first mistake is splurging or overspending this normally occurs when a person is going...
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...The Importance of Accountability Paper April 25, 2016 HCS/475 Samantha Perez Accountability is a skill not every person has but very important to be a successful person. Accountability is taking responsibility for any actions taken or results from those actions. This is a skill any leader should focus on and try to obtain for their own success but also for the organization they work for. Even if things do not turn out to be as expected it is good for that person to stand for their actions and becoming responsible for the results in order for identify what the problem was and how it might be fixed. The important thing is to be able to not make the same mistakes if our results were not good. We need to keep in mind that human beings make mistakes on a daily basis and what makes them successful is learning from those mistakes done. In health care accountability is definitely more important because you are dealing with patient’s health and lives. Being accountable in any health care organization it means that you are responding to patient, community, political, and commercial expectations. At all levels of the healthcare system important decisions are taken with regard to the quantity and the way in which the resources are used (Nunes 2011). Health care professional’s objective is to always offer the best quality of health care and access to resources to be able to meet those objectives. Each year over 100,000 people die due to health care mistakes that most of the times...
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...The Importance of Accountability Paper HCS/475 March 29, 2016 The Importance of Accountability Paper Accountability is one of the most essential traits that a person can acquire. Accountability can also be known as honesty. Accountability is very significant in the health care industry. There is not an organization that is able to function properly without accountability. There are new facts that prove that accountability affects an organization worse than any other factors and has cost the health care industry billions of dollars and these numbers continue to rise on a daily basis. According to Porter-O’Grady (2007), accountability is the most commonly used and misinterpreted element of management now. This paper will discuss the importance of accountability, how an employee’s accountability is measured in a health care industry, how accountability applies to the ethical considerations in leadership and management, what a checks-and-balances process looks like in a successful organization, how accountability affects an organization's working culture, and how to maintain a positive working culture and avoid a working culture of blame. Why is accountability important in the health care industry? Accountability is vital since it helps improve the organization with performance management, the improvement of employees, and improvement of procedures. Organizations are able to grow when accountability is shown in the organization. This is including all departments, employees...
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...Importance of Accountability By: Teresa Luna University of Phoenix February 21, 2011 Instructor: James Morello Accountability is honestly one of the most important aspects to the healthcare industry. It is one of those factors that one would expect to be a necessary part of an organization not only because it is expected but because it is a necessary evil. Employees need to be accountable for their actions in one way or another. An organization cannot function properly without this feature. It has become a new fact of life and affects an organization like no other factor and has cost the healthcare industry billions of dollars and continues to grow on a day by day basis. According to Porter-O’Grady (2007), accountability is the most overused and misunderstood element of leadership today. Accountability is very important to the healthcare industry because in order for an organization to succeed, it takes employees being responsible for their own actions. If employees do not take control of how they behave or become responsible for their own actions such as knowing and perceiving ones’ own honesty then money may disappear causing the organization to go bankrupt. If a physician or its staff makes false claims against a patient’s insurance it could put the organization as a whole at risk. The healthcare industry is a billion dollar industry and has a potential of becoming a very huge value to the public. Without accountability employees jobs can be lost and...
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...The importance of accountability paper HCS 475 November 3, 2014 Brandi Muro The Importance of Accountability Paper There are many aspects that play into being a good leader and manager. They are all of similar importance, however; there is one that is particularly important, accountability. Holding people accountable for their actions or lack thereof is important for many reasons. It entails the procedures and processes by which one party justifies and takes responsibilities for its actions. Accountability simply reflects the achievement of sustainable outcomes (Porter-O’Grady & Malloch, 2007). Although it is meant to be a positive process and should be a benefit for the organization, it can sometimes affect the work environment. Why is accountability important in the health care industry? In health care, accountability does not just begin with the front line providers, everyone in the organization is important to making sure everything runs smoothly. This starts from the bottom with those that order supplies and even those that register patients. If patients are registered incorrectly, they may receive the wrong treatments which could result in a very bad situation. Also, if the necessary medical supplies are not on hand, patients could again be put at risk. Unfortunately in health care, small mistakes can lead to life threatening outcomes. How is an employee’s accountability measured in the health care industry? In order for someone to be held accountable...
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...THE IMPORTANCE OF ACCOUNTABILITY IN THE ARMY AND THE POSITIVE OR NEGATIVE IMPACT IT CAN HAVE. By: SGT Looper, Harley Whether you are dealing with property or personnel, proper accountability is of the greatest importance in the Army. Having proper accountability can make or break your mission. As an NCO one of my main responsibilities is the accomplishment of my mission. Knowing where my soldiers and my equipment are will help me to succeed in accomplishing that mission. There are many things that can pop up on a day to day basis that can require my immediate knowledge of where my soldiers are. For example, if we have an IDF (indirect fire) attack and one of my soldiers got injured my knowledge of where they are could make the difference in them getting the timely care they needed. On the other hand if I have no accountability of my soldiers they may not get the proper care and could greatly hinder the mission. On a positive note if there is an IDF attack and I can account for my soldiers in a timely manner that allows me continue with my mission allowing the organization to function more efficiently. Other situations also require immediate accountability of my soldiers. Such as providing important information that will help them to be successful in their mission. Lets say I go to the company and get the news that one of my soldiers has received a Red Cross message, and I have no idea where that soldier is. If I cannot deliver that message in a timely manner it could cause that...
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...What is Social Accountability (SAc)? | | Accountability in common parlance means “answerability”. It is about holding people to account for their impacts on the lives of people and the environment. It involves the rights of those impacted and the obligations of those with power. Thus, accountability can be defined as the obligation of power- holders to account for or take responsibility of their actions.Thus, Social Accountability can be defined as ‘the duty to provide an account or reckoning of those actions for which one is held responsible. Thus, accountability involves two responsibilities or duties: the responsibility to undertake certain actions (or forbear from taking action) and the responsibility to provide an account of those actions’ (Rob Gray, 1996, Accounting & Accountability). | Social Accountability of NGOs | | The priviledge of being an NGO comes with the onus of benevolent and public purpose activities. An NGO comes into existence only with the pre condition of working for charitable purposes involving public benefit without having any profit motive. There is a big difference between the social responsibilities of an NGO and a profit making corporate. A profit making commercial organization may opt for various activities, which enhances its social accountability as well as credibility. An NGO on the other hand has to work for public purposes in order to retain its legal and ethical entity.As organizations interact with a number of other institutions...
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...The Role and Importance of Organizational Accountability in Managing and Protecting Users’ Data October 2010 This document is provided “as-is.” Information and views expressed in this document, including URL and other Internet Web site references, may change without notice. You bear the risk of using it. This document does not provide you with any legal rights to any intellectual property in any Microsoft product. You may copy and use this document for your internal, reference purposes. You may not modify this document without written consent from Microsoft. Microsoft Corp. • One Microsoft Way • Redmond, WA 98052-6399 • USA All rights reserved. Contents The Evolution of Privacy Models in Computing .................................................................................... 1 The Principles of Accountability ......................................................................................................... 2 The Use–and-Obligations Model ........................................................................................................ 3 A Privacy Governance Framework ...................................................................................................... 4 Conclusion....................................................................................................................................... 5 1 The Role and Importance of Organizational Accountability in Managing and Protecting Users’ Data The Evolution of Privacy...
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...The reason for this Rbi is to inform the reader of accountability, the duties of NCO's, and failure to report. Websters dictionary describes accountability as “the state of being accountable, liable, or answerable” and the DOD describes it as “The obligation imposed by law or lawful order or regulation on an officer or other person for keeping accurate record of property, documents, or funds. The person having this obligation may or may not have actual possession of the property, documents, or funds. Accountability is concerned primarily with records, while responsibility is concerned primarily with custody, care, and safekeeping” and responsibility as “the state or fact of being responsible” respectability. While some actions may be responsible, you are always held accountable for the outcome of such. Accountability can also be described as being dependable. By being dependable, soldiers arrive to work and appointments on time, meet deadlines, arrive at the right place at the right time, and always do the right thing at the right time. Morning formation is the most important formation of the day. It is vital to maintain accountability of everyone and to put out any pertinent information that is necessary to soldiers. Without accountability formation, it would be difficult for the command to fully brief soldiers about the days activities or important information. Accountability makes responsibility meaningful and completes the process of delegation. Responsibility is...
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...Personal Responsibility “Personal responsibility is the willingness to both accept the importance of standards that society establishes for individual behavior and to make strenuous personal efforts to live by those standards,” (Haskins, July 2009). Expanding on Haskins definition, for me Personal Responsibility is one’s personal idea that involves working on our own character and skill development to realize that idea. Personal Responsibility comes in different forms and magnitudes, but the substance is the same. Every person should be responsible for their own actions to include personal and professional because a strong and successful society illustrates the characters of responsible people. When applied to college education, personal responsibility means that students accept the responsibility to attend school, study, complete assignments with the ultimate goal of graduating. The moment the student leaps into furthering their education, they embrace the responsibility of investing time and effort anywhere from two to four years at a minimum. This commitment requires discipline, good time management and balance of work, school and family life (Cheema, 2009). The relationship between personal responsibility and college success is the desire and perseverance to achieve the set goal. College success becomes one’s personal responsibility to complete the program. As the student progresses in college, their personal idea of responsibility begins to evolve and improve their...
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...Biblical concepts as written in Scripture underscore the importance of ethical behavior and its relevance in demonstrating to God we trust, believe and belong to Him. Society is built on a foundation of ethical principles important in both personal and business connections. This expected Christian behavior is the foundation of God’s desire for us to not only believe in right and wrong, but to live it through our actions. As references in Leviticus 19:35, “Do not use dishonest standards when measuring length, weight or quantity,” we learn the great importance God places in being faithful and honest. These concepts directly relate to the fields of accounting and finance as witnessed through professional associations, ethical decision-making, and numerous biblical teachings. American Institute of Certified Public Accountants The American Institute of Certified Public Accountants (AICPA) was established as a professional organization to assist members with their role and responsibilities as accountants. More specifically, the foundation of their profession is built upon a Model Code of Professional Conduct guiding members in the basic belief and framework of ethical conduct. These guiding principles call for an “unswerving...
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...The Importance of Accountability Paper Michelle Payden-Wright HCS/475 March 2, 2015 Dr. Lawrence Fergus The Importance of Accountability Paper Accountability is important in the health care industry; it holds an individual accountable day in and day out for his and her own tasks. Holding a person accountable for their actions can also assist in creating accountability for the department, unit, organization, and industry level of the organization. Accountability is considered to be a performance management system to improve and measure quality in the health care industry (O'Hagan & Persaud, 2009). “The good leader works hard to make sure that there is little transfer of accountability from the staff to the leader when it comes to accountable decision making” (Porter-O'Grady & Malloch, 2007, p.116 ). In order to be accountable an individual must be direct with his or actions, decisions and outcome, and in the health care industry there is lack of clarity when it comes to actions, responsibility and results, it is up to the leader to form the ideas that will support the decisions being made. Being accountable is when a person knows what his or her work is worth. Employee’s accountability is measured in the health care industry by setting goals that can be tracked, and employer feedback is also helpful. The "U.S. Office of Personnel Management" (n.d.) website discusses how setting specific goals for each employee will help measure the employees’ performance accurately...
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...Being in the right place at the right time is extremely essential to accomplishing a mission as an employee, whether the goal is big or small. Dependability, accountability, consistency and discipline are all crucially related to being a soldier; however, being on time and in the right place is the most critical part of being a successful employee. Without this aspect of attitude, the mission in place becomes more difficult than need be. Not being on time hinders not only the person responsible, but also the people responsible for him or her. If accountability is not under control, mission capability, and readiness is affected in a bad way. Being a soldier in the United States Army, I am expected to portray myself at a higher standard than the average citizen of my stature. While being on time remains and always will be a vital aspect of military bearing and discipline, without it, we as a whole cannot function to our highest capability. In the army, it is stressed upon every soldier the importance of being where we are supposed to be. It is your responsibility as well as the responsibility of your leaders. They are responsible for your actions and so are you, if you fail to take responsibility of your actions, and it is a reoccurring issue, you can and most likely will be punished under UCMJ Not only is accountability important to complete the mission at hand, but it is more important due to the fact of simply knowing where each individual soldier is at all times. Without knowing...
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...The third objective that relates to the book is Objective 5 – “Integrate advocacy skills in the influence of public policy.” The ultimate premise of the book was that there needs to be transparency and accountability in healthcare. Currently the healthcare system is broken and burdening our families, businesses and national debt (Makary, 2012). Through transparency, however, we can empower consumers to make the practice of medicine more honest, address the cost crisis, and make hospitals accountable to the delivery of safer care. Advocacy is an important role nurses must take for their patients. One example Makary (2012) provided was a nurse who will administer a medicine even if she believes it was ordered incorrectly, because that hospital...
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...Accountability is one of the biggest and one of the key most important things that you need to be in the Army. Being accountable, means being dependable, arriving to work and appointments on time, meeting deadlines, being in the right place at the right time, doing the right thing at the right time. Morning formation is the most important formation of the day. It is made to get accountability of everyone and put out any information that may needs to be dealt with. Without having accountability there is no knowing of where everybody is or what's going on. Not only does accountability matter in formation it is also imperative to have accountability of all your weapons and sensitive items. Accountability means the state of being accountable; liability to be called on to render an account; accountableness. It’s important to be accounted for no matter if you’re part of a formation or some type of business. Being accounted for let’s that subjects accountee know that he/she is at his point of place and time. To be accounted for allows the subject to be somewhere else other than his point of duty, knowing that his command knows of his whereabouts and his status. One likes to believe that being on time is being late, but being early is being on time. The importance of being on time when getting accounted for shows how responsible you are instead of showing up late and know one knowing what has come of you. Incase of something happening spontaneously and you don't have any knowing of how...
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