The purpose of this assignment is to begin drafting an internal business proposal that outlines how you will implement the solution to the problem you have identified in your organization. There are several parts to this assignment, and each part has been explained and briefly outlined in the “Business Proposal Project Summary” resource

The purpose of this assignment is to begin drafting an internal business proposal that outlines how you will implement the solution to the problem you have identified in your organization.There are several parts to this assignment, and each part has been explained and briefly outlined in the “Business Proposal Project Summary” resource. This document should be used as a guide to assist you with constructing key elements of the proposal. Word count guidelines are provided for each section of the business proposal. For this assignment, you will complete the Purpose Statement, Problem Statement, Data and Research Findings, Proposed Solution, Stakeholder Analysis and Benefits, and Implementation Methods sections of the business proposal. Utilize content that was generated in the Topic 1-4 assignments, as well as implementing instructor feedback, to complete the sections as noted below. Evidence of revision from instructor feedback will be assessed on the final business proposal.-Purpose Statement (100-250 words) provides clear statement of why the business proposal is being made.-Problem Statement (revised as needed from Topic 1 assignment feedback) including specific data (statistics and numbers) related to how the problem impacts the business. This part of the proposal should include the graph/chart/data you collected in Part 1 of the Topic 2 assignment.-Data and Research Findings (250-500 words) should include a summary of what you learned from conducting research related to what has already been done to address the organizational problem. This part of the proposal should include the graph/chart/data you collected in Part 2 of the Topic 2 assignment.-Proposed Solution (250-500 words) should include a summary of the top three problem solutions you considered to address the problem. In addition to including the graph/chart/data you collected in Part 3 of the Topic 2 assignment, this section should provide a succinct discussion of the pros and cons of implementing each of the top three solutions being considered to address the problem.-Stakeholder Analysis and Benefits (500 words, revised as needed from Topic 3 assignment feedback).-Implementation Methods (250-500 words) summarize specific strategies that will used to implement the problem solution, including time and costs associated with implementation.It is important to include specific data throughout the business proposal. Include statistics that support the problem statement that can be used to establish and track goals; relate to specifics of implementation, timing, and cost; and illustrate stakeholder benefits. The proposal is an internal document that will be read by stakeholders within the organization where the problem exists, so keep this in mind and focus on this audience as you write. Within the Word document, include subsection titles to organize content according to the categories listed above to provide easy reference points for the reader.Problem Statement: The high nurses’ turnover has significantly gone up by 30% over the previous year. As a result, the hospital has incurred more costs of $800,000, poor service delivery, low productivity, and revenues ($1 Million in loss). After carefully analyzing the issue, various problems were realized. First, high workloads led to burnout and exhaustion for nurses. Subsequently, lack of motivation and appreciation, low morale, and job satisfaction increase turnover. In addition, lack of compensation and benefits, poor working conditions, and lack of resources also played a massive role in nurses leaving the hospital. Lastly, poor communication between the hospital’s management and the staff was a significant factor. Although the high turnover rate of nurses has significantly impacted the hospital, applying the relevant strategies such as reducing nurses’ workloads, appreciating their efforts, offering compensations and benefits, improving working conditions and communication, and providing the necessary resources would go a long way in solving the problem.

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