Developing financial management skills: an educational approach.

One of the nurse executive's most important activities is responding to the new financial pressures in health care. Nurse executives can effectively address this concern through developing nurse managers' financial skills. Financial management seminars can be an effective way to address this development need. This article reports on a seminar in which managers are shown how they can best motivate staff nurses, and provide them with new tools and techniques to perform in a more cost-effective manner.