Experience breeds intuition when it
comes to healthcare executive recruiting. Does it work for horse racing too? I
will not attempt to prove whether experience improves your outcome at the
track. However, healthcare venture capitalists often use horse racing analogies
when discussing ideal investments.
There is an unwritten rule of sorts
that suggests a new leader should just figure out what needs to get done and do
it. In many ways it is a baptism by fire...survival of the fittest. In our
present and future healthcare climate there is no room for Darwinism.
Everything should be done to ensure success because leadership failures affect
everybody.
As a professional healthcare
executive recruiter, my experience in completing more than 225 healthcare executive search
assignments for high-growth companies provides a somewhat differentiated
viewpoint on many relevant issues. Hopefully, this viewpoint will benefit your
company's internal discussions as you develop your strategies to embrace the
new healthcare interoperability and data exchange opportunity.
Reduction in reimbursements
increased spending to support infrastructure, increased costs of Healthcare
Human Capital and benefit expense, etc. The rate of Healthcare change is not
going to slow down; competition will only increase at a more rapid pace; and
the exponential "X" factor of the enormous demand brought on by the
baby boom generation will create the largest healthcare human capital shortage
of our lifetime.
By many measures, the stakes for
hospitals are high. Hospitals who cast leadership development and executive
succession planning will be better positioned for risk management success,
increased profitability and shareholder value and operational continuity in the
21st century healthcare environment
You must be willing to ask yourself
what part your attitude, words or behaviors play in interactions. When I was
asked to help the Board of a major healthcare organization improve the quality
and effectiveness of their meetings and planning sessions, I observed Board
members' discussions, breakout groups and activities during recesses and social
activities.
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