The ”New Normal” For The C-Suite – Learning Agile Leaders

The ”New Normal” For The C-Suite – Learning Agile Leaders

A look at agility and leadership and 4 strategies CEOs can use to create a learning agile C-suite team in their organization.

What are CEOs looking for in the next generation of C-Suite leaders? Let’s look at three real-world examples:

1. Growth Leaders – The CEO of a multi-billion dollar industrial products company boldly sets an ambitious growth goal of growing revenue by 40% over a three-year period. He has a Board-approved strategy, a solid operating plan with targets, and a newly developed business unit organization structure to implement it.

But he also knows that this is the easy part. What’s the hard part? It’s building a cadre of leaders who can grow the company at a rapid clip. No one has asked them to do anything like this before. They have good managers, but do they have growth leaders?

2. Champions of the Greater Good – The CEO of a large, global educational services company is reorganizing to increase its impact in the company’s areas of focus. The new organizational model will enable linkages across the company, connecting people from various disciplines together to innovate and drive marketplace success.

The CEO needs to staff several newly defined senior executive roles with leaders who will drive collaboration across former fiefdoms and make decisions that put the company, not their unit, first. Which leaders will have not only domain expertise but also the ability to wear an “Enterprise Hat”?

3. Transformational Leaders – A well-respected publishing company is transforming its brand. It must reach new audiences with ever more impactful content and diversify its traditional sources of revenue. The CEO came on board with a change imperative and is heading into the third year of a multi-year transformation process.

After collaboratively developing a strategy with her Board and engaging all employees in the change process, the time is now to see the changes implemented flawlessly. She needs her leadership team to collaborate across silos, make difficult strategic and operational decisions and lead with a more integrated “One Company” mindset. Who will help her lead this transformation?

New era of healthcare fraud investigations puts spotlight on the C-suite

http://www.beckershospitalreview.com/legal-regulatory-issues/new-era-of-healthcare-fraud-investigations-puts-spotlight-on-the-c-suite.html

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More and more, the government is holding individuals — not just the organizations they work for — responsible for fraud.

Traditionally, healthcare companies were only expected to provide information about the underlying factual situation in a fraud investigation. However, these investigations have become more complicated, as the Department of Justice has taken a strong stance on pursuing healthcare executives involved in fraud cases to hold them personally responsible.

Venson Wallin, managing director of BDO’s Healthcare Advisory practice, recently spoke withBecker’s Hospital Review about the shift in individual accountability standards and steps hospital and health system executives can take to protect themselves from liability.

What Recruiters Look for in a Clinician Executive

http://www.healthleadersmedia.com/physician-leaders/what-recruiters-look-clinician-executive?spMailingID=9684843&spUserID=MTMyMzQyMDQxMTkyS0&spJobID=1021022376&spReportId=MTAyMTAyMjM3NgS2

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The ranks of physicians and nurses in the C-suite are growing, but aspiring leaders must be prepared for strategic roles.

How to build execution into your new strategy

http://www.fiercehealthcare.com/hospitals/hospital-impact-how-to-build-execution-into-your-new-strategy?utm_medium=nl&utm_source=internal&mrkid=959610&mkt_tok=eyJpIjoiTnpKak5USm1NekpoT0dGayIsInQiOiJHcW9xZ2F6Uk04aEdTSm90bVwvbnI5OUszR1R1bzcrdlZrUUJDMDh0S1RqSWZWRU9lcUhcL1c4cjcwZUFMTng5STluMGV3SVJiNlJnWDFiTm1qSDArenRqdCtQVVg0VkRHVnNYZ3ZwSExleHhzPSJ9

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One of the many challenges facing today’s healthcare strategists involves convincing the C-suite and leadership teams, as well as the entire organization, to implement a new strategy. Even when the new idea is supported by abundant data and there are excellent reasons to embrace the strategy, far too often change is a hard sell, and even harder to make happen.

In fact, change is painful, not only for organizations but also for the individuals working within them. Choosing a new direction, moving into new markets, altering processes in order to embrace MACRA or shifting to value-payment models may all be necessary–but very challenging to implement. Many times, people prefer to stay wedded to old ideas and prior strategic directions.

Make room for lawyers at the hospital C-suite table

http://www.fiercehealthcare.com/hospitals/lawyers-increasingly-play-a-role-health-system-c-suites?utm_medium=nl&utm_source=internal&mrkid=959610&mkt_tok=eyJpIjoiTVdZNE9UbGtZemxtTXpBMCIsInQiOiJVS01rMXhPNVNhS1c0V2JKaE53TSthTHg0dWFnaXVtcUtXeEZlK0VqQTk3SFBNTG01aEJpVVN0aFhqRDZ5cmFGYitGUmtrZHV0K0JGMHBcL2twN2RBeUpSSk5MaW5vS0NcL25JQTk3T2FFTUhrPSJ9

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http://www.beckershospitalreview.com/legal-regulatory-issues/lawyers-the-new-player-emerging-in-the-health-system-c-suite.html

As payment models shift and other industry changes shine a spotlight on regulatory concerns, it’s becoming more and more common for hospitals and health systems to use in-house attorneys.

These legal experts are becoming a C-suite mainstay, too, according to an article from Becker’s Hospital Review, as roles like chief legal officer gain importance.

“Gone are the days where CEOs could afford to say, ‘I hate lawyers,’ or, ‘I don’t want to deal with lawyers,'” Werner Boel, principal and practice leader of legal services at executive search firm Witt/Kieffer, told Becker’s.

Though smaller hospitals may not be able to afford an in-house team, many larger systems are investing in a group of attorneys. Having on-site legal advice beyond general counsel, for example, can help hospitals navigate mergers and increased oversight from institutions such as the Centers for Medicare & Medicaid Services related to privacy and anti-kickback laws, Boel told Becker’s.

Boel emphasized the need for a true team, according to the article, as having a group of lawyers with diverse regulatory knowledge is key to helping hospitals weather any number of storms. Other executives must also be open to the legal team’s advice, and must actively engage with them on legal matters, Boel said.

A knowledge of regulatory matters can also benefit the executive team, according to the article, as roles like compliance officer and even CEO are increasingly filled by people with a legal background. These leaders have the right mix of experience to help guide change in hospitals under the constraints of healthcare reform, Boel said.

Is the CQO Position Needed?

http://www.healthleadersmedia.com/quality/cqo-position-needed?spMailingID=9476343&spUserID=MTMyMzQyMDQxMTkyS0&spJobID=1000559816&spReportId=MTAwMDU1OTgxNgS2

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In a healthcare system’s most mature state, everyone owns quality,” says Baylor Scott & White Health’s chief quality officer. So if everyone owns quality, why have a CQO?

As Healthcare Changes, So Must its CEOs, CFOs, COOs…

http://www.healthleadersmedia.com/leadership/healthcare-changes-so-must-its-ceos-cfos-coos%E2%80%A6

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To keep up with big changes in how healthcare is administered, financed, and organized, top leaders are finding a need for new talents and organizational structures.

Ex-executive who helped feds with Sacred Heart probe given year in prison

http://www.chicagotribune.com/news/local/breaking/ct-sacred-heart-hospital-fraud-met-20160824-story.html

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http://www.beckershospitalreview.com/legal-regulatory-issues/former-sacred-heart-executive-gets-1-year-prison-term.html

50 states of population health

http://www.beckershospitalreview.com/lists/50-states-of-population-health.html

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We asked hospital executives from every state in America about their No. 1 health concern.