Culture. Productivity. Strategy. Execution. These ideas will never go out of style for hospital and health system leaders.
The following leadership articles were published by Becker's Hospital Review in the last week.
1. Study: 25% of CEOs' time spent on work that could be automated
Approximately one-third of the activities in 60 percent of all jobs could be automated, according to research recently reported by the Harvard Business Review. For CEOs, about 25 percent of their time is currently spent on activities that could be automated, such as analyzing reports and data to inform decisions.
2. The pay difference between 'superstar CEOs' and CEOs of 'superstar' companies
"Superstar" CEOs can earn an average of $7.8 million more than their peers in annual pay, according to research reported by the Harvard Business Review. But CEOs of prestigious firms could be taking home significantly less.
3. Millennials working in healthcare: Solving the leadership dilemma
Much has been written about attracting millennials to healthcare and retaining that talent. But healthcare is already ahead of the game in terms of attracting members of this mission-focused generation: not only is it a growing sector, the fundamental mission of healthcare is a natural fit with millennials' desire to make a positive impact through their work.
4. 6 signs that your growth engine is idling
In the coming years of continued industry change, hospitals and health systems will require more discipline than ever before in their business planning processes. Just as the multi-year ACA rollercoaster ride began to slow down, the 2016 presidential election introduced a new challenge for hospital executives.
5. How hospital leaders can champion a solution to the nurse shortage
While the healthcare industry realizes there is a nursing shortage in the U.S., the solutions for addressing it vary greatly. Which solutions are right for your healthcare facility? Likely a combination of several, but one may surprise you: hiring international nurses as part of your long-term nurse staffing plan.
6. A note to health system leaders on immigration policy
Dear Health System Leaders,
It's not normal for health systems to need a carefully considered and deliberately articulated position on U.S. foreign policy.
Welcome to not normal.
7. Your hospital isn't deliberate about diversity in leadership? Meet Antoinette Hardy-Waller, the woman out to change that
Antoinette Hardy-Waller, RN, has worked in healthcare for more than 25 years. She's spent time as a nurse, home care business owner, board member for a major national health system, and consultant. Yet of all of her experiences, it is the time and energy she pours into The Leverage Network that she considers "passion work."
8. Disruptive healthcare companies to watch in 2017
Healthcare is ripe with opportunity for investors and entrepreneurs. Mobile health, sophisticated consumer expectations, data transparency and preference for on-demand services at a flat fee have ushered in a class of companies that resist the status quo.
9. Leading healthcare innovation
In order for healthcare systems to keep pace and prepare for the future, they must intentionally encourage a spirit of innovation. Of course, healthcare organizations aren't alone in this; the existence of our very species depends on the ability to embrace and adapt to change. Here are five ways to establish a foundation of innovation in an organization of any size.
10. 'We have to be done with pilots' — 5 questions with Geisinger CEO Dr. David Feinberg on the system's radical new population health model
Medical and public health experts generally agree that socioeconomic and environmental factors have an overwhelming influence on health disparity and patient outcomes. If health systems aim to thrive under outcomes- and value-based reimbursement, they must also assume greater responsibility for the health of the communities they serve — both inside and outside of the hospital walls.