Dr. Lennerz will speak during the Becker’s Hospital Review 4th Annual Health IT + Revenue Cycle Conference on the “Financial Sustainability of Precision Medicine: Current Issues and Applications” at 9 a.m. on Thursday, Sept. 20. Learn more about the event and register to attend in Chicago.
Question: Can you share your best advice for motivating your teams?
Dr. Jochen Lennerz: Be extra-terrestrially motivated. Your team only has very few minutes with you. So seeing you angry, annoyed or unaware of the mood of the team is a double downer. Listen to the team and spread the love.
Q: What’s the best thing you’ve read lately?
JL: The best thing I’ve read recently is a fact about a hedge fund manager who predicted the global financial crisis in 2007. Briefly, he published an essay entitled, “How the Economic Machine Works: A Template for Understanding What is Happening Now” followed by his book “Principles,” which both capture a lifetime of his personal observations. The best thing I’ve read however is that he signed The Giving Pledge, vowing to donate more than half his fortune to charitable causes within his lifetime. His name: Raymond Dalio.
Q: What is your No. 1 dealbreaker when it comes to evaluating vendor partnerships?
JL: When it becomes clear that vendors are unable to understand or assume any other perspective than their own; in essence “the egocentric vendor.” We involve our vendors very closely because we all attempt to improve clinical practice. Every day. Ultimately we are all part of one team, because we will all be patients one day.
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
