As I write in my upcoming article:
“AMCs have an incredible aggregate of talent and capabilities, but have been relatively slow to make decisions because their academic culture makes them largely consensus-driven organizations.”
Ora Pescovitz, MD, CEO of University of Michigan Health System used the word “nimble” several times in our interview last November. “Academic medical centers have excelled at the innovation. Creativity is in our DNA. Where we need to improve is in our ability to be more nimble, more flexible and more adaptable. That requires a culture that is prepared to evolve,” she says. “We’re not as adaptable or responsive as our competitors.”
So how does one develop a culture that adapts, and is flexible and nimble? I guess will have to read Mr. Bryant’s new book to find out.
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.