Practitioners are a foundational element in providing quality patient care. As a result, it comes as no surprise that the current talent shortages—and continuing economic uncertainties—will adversely affect healthcare organizations’ ability to provide consistent, excellent care. To address these challenges, healthcare organizations must:
Prepare for talent shortages. Despite the current easing of the nursing shortage due to the recession, the scarcity of qualified practitioners is projected to grow to 260,000 registered nurses by 2025.
Develop tomorrow’s leaders. According to research from the American Management Association, fewer than 7 percent of healthcare organizations are seen as well-prepared to deal with a sudden loss of key leaders, only 8 percent possess a robust leadership pipeline, and 44 percent have only adequate bench strength.
Plan for succession. Although the American Management Association study showed that 74 percent of healthcare organizations believe that succession planning is more important now than ever, almost one-third are doing no succession planning at all and another 25 percent place the responsibility entirely on the human resources department. Continue reading >>
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