Leadership Turnover in Healthcare Organizations

Over the past two years, healthcare organizations have seen a number of executives and leaders leave their positions. Honor Health experienced turnover of two senior leaders, while Memorial Healthcare System saw high turnover at the VP and director levels. At Catholic Health, VP level positions are being prioritized significantly due to a growth phase.

Strategies for Filling Leadership Positions

To build a diverse candidate pool for leadership positions, organizations should consider strategies such as:

  • Getting comfortable with ambiguity
  • Building team culture through cross-functional collaboration
  • Focusing on talent calibration and succession planning
  • Leveraging professional development opportunities
  • Partnering with local graduate school programs for internships

Additionally, the panelists discussed the importance of balancing internal and external hires, taking into account potential cultural fit, and identifying hidden talent.

Transitioning into C-Suite Positions

The panelists offered their advice on transitioning into C-suite level positions, emphasizing the importance of building relationships, listening, asking questions, and focusing on strategy and vision. They also discussed the benefits of taking time to get comfortable with the new role and seeking guidance from mentors and guides.

Conclusion

Leadership turnover is a challenge in the healthcare industry, but organizations can take steps to build a diverse candidate pool and fill positions strategically. As healthcare continues to evolve, it is crucial for organizations to prioritize leadership development and transition effectively into new roles.

 

Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to events@beckershealthcare.com

This panel was live on 04/03/2023 at the event listed here.

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