May 4, 2012
Budgets are shrinking, cash is scarce, licensing and legislative rules are changing, and reimbursement rates are either stagnant or shrinking. What’s a leader to do? We went in search of answers to this question in this month’s OPEN MINDS Management Newsletter when we asked five successful chief executive officers to share their challenges – and the steps they are taking to address a changing market. Check out these great perspectives:
On my colleague John Talbot, Ph.D., OPEN MINDS Executive Vice President, wrote about continual learning as an emerging competency in a market environment where the shelf life of knowledge is increasingly short (see The Best Leaders Are The Best Learners all members). In addition, the ability to manage change—and specifically the ability to change strategies quickly and with very little warning—is a “must have” skill that will give today’s industry leaders the ability to bring their organizations along the proper path. Or, in the apt words of Howard Shiffman, “In this environment you cannot get attached to what you create. You will need to eliminate what you liked in the past if it is not relevant today.”
For more CEO perspectives from our Industry Library, check out:
Flight Of The CEO all members
And, for a real time CEO experience, we’re featuring some great CEO perspectives at our upcoming 2012 OPEN MINDS Planning & Innovation Institute in New Orleans. Check out the session, Creating Your Strategic Game Plan: Deciding What To Do, When To Do It & How with Hampton-Newport News Community Services Board Executive Director Charles A. Hall, Expanding Your Service Lines & Revenue With Cognitive Retraining with Brain Resource, Inc. Chief Executive Officer Gregory A. Bayer, Ph.D., and From Vision To Practice: How To Successfully Incorporate Telehealth In Your Organization with Shannon Freedle.
Monica E. Oss
Chief Executive Officer, OPEN MINDS
For another free resource, see: Will Your Culture Eat Your Strategy For Lunch? all members
This is free for the next sixty days to all registered OPEN MINDS Circle members.