Thoughts on the philosophy of business and life
The Wall Street Journal reported that Japan’s 100 year old Sharp Corp. announced that it had doubts that it could remain as a going concern. Sharp had invested heavily in building liquid crystal display manufacturing plants in order to compete with its South Korean rivals, only to have the market collapse. Sharp’s president was quoted as…
You couldn’t ask for a better analogy to illustrate the difference between entrepreneurial practice and the bureaucratic world of one size fits all medicine envisioned by many pundits as the preferable world of the future. Dinner at the family-type chain restaurant, Rock Fish. Pleasant but not fancy, yet clean and decorated nicely. We were greeted…
Many medical practices operate as if no one is driving the bus.
Limiting beliefs can block physician leadership and career growth. Reframe internal barriers to unlock potential and advance strategically.
The battle between patients’ physicians and hospitalists rages on. But who asked the patient?
Sally hired Beth, the most sought after wedding planner in Centerville to coordinate her wedding at the Community House, a high-end hotel. Beth planned the flowers, the menu and every other aspect of the ceremony and reception. You see, Sally had hired Beth for her expertise; the Community House was just the place, a nice place, where the event would occur.
Like explorers needing horses, medical groups must negotiate early. Don’t wait until you’re desperate—start planning now.
Physicians must evolve from passive to proactive to avoid being overwhelmed by hospital-centric models and face loss of autonomy.
Just as conversations help frame contract discussions, conversations help frame the shape of entire industries. Right now the frame in healthcare is greater cooperation between hospitals and physicians: alignment, ACOs, direct employment, collaboration. The result of that frame? Greater control by hospitals over physicians. But there’s no reason why that frame can’t be hijacked to…
Medical groups face a pivotal choice: commoditization or creating an experience monopoly. Which path will define your future?