Options trading. I don’t mean puts and calls. And this post has nothing to do with the stock market. I’m talking about hedges. Hedging the bet you’ve made on your group’s future, “bet” being used in the manner of the strategy you’ve adopted to achieve your group’s focused future. You’ve made that bet, haven’t you?…
For physicians, protecting your turf requires a balanced approach.
Sorry. None of your patients, referral sources, or the hospitals at which you practice cares about your success. Surprise! They care about themselves. The key, then, is to tie, for a moment or for years, to the achievement of your “partner’s” goals by delivering something they value. Think for a moment of the Girl Scouts….
Male hummingbirds, those cute little avian rockets, are absolutely vicious when protecting their turf from other males of their species. They’ll fight to the death. But for physicians, protecting your turf requires a more balanced approach. Especially when it comes to deciding what to protect. For example, some physicians believe that they will be able…
Does your medical group have a strategy to succeed, or are you simply hoping not to fail?
Is your medical group playing to win—or just avoiding loss? Passive strategy leads to decline. Chart a bold course instead.
Many physicians, even physician group leaders, have trouble with the notion of transformational change because today’s payor and hospital centric status quo is their “normal.”
I was 16 and it was my third “real” job – working at McDonald’s. It’s been, well, a lot of years, but the lessons learned on that job still stick. During my McDonald’s training, I was bombarded with sayings that not only gave direction to the work level that was expected of me, but which…
Physicians must evolve from passive to proactive to avoid being overwhelmed by hospital-centric models and face loss of autonomy.