Loyalty in the workplace is scarce, as more professionals seem to change jobs more often. Frequently, however, executives use this trend to justify why good people leave. They may view a lack of employee loyalty as inevitable, says Witt/Kieffer senior partner Jon Derek Croteau, when in reality they have a good measure of control in regards to retaining talent.
The root of the problem: “Many employers don’t…
Expectations for healthcare CFOs are drastically evolving and expanding. In the past, organizations looked for executives who could expertly manage the bottom line and support their organizations’ long-term financial health and stability.
Today, a typical healthcare CFO search targets an individual who, while still managerial in many respects, is much more strategic and visionary, says Anne Siders-Robinson, Witt/Kieffer senior associate. “Terms like innovative and strategic are often the leading…
Patience may be a virtue, but it is certainly not top priority for the 12 newly honored Modern Healthcare Up & Comers. These dynamic under-40 executives have gotten to where they are by shunning patience and seizing opportunities to influence their colleagues and organizations. A few examples:
Self-awareness is a crucial element of leadership success. History is full of great leaders who understood their limitations and played to their strengths. It’s also littered with fallen heroes who overlooked their tragic flaws.
Many high-ranking executives today are lacking in self-awareness, notes Richard Metheny, head of Witt/Kieffer’s Solutions for Exceptional Leadership practice. This isn’t entirely their fault, however. Frequently, he says, the higher a leader rises in an…
Healthcare CEOs are used to having various incentives built into their compensation packages. Traditionally, however, these incentives related loosely to the organization’s financials, or if a measurement related to institutional quality, it tied primarily to patient satisfaction.
No longer, says Andrew Chastain, managing partner of Witt/Kieffer’s Southern Region. Today’s healthcare executive compensation packages are about “literal outcomes,” he says. Boards…
Most institutions of higher education today are “very serious” about developing diversity among their top administrators, believes Witt/Kieffer senior partner Oliver Tomlin. That’s a vast improvement from the past, he says. But it doesn’t mean that schools and search committees still can’t learn a thing or two about developing diverse leadership—a recent American Council on Education (ACE) survey noted that minority…