In Healthcare, Interim Executives Fill a Strategic Leadership Need

The following is a conversation between Witt/Kieffer president and CEO Andrew Chastain and Brian Krehbiel, leader of the new Witt/Kieffer Interim Leadership practice.

Chastain: Over the past 25 years, I’ve noticed the use of interim executive leadership in healthcare has changed. What’s different?

Krehbiel: It was about 25…



Keeping Enrollment Issues Top of Mind during a Presidential Search and Transition

Enrollment is inextricably linked to a higher education institution’s success and thus it is imperative that a college or university president truly understand and embrace this area. Presidential candidates must ask the right questions around enrollment and admission as they interview, and show a definite commitment to working in partnership with enrollment leaders should they be hired to lead the campus. In the following interview, Amy Crutchfield, principal…



The Fading Line: Insights from Non-Profit and For-Profit Healthcare Leaders

 

By Nelson Mann and Margaret Base

As executive search consultants with extensive experience in both the for-profit and non-profit healthcare sectors, we have witnessed an interesting trend in recent years. The “line in the sand” that previously deterred healthcare executives from moving between the two sectors has significantly blurred. Healthcare organizations are discovering the benefits of hiring leaders from outside their traditional sphere, and executives are enjoying the career growth they experience by “switching sides.”

Given significant and constant disruptions in…



How the CFO Influences a Presidential Search and Transition in Higher Ed

Other than an institution’s president, there may be no more important position in academia today than the chief financial officer or VP of finance. As the academy considers its future, the CFO is central to its most important discussions—especially around financial planning, budgeting, capital planning, and more. The CFO, therefore, plays a critical role in the hiring of a new president. In the interview below, Witt/Kieffer senior partner Zachary Smith considers the direct and indirect involvement…



Recruiting Rural Executives: The Board’s Role, Responsibilities, and Mindset

By Beth A. Nelson and James U. King III

“Rural hospitals and health systems often face a leadership catch-22. They need strong leaders to overcome the well-documented challenges facing rural healthcare – limited resources and dwindling populations, for example – but struggle to recruit strong leaders because of these challenges.”

This is how our recent article in Trustee Magazine begins. It is never easy to recruit CEOs and other executives for rural hospitals and health systems. Trustees, we have found,…



“Muddling Along” Is Not an Executive Recruiting Strategy

 

When the Economist Intelligence Unit recently sought expertise for a white paper on challenges in healthcare executive recruiting, one of the experts it turned to was Witt/Kieffer president and CEO Andrew Chastain. As hospitals and health systems look for top talent, Chastain believes, they have to understand what will differentiate them from competing organizations. If executive candidates get the sense that an organization’s leadership team is not interested in innovating, for example, they’ll look elsewhere.

[caption…



Physicians in the C-Suite: Demand Continues to Outpace Supply

 

The growing number of clinicians making their way to the C-Suite — to Chief Medical Officer, Chief Clinical Officer, and other roles — has been noted many times here on the Witt & Wisdom blog. (See, for example, “Health System Leadership: Seeking Physician Executives with Business Acumen.”) This trend is not slowing down and was the focus of the cover story of Health Leaders Magazine’s May issue. Kudos to that publication for a lengthy, well-researched,…



Anticipating Healthcare Executive Transitions

By Andrew Chastain

executive-succession_and_transition_in_healthcare_cover-2There’s a saying that goes, “May you live in interesting times.” These are certainly interesting times in healthcare. The changes happening today toward new models of care will impact the way that healthcare organizations define themselves and carry out their missions for decades to come.

Change is good but an…



Senior Care CEOs: Succession Planning Essential to Preserve Mission

By Diane Tanking and Elaina Genser

According to a recent survey by our firm, there has been remarkable stasis at the top of the senior-living industry: more than half of the chief executives we polled have been in place for 10 or more years. It’s not unusual to hear of CEOs who have served for more than two decades. This degree of strong leadership stability is enviable…



Recruiting Life Sciences Executives: Three CEO Archetypes

By Morten Nielsen

No two life sciences companies follow the same path of growth and development, but they often do go through similar phases as they transition over years from inception to commercialization. The same CEO is rarely equipped to run a drug, device, or diagnostic company from beginning to end, as leadership needs evolve at the same rate as the growing enterprise.

Therefore, different CEOs are often needed to optimize the different phases of growth. There can be many phases…