A Looming Leadership Talent Crisis
Can you solve the leadership gap?
How can organizations face today’s challenges with nearly 20% senior leader turnover and more than a third of leaders failing in the first 18 months? As healthcare’s leadership challenges mount, the failure to find, develop, and retain effective leaders is going to catch up to some organizations.
Effective leadership today requires a unique mix of skills – mostly behavioral, including high levels of emotional intelligence, relationship-building, communication, strategic thinking, and change management. Healthcare can learn from the progressive leadership talent strategies used in other industries, starting with defining the skills required today, and tomorrow, and then measuring and developing the most important behavioral skills, in candidates and incumbents. This paper also explores the characteristics of successful succession planning efforts.