Health IT

How to succeed as health exec in 2014

2014 is going to be the most important for the healthcare industry in a long time. It is the year where many regulatory changes are coming into action while physicians, healthcare providers and medical centers work day and night to stay compliant and ahead of the curve. In such a scenario, most of the physician […]

2014 is going to be the most important for the healthcare industry in a long time. It is the year where many regulatory changes are coming into action while physicians, healthcare providers and medical centers work day and night to stay compliant and ahead of the curve.

In such a scenario, most of the physician fraternity wants a leader who can facilitate change across complex organizations. As 2013 told us, the health industry has been challenged to keep pace with change. At the same time, all organizations realize that during this climatic change, awareness is key to success.

There have been many changes in the leadership roles of healthcare organizations. New roles have emerged such as chief medical information officer, chief accountable care officer and chief data officer.

In the last decade, there has also been a great turnover in the industry, including the highest CEO turnover. Every leader in the healthcare industry has had to help his organization to deal with change. They have had to lead the change more effectively, dynamically and more quickly. Let’s give you a few skills every healthcare executive must have to succeed in 2014.

Interconnectivity

We need leaders who understand how to engage themselves at the synapse or the flow of information. There is very little time to interpret a huge amount of information that leaders cannot just rely on legacy methods. Leaders who are able to engage with their organizations in an inclusive way will be the ones most successful.

Innovation

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The ability to think differently and innovate differentiates the good leaders from the average ones. All healthcare leaders will be challenged to think differently in order to adjust to change and to lead change while designing new models of care. The term innovation has been increasingly used since 2013 and will become vitally important in 2014.

The concept of innovation has been around for a long time but there are only a handful of leaders who can do it. Innovation is crucial to ensuring success. It will become all the more important with the newly coined phrase, “innovate or die”.

Communication

While communication isn’t a new skill, it gets a whole new meaning when coupled with “interconnectivity” and the race to get information. Looking for newer and better ways to communicate greater amounts of data will become all the more important. The ability to communicate in the most effective way is virtue of great leaders.

As the industry moves towards a data-driven culture, communication skills of leaders will be that much more important. In the past, form and style of communication had more value. Now, with such a huge amount of data available, communicating what’s important in the best way becomes more important.

The successful combination of these skills would define how the leaders take the industry forward into a newer and better era. Leading change at the vortex of information, creating agile, systematic response mechanisms, communicating vast amounts of information and building organizations with the ability to act on that information – will be the holy grail of leadership in 2014.