Archived Publications eBook: Confidence in the Development of your Futur | Page 10

Succession Planning for a Dynamic Healthcare Future Nicholas Ferreira Senior Product Manager, Talent Management HealthStream As hospitals prepare to solve new business challenges, it’s time to reinvent succession-planning models. The business of healthcare has changed and continues to do so at a fast pace. Organizations are flatter and face a future of managing complex care and business models with fewer resources. It’s a value-based world now with more transparency, complexity, and resource constraints than ever before. For innovators and problem solvers, it’s also an exciting time to lead a hospital. As hospitals ramp up talent management programs and focus intensely on improving quality and the patient experience, they will require nimble leaders who are both generalists and specialists. These people will drive their organization’s future strategies, solving new challenges likely to occur two to five years from now. Most importantly, these leaders will need to be able to successfully maneuver through guaranteed uncertainty. 10