Archived Publications eBook: Confidence in the Development of your Futur | Seite 13

• Identify true future leaders. They understand that high performance does not automatically imply high potential to be future leaders in this new healthcare environment. Succession planning must include testing for “future potential” separately from the performance review. It is also important to ask about prior experiences that might relate to future business challenges and to focus on having succession discussions that are data-based, rather than opinion-based. • Develop to diversify skills. They not only pick leaders, but also people who can solve complex future problems. Why? Because external factors influencing the hospital (regulatory changes, patient demographics, etc.) have much more weight than most internal factors like experience and leadership ability. Under these new rules, development plans should be diverse so that they expose successors to areas different than their current functional expertise. This ensures flexibility in their future ability to solve diverse problems. • Focus reporting on future business scenarios. Succession-planning reporting includes overall status/readiness to address challenges; those are who are considered a future leader for each future challenge; and how curriculum development is progressing. The successor group is also reported on as a separate population. Ultimately, in changing one question, we create a more meaningful pipeline of leaders to improve the hospital’s readiness to address future critical challenges. Are you ready to ask the question? THE TIME IS NOW! Never has succession planning been more critical, yet hospitals are struggling to put plans in place. 18% Survival Rate 20% 52% Percentage of hospitals with CEO succession plans 51% Percentage of hospitals with senior leader succession plans Percentage of hospital CEO turnover between 2012 and 2013 Sources: American College of Healthcare Executives & Witt/Kieffer Please send any comments to WFAdvisor@healthstream.com or tweet us @HealthStream. HealthStream.com/contact  • 800.521.0574 •  13