“As Iron Sharpens Iron, So One Man Sharpens Another”
Proverbs
27:17
When people have a partner they trust, they will
always reach for more because they know that they have a colleague, coach or mentor helping them, and expecting them, to attain
that goal.
The
future of healthcare management in the US and the World for that matter rests largely in the hands of mid-careerists health
executives as well as those only now entering the field. Our future health executive leaders are those who aspire to new and
greater management opportunities and understand they must develop leadership skills to be effective in their work.
“HealthYncubator: Incubating Success”
What
We Do
HealthYncubator is an innovation and leadership
development company focused on incubating healthcare
executives and assisting them to develop creative
ways to lead and better manage their responsibilities
within their
respective organizations.
Through
one-on-one coaching, advising, and mentoring, we help the executives
continuously evolve and grow as health professionals.
We accurately perform SWOT assessments in order to
appropriately coordinate, structure,
and execute their business practices.
What Makes Yoda an Effective Coach?
The Star Wars Saga
In the second film of the Star Wars saga, The Empire Strikes Back, Luke Skywalker discovers that he needs help on
his journey to become a Jedi Knight. He recognizes that he cannot achieve his true potential without some guidance and training.
He needs someone to provide direction and practical knowledge so he can acquire the understanding and skill to use The Force,
the energy in the universe, wisely and effectively.
Yoda, whom Luke meets on an isolated planet in the galaxy, initially appears to be an unlikely
guide for such a momentous journey. Yet the elfish character puts up with Luke's initial insolence and arrogance, takes
him under his pointed ears and manages to bring out the Knight that is within him. Yoda demonstrates, as the coach of coaches,
how to give support to a promising individual, how to offer challenges that permit one to learn and grow, and how to provide
vision so that the "protégé" gains confidence and, eventually, independence to lead.
For Every $1.00 Spent $7.90 is Earned in Return
Booz Allen Hamilton
HealthYncubator is a firm that supports and augments a healthcare organization’s Board of Director’s
succession planning as well as the CEO’s mentoring and executive development initiatives. Our model is executive coaching
and unlike traditional organizational development consulting, we use our coaching platform as a foundation to achieve short
and middle range goals, and our alumni mentoring program to keep them on track throughout their careers. We further customize
our coaching relationship to meet the demands of the CEO or Board, and the individual needs of the protégé.
A recent
survey by Manchester Consulting of their Fortune 1000 clients found that respondents’ utilization of professional coaching
resulted in:
77% improved relationships with their direct reports;
71% improved relationships with their
bosses; and
61% noted improved job satisfaction.
Additional evidence shows that executive coaches
offer a substantial return on investment. According to studies conducted by MetrixGlobal LLC, several employers, including
consulting firm Booz Allen Hamilton, have received an average return of $7.90 for every $1 invested in executive coaching.
Among the benefits to the organization are better team chemistry, improved performance, and higher retention rates.
The Pressure to Avoid Failure can Lead
to It
U.S. Productivity
While on-the-job experiences and continuing education
go a long way toward preparing tomorrow’s leaders, the value of executive coaching and long-term mentoring these individuals
is a must in today’s rapid change environment.
Professional organizations such as the ACHE, MGMA, AHCA and ACPE all outline mentorship programs they ask their
members to take on as an important aspect of a protégé’s lifelong learning and leadership skills development
process. However, as health organizations continue to deal with reimbursement issues, regulatory and ethic concerns, rapid
changes in service markets, mergers with other organizations, downsized and/or reorganized staff, executives' job responsibilities
and workloads are in a constant state of flux where the executive team’s time has tripled in value over the past 10
years.
This pressure can prevent capable executives from making visionary and innovative decisions. While your team may be performing
their jobs effectively, they may not be developing the skills necessary to grow and evolve into the leaders your organization
or the country needs to lead the changes required for future survival and success. To combat this situation, you should consider
how an executive coach can enhance your executives’ performance.
Strengths, Weaknesses, Opportunities
Threats
Marion Kaufman Foundation
Coaching in health management is relatively young, but
over the past ten years Fortune 1000 company CEOs have increasingly turned to executive coaches to improve their personal
and team performance. Today many of these companies are hiring executive coaches to train hundreds of their executives and
potential executives at a time.
To be forward thinking health executives, we must understand that innovation is needed to compete today, not
only in the ways we provide health services to our customers and deal with our suppliers, but also in how we develop ourselves
and those future executives taking over when we retire or move on to another position.
Just as business consultants perform SWOT analysis
on the organization, an executive coach performs a SWOT on the individual executive in order to assist him or her to define
their strengths and weaknesses, and understand the opportunities and threats that exist in their current work environment.
Once an assessment is completed and gaps are identified, the executive coach creates a plan with the individual and guides
the executive through the specific goals taking advantage of this knowledge and the desired results outlined by the CEO and/or
Board.
For
the individual protégé, the impact of executive coaching can be the difference between a dead-end job and a
fast-track career. Our executive coaches can help healthcare executives smooth out the rough edges in their personalities
and manage their time efficiently so they can balance their long hours at the office with quality-of-life concerns such as
enough time for personal health, family, civic service, hobbies, relaxation, and faith needs.
Execute Your Plan
Peter Drucker
Health executive coaching does
not preclude the need for mentoring. Rather, it is another tool to help you, whether you're an early careerist or a seasoned
senior executive, improve your skills and become even more successful in your field.
Please contact me personally, so I may answer anymore
of your questions and we can discuss how to engage our firm to serve you.
Sincerely,
Gordon
Gordon Jones, DHA, MHSA, PAHM, PPM
Owner & Coach
Gordon@healthyncubator.com
706-564-9275