FMG Leading Introduces New Approach to Developing Next Generation Healthcare Leaders
July 9, 2024 – Human capital advisory firm FMG Leading has unveiled a new approach to developing high-potential and next-generation healthcare leaders. “The data-driven, collaborative process has reliably delivered high value to healthcare organizations for more than four decades, preparing leaders to effectively navigate the industry’s most pressing challenges and yielding substantial, measurable results,” the company said.
This process is outlined in FMG Leading’s latest whitepaper, “Leveling Up: Improving Healthcare Performance Through Strategic Leader Development.” The whitepaper offers clear advice and best practices around designing and implementing customized, high-engagement healthcare leader development programs, while sharing stories of implementations that created award-winning outcomes, and highlighting common missteps.
At the heart of FMG Leading’s approach is a strong emphasis on purposefully aligning development programs with organizations’ unique cultures and strategies. “This ensures that program goals and outcomes reflect institutions’ highest priorities, driving improvements that have a meaningful and positive impact on financial, operational, and clinical performance,” the company said. “This high level of individualization stands in sharp contrast with the expanding universe of off-the-shelf leadership development options, frequently offered at off-site events and retreats. Because these more common programs exist in a vacuum with no ties to the larger contexts influencing organizations, they rarely yield meaningful organizational benefits.”
Leadership Development
In fact, research conducted in 2023 by The Josh Bersin Company indicates that only 25 percent of U.S. enterprises believe their investments in leadership development are delivering high value; many such initiatives outright fail to have any lasting impact.
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“Rapidly scaling healthcare organizations have overwhelmingly refocused their leadership development investments on highest quality programs created just for their enterprises”, said Matt Brubaker, chairman and CEO of FMG Leading. “These institutions are generating outsized returns by empowering their people with the precise skills they need to reach established performance targets—a key strategy that organizations often overlook.”
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“By raising awareness of a process we’ve seen help healthcare organizations meet quadruple aim goals time and time again, we continue to serve as a trusted resource for organizations looking to overcome today’s industry challenges and change the healthcare system for the better,” Dr. Brubaker said.
“Leveling Up: Improving Healthcare Performance Through Strategic Leader Development” is free for download at https://www.fmgleading.com/insights/leveling-up.
FMG Leading is a human capital advisory firm that works alongside executives, boards and investors. The firm helps clients maximize human capital initiatives, drive transformative change and accelerate growth.
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Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
