How new CEOs play tough hands
02/27/24 at 02:30 AM
How new CEOs play tough hands
Becker's Hospital Review - Leadership & Management, by Kelly Gooch and Alexis Kayser; originally posted 2/16/24, redistributed 2/26/24
It's a rare CEO that doesn't dream of a seamless transition. Unfortunately, the healthcare industry is riddled with seams. In addition to long-standing systemic challenges, each hospital and health system comes with its own set of concerns that may include high turnover, financial losses and/or recent job cuts. What's more, trust is paramount — but fragile — in the early days of a CEO's tenure. The responsibility can be tough to navigate as employees express doubts based on the past and boards bring demands for the future.