Women in Healthcare Leadership78% of the healthcare workforceExecutive/senior leadership positions:Health system CEOs 25%Nurses 60%Hospitals 54%Pharmaceutical/medical manufacturing 29%Medical equipment/supplies 21%
Healthcare is Rapidly Transforming• Changing demographics• Shift to value-based payment• Accountability for cost and quality of care throughout the continuum• Transparency• Declining payments• New technology• Difficulty in raising capital• Federal and state reform and legislation
Leadership vs. Management• Leaders lay the track• Managers make sure the trains run on time• Leaders are thermostats• Managers are thermometers• Leaders thrive on change• Managers attempt to maintain a steady state
Why Are Women Uniquely Positioned to Lead?• Relationships among executives, physicians and patients are evolving• Women naturally possess skills to obtain desired results: Nurturers Effective communicators Multitaskers Collaborators• Transformational vs transactional leadership styles are more effective• Diversity improves decision making “I’m a daughter-in-law, a wife, mom to three kids and you’re asking me if I can• Advanced degrees earned by women provide multitask? competitive credentials
How Do Female Executives Navigate the Obstacles?• Believe in yourself• Develop yourself• Develop others• Forgive yourself Motherhood Memo to Marissa Mayer: Parenting Skills Provide and Edge in the Workplace
Leading in Challenging Times• Be prepared to address the immediate while articulating the vision• Cultivate your paranoia• Understand that we live in a fishbowl• See with a microscope and a telescope• Stay grounded
From the Executive Suite to the Board Room• Obtain line experience• Fill in knowledge gaps• Package yourself• Consider smaller local companies or non-profit boards as stepping stones• Be realistic about the time you have to commit• State your governance goal to others and ask for advice• Network with current board members• Get to know consultants/headhunters who specialize in board searches• Expect the nominating committee to include women in the slate of directors• Ask senior executives in all industries if there is a woman on the board of directors Lynn Shapiro Snyder, WBL Founder and President, and Health Care Practice Leader, Epstein Becker & Green, PC
When storms approach, somebuild big walls, while othersbuild big windmills Old Chinese proverb
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