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Plenary 3 moskowitz marriage workshop

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2013 Physician Well Being Conference

2013 Physician Well Being Conference

Published in: Health & Medicine, Business

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  • 1. Maximizing Your Vital Resources: Values-Based Time & Money Management PETER S. MOSKOWITZ, M.D. EXECUTIVE DIRECTOR CENTER FOR PROFESSIONAL & PERSONAL RENEWAL PALO ALTO, CA Foundation for Medical Excellence October 5, 2013
  • 2. Disclosure Statement • Peter S. Moskowitz, M.D. reports he has no relevant financial relationship with any commercial entity, other than his own consulting business, that provides products or services relevant to this presentation.
  • 3. Maximizing Your Vital Resources Learning Objectives At the conclusion of this presentation physicians will: 1. Address personal values surrounding time allocation. 2. Assess current personal time allocation. 3. Clarify personal values surrounding money allocation. 4. Evaluate current personal wealth management.
  • 4. STRATEGIES FOR PERSONAL RENEWAL • Assess Values and Purpose Annually • Institute Personal Wellness - Healthy Diet - Regular Aerobic Exercise - Consistent Sleep - Preventative Medicine - Regular Fun • Manage Your Stress Effectively (healthy coping) • Balance Your Life • Develop a Support Network • Manage Your Time and Money Strategically • Build Good Communication Skills Copyright CPPR 2012
  • 5. Why the Fuss about Time & Money? • • • • Both can be sources of great stress Good management required for renewal Docs tend to have poor coping skills Life & practice conditions, effecting time and money, are changing rapidly • The New Rules
  • 6. PHYSICIAN COPING SKILLS • Work Harder • Work Harder • Work Harder • Bitch, Bitch, Bitch • Hope Things Change • Isolate Copyright CPPR 2012
  • 7. CHANGING CAREER / LIFE EXPECTATIONS • The Burden of Educational Debt • The Cost of Home Ownership • The Desire for a Balanced Life • New Work Options • Transitions to Non-Clinical Careers
  • 8. The Old Rules vs The New Rules • The Linear Rule • The Circular Rule • The Outside-In Rule • The Inside-Out Rule • Learning Is Just For • Kids Rule Learning Isn’t Just For Kids Rule • The Steady State Rule • Endless Change Rule Copyright CPPR 2012
  • 9. The Linear Rule PROGRESS Be honest and work hard and HAPPINESS you will experience… SECURITY SUCCESS
  • 10. The Circular Rule A CHAPTER OF YOUR LIFE NEW BEGINNING External Change • Dreams & Plans • Accomplishments • Decline & Discord Internal Renewal • Healing • New Goals & Purpose • Training ENDING A LIFE TRANSITION BETWEEN CHAPTERS
  • 11. The Outside-In Rule Family Voluntary Community, Church YOU Groups, Professional Associations, National Roles Work, Career
  • 12. The Inside-Out Rule Winning at Life Works Best from the INSIDE-OUT Family Voluntary Community, Church YOU Groups, Professional Associations, National Roles Work, Career Global Roles and Citizenship
  • 13. The Steady-State Rule Childhood Adulthood Work + Love creates progress, reaching self-perpetuating levels of happiness, success, and security that get better and better with time.
  • 14. The Endless Change Rule Young Adulthood Midlife Elderhood
  • 15. The CYCLE OF RENEWAL A Model of Life and Career Change
  • 16. THE CYCLE OF RENEWAL A LIFE CHAPTER The Heroic Self PHASE 1 GO FOR IT PHASE 2 THE DOLDRUMS The Disenchanted Self MINITRANSITION RESTRUCTURE YOUR CHAPTER The Passionate Self PHASE 4 GETTING READY PHASE 3 COCOONING A LIFE TRANSITON The Inner Self
  • 17. PROLONGING “GO FOR IT” • Engage in Continuous Learning • Practice Effective Stress Management Balance Your Life! • Strategic Use of Time and Money • Schedule Frequent Fun!
  • 18. Reconnecting to Your Personal Values
  • 19. The Importance of Values • values are our personal anchors as we are tossed about in the stormy, uncertain seas of life. • values define our character and sense of self • values help to establish meaning in our lives
  • 20. Your Personal Values Questions to Ponder: 1. What is your most important personal value(s) regarding your time? 2. What is your most important personal value(s) about money?
  • 21. It All Begins with a Re-evaluation of Your Purpose
  • 22. Question to Ponder: What is YOUR Purpose?
  • 23. Maximizing Your Limited Resources Values-Based Time Management
  • 24. The Time Management Matrix Not Important Not Urgent I II ACTIVITIES: Crises Pressing problems Deadline-driven projects ACTIVITIES: Prevention, PC activities* Relationship building Recognizing new opportunities Planning, recreation III Important Urgent IV ACTIVITIES: Interruptions, some calls Some mail, some reports Some meetings Proximate, pressing matters Popular activities ACTIVITIES: Trivia, busy work Some mail Some phone calls Time wasters Pleasant activities [S. Covey: The Seven Habits of Highly Effective People]
  • 25. FOCUSING ON QUADRANT I I RESULTS: II IV • • • • III Stress Burnout Crisis management Always putting out fires
  • 26. FOCUSING ON QUADRANT III I III RESULTS: • Short-term focus • Crisis management • Reputation-chameleon character • See goals and plans as worthless • Feel victimized, out of control • Shallow or broken relationships II IV
  • 27. FOCUSING ON QUADRANTS III AND IV I II III IV RESULTS: • Total irresponsibility • Fired from jobs • Dependent on others or institutions for basics
  • 28. FOCUSING ON QUADRANT II I, III, IV II RESULTS: • Vision, perspective • Balance • Discipline • Control • Few crises
  • 29. Questions to Ponder about Time • Do you know how all of your 168 hrs/wk are spent? • Are you happy with your time allocation? • Do you spend your time in alignment with your values? • If you could change one thing about your schedule, what would it be?
  • 30. Maximizing Your Limited Resources Values-Based Money Management
  • 31. Questions to Ponder: • What are your basic values around money? • Are your expenses less than your income? Are you sure? • What are your short/long term money goals? • Are you on track to succeed with them? • Is your family protected with a will, trust, and a durable power of attorney for health care?
  • 32. Designing Your Time /Money Management Plan
  • 33. The Dali Lama on Man When asked what surprised him most about humanity, the Dali Lama said, “Man. Because he sacrifices his health in order to make money. He sacrifices money to recuperate his health. He is so anxious about the future that he does not enjoy the present. The result being that he does not live in the present or the future. He lives as if he is never going to die, and then dies having never fully lived.”
  • 34. Maximizing Your Vital Resources: Values-Based Time & Money Management PETER S. MOSKOWITZ, M.D. EXECUTIVE DIRECTOR CENTER FOR PROFESSIONAL & PERSONAL RENEWAL PALO ALTO, CA FOUNDATION FOR MEDICAL EXCELLENCE October 5, 2013