Core Leadership Competencies

Business of Medicine

Clearly articulated strategic plan
Demonstrated understanding and utilization of:
– Financial and operations reporting statements
– Funds flow mechanisms and measures
– Competitive compensation and productivity models
– Legal and HR documents and requirements
Demonstrated operations transparency
Effective management of clinical productivity and reimbursement models

Does your program have established written strategic plan and priorities? Are those priorities aligned with those of the hospital, the department/medical school?
Do you have committed financial resources to match the established priorities?
What percentage completion would you ascribe to successes in achieving the established strategic priorities?
Is your program recognized as the market leader for clinical services? What five things could you do to increase market share?
What percentile are you currently achieving for the business operations metrics established for your program?
Do you have an established process for the continual evaluation of the fiscal and operational matters for your program?
Are your faculty currently compensated at the 50% of AAAP?

Articles [to come]
Books [to come]