A Case of Stinking Thinking?

Are you or anyone you know suffering from an advanced case of “stinking thinking”, as Zig Ziglar would call it? Quick, you must do something about it! Do not get stuck in the vicious cycle of misery motivation as misery loves company. Here are some simple tactics that can help:

  • Research supports that the first significant encounter of the day impacts the rest of the day, more than 4 encounters combined in the rest of the day. Start your day with positive, relaxing or energizing activities and stay away from experiences or people that are negative triggers. You cannot avoid them, but knowing that they sap your energy, you need to ensure that they are not at the beginning of your day.
  • Self-talk is proven to lead to a winning attitude. May feel a little weird but it works! Your brain needs positive stimulation in terms of encouragement and who better to do it than you. The Pygmalion Effect or self-fulfilling prophecy is equally true when applied to yourself.
  • If you do not enjoy self-talk, have a wish box. Write down notes or desires or wishes that you want to come true. Every night or morning take a quick look at them, so you are reiterating them to yourself. The power of repetition cannot be underestimated.
  • Eyes are a window to your soul! You cannot consistently perform in a manner that is inconsistent with how you see yourself. So, work on your self-image. You must be your biggest advocate and promote yourself. Be aware of your strengths, leverage them and work on your areas for improvement. Set simple goals for yourself so you view progress and that enhances your self-confidence.
  • Attitude is a discipline - it teaches you obedience and enhances your leadership abilities. We all look up to role models that inspire us with their attitude as well as actions. Positive thinking has its limitations I agree. You cannot do everything just with an attitude perhaps, but you can surely do everything better than you can with a negative attitude.
  • Change your lens. Do not be a fault finder. Find the good in things or people. Use appreciative inquiry when you interact with others. You cannot control what others do or say but you can choose how to react or be proactive and choose how you let other people in.
  • Get your neurotransmitters to do the work! Dopamine, serotonin, epinephrine and endorphins are known to physiologically boost your “emotions”. Learn more about how you can help yourself release these and build that into your routine. Physical exercise is one easy way, but everyone’s body and life circumstances are different so find what works for you.
  • Attitude of gratitude. The healthiest of all emotions is gratitude. It is very easy to let one negative encounter or one aspect of our life or work that is not working in our favor to influence everything else. Make a gratitude list and look at it often. On better still, think of one thing that you are grateful for at the start of each day. For every reason that you find to be miserable, I guarantee you can find at least 2-3 to celebrate, you just need to look!
  • Give it all you got! I tell students that I mentor, don’t have too many options. Although prudence suggests having a backup plan, it dilutes your efforts and attention. Data supports that immigrants are 4 times more likely to become millionaires in America. Why is that? As an immigrant, it is the unwavering persistence and the commitment to excel and not having many options that has driven me consistently. Now your goal doesn’t have to become a millionaire but regardless push yourself to your limits and see how your destiny unfolds!

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Your business’ future lies in an abundant strategy – not in scarcity

In Abundance: The Future is Better Than You Think by Peter H. Diamandis and Steven Kotler, the authors make the point that technological developments and continuing innovation will bring to the world a future of abundance rather than scarcity, of increasing prosperity rather than increasing poverty. I believe that they are right so long as we can maintain freedom in general, free markets in particular, reasonable levels of taxation and relative peace throughout the world. As I pondered on the ideas they presented, it occurred to me that a business leader needs to have an abundance mindset in strategic development. An overall scarcity strategy cannot bring a strong and bright future to an organization. We cannot simply cut and slash our way into growth and prosperity. Nor can we simply spend our way into growth and prosperity. An abundance strategy is one of tremendous value generation.

My wife and I built a home using a general contractor who builds custom, luxury homes. I commented to him one day that it had occurred to me that there are three types of people who buy a custom home:

  1. Maximum WOW! These buyers do not care how much it cost. They want to upstage everyone else at any cost.
  2. Maximum value. Value is defined as quality divided by cost. These buyers are willing to spend more money if they get a good return on their investment relative to their experience living in the home and to their resale value.
  3. Maximum value. Value is defined as quality divided by cost. These buyers are willing to spend more money if they get a good return on their investment relative to their experience living in the home and to their resale value.

I told him that I thought that he could build homes for wow buyers and value buyers, but he could not build a home for an economy buyer to which he agreed.

At first glance we may be tempted to see a maximum wow strategy as an abundance strategy, but maximum wow and maximum economy are both scarcity strategies. Both strategies are low value generation strategies, and low value generation will sooner or later lead to scarcity. In maximum wow the cost is too high relative to the quality generated. In maximum economy the cost is low, but the quality generated is too low relative to that cost. The abundance future is in high value generation that comes in a maximum value strategy.

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Lessons I Learned at Wiederhold & Associates

Before I joined Wiederhold & Associates, I had heard of executive coaching but never really understood what it entailed. I knew of generic outplacement firms that provided services to aid in job transition but did not know of transition coaching. The past four years have been an invaluable experience, exploring and learning about both these niches from one of the best in the industry! Above all, the talented and inspiring leaders that I have had the opportunity to meet, the lasting relationships built, the experienced and dedicated coaches that give it all to help leaders uncover strengths and hidden potential, and the team that makes all this happen behind the scenes, have made an indelible impression on me.

I’ve been fortunate to have good mentors and great teams that I have worked with and learned from throughout my career. Some of the lessons that life experiences taught me, I got to validate in my experience working with over 100 executives through Wiederhold & Associates. As I look back, I’d like to share some of the key lessons I will carry on with me in my career.

✔ Relationships trump performance
✔ Preparation is the key to success
✔ Passion is a key differentiator
✔ You get to define your own success
✔ Accomplishments must speak of your value or impact on the organization
✔ Maintain a business log, before exiting a role gather relevant data and metrics
✔ Keep your resume updated always
✔ Attitude can make or break you
✔ You cannot let your network “go cold”, relationships are a continuous work in progress
✔ Choosing the path less travelled may be riskier but also opens doors you never knew existed
✔ Opportunities are most often created, they don’t always exist
✔ Coaching is not punitive, it is a reward!
✔ Interviewing and being interviewed require completely different set of skills
✔ Even the most accomplished leaders have insecurities
✔ Dealing with emotions head-on is the best way to move forward, especially negative ones
✔ Always be aware of how you “show up” to others, not what you think of yourself. Perception is reality.
✔ Being vulnerable is human, not a sign of weakness
✔ Self-awareness is critical to emotional intelligence
✔ When you stop learning, you stop growing and you stagnate
✔ Take responsibility for your actions, but blaming yourself will get you nowhere
✔ Focus on what you can control, don’t waste your energy on external factors
✔ Be intentional, be mindful, be present
✔ Transition is hard, even if the choice was yours. It takes a village!
✔ Don’t burn bridges, it’s a small world!
✔Healthcare has and will always be a very dynamic and demanding industry
✔ You always come out a stronger and better leader, when you go through transition!

Mitali

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Changes to the Wiederhold & Associates Team

We wanted to make you aware of some changes to the Wiederhold & Associates team. Please see our announcement below.

Mitali Paul, MHA, MBA, FACHE, who has been with Wiederhold & Associates almost four years, recently accepted an opportunity to step back into a hospital executive role. As of August 1st, she will be the CEO of a brand new inpatient rehabilitation hospital scheduled to open in Fall 2018. While we will miss her and her contributions to Wiederhold, we are sure you join us in wishing her much success in her new role. Mitali will continue as a trusted advisor to our organization moving forward.

Chris Ekrem, MBA, FACHE, has come on-board as Vice President of Business Development and Operations for Wiederhold & Associates. Chris brings two decades of hospital administration experience in healthcare operations, management and financial leadership. He led highly successful business development projects during his tenure in operations and administrative leadership roles at community hospitals, academic medical centers and Critical Access Hospitals in Texas and Kansas. Chris began his career as a financial analyst at Florida Hospital in Orlando, Florida, and expanded his skill set through project manager and decision-support positions before advancing to the C-suite in roles as a Chief Operating Officer (Kansas) and a Chief Executive Officer (Texas). Most recently, he was Vice President at Tyler and Company; a retained healthcare executive search firm in Atlanta, Georgia.

Chris earned his Bachelor of Business Administration in Finance from Baylor University in Waco, Texas and his Master of Business Administration from the University of Redlands in Redlands, California. He holds a board certification in healthcare management as a Fellow of the American College of Healthcare Executives (FACHE). In addition to his long-standing membership in ACHE, Chris also has been active in state healthcare leadership as a Texas Hospital Association Leadership Fellows graduate and as a Kansas Hospital Association Leadership Institute graduate.

Chris is very passionate about helping people in transition, delivering excellent customer service, and mentoring healthcare executives throughout their journey. In his free time, Chris enjoys teaching high school students about personal finance for Junior Achievement and mentoring early careerists through ACHE in Tennessee/ Georgia. Chris is married to Lindsey, his best friend, a busy mother of two, and a highly skilled nurse. He also tries to keep up with his enthusiastic two-year-old son, Grayson and six-year-old daughter, Brianna.

Thank you,

Jim Wiederhold

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Confidence

With confidence, you have won before you have started - Marcus Garvey

As we continue to explore successful attributes, another imperative soft skill is confidence. Confidence is having faith in your own skills and abilities. It is an attribute difficult to measure, but its absence hardly goes unnoticed. Why is confidence so important? Confidence is attractive. Charismatic people tend to exude confidence. Confidence can help you harness your inner potential. Research supports that confident people accomplish more. It has the power to help you overcome challenging situations, take risks, and handle curveballs thrown at you. Confidence helps you establish trust with people and engage them. It makes you appear more competent and helps you win the respect of others. Dr. Ivan Joseph, a professional soccer coach admits that throughout his career he recruited his players not based on their talent – how high they could kick the ball, or how fast they could run or the team spirit they displayed, but on their self-confidence. He believes that everything else is a coachable skill or trait. Tedx Ryerson University

You can display self-assuredness or lack thereof it in more ways than most people are aware of. How you present yourself, your gait, tone of voice, the words you use, non-verbal cues, interpersonal skills, relationships, even your online or social media presence can paint an image of your confidence level. All these aspects create your “presence”. A limp handshake, lack of eye contact, shifty movements, slouched posture, and excessive use of “I think”, “ums” and “ahs” are some common faux pas to watch for. Non-verbal cues are important expressions of power dominance. It governs how other people think and feel about you. You can influence other people’s reactions by exhibiting confidence. People tend to focus more on the delivery than the message itself. Hence, this can be a powerful tool in controlling how people view and react to you.

Have you met someone and wondered how they landed that deal or got the job they have? I know I have many times. If it wasn’t relationships or networking that got them that far, it was their confidence and most likely their confidence played a very significant role in their relationships.

Charisma is not the same as confidence but we all gravitate towards charismatic leaders. Another reason confidence is important is that appearing confident augments your charisma. Have you ever been in a room where one person’s presence dominated the room? They seemed to captivate their audience and drew people in with such ease. John Antonakis, an organizational behavior expert, suggests that charisma can be practiced as a skill utilizing verbal and non-verbal tactic. And once you grow your charisma and connect with more people, your confidence will inevitably be boosted. How to Read and Predict People

Confidence is like a bank account - you must make deposits to have a balance available for withdrawals. You must draw from various sources so not to deplete your funds. Just like a diverse investment portfolio that minimizes risk, you need to have different buckets that you gain confidence from. Identify your buckets and keep them replenished. Recharge your batteries…success is just around the corner!

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Strategy Transformation – A New Business Model for a Rapidly Changing Industry

‘Gary Skarke is an expert in the area of transformation. His company’s success, for the most part, has been outside of healthcare but has touched healthcare on a small scale. As we all know, healthcare is going through a significant transformation and most of what he will share in the article below aligns well with what is happening in the healthcare industry today.

This is the second article in a series of articles focusing on the many types of transformation his company has helped other organizations navigate successfully and how these same situations are occurring within healthcare today.” – Jim Wiederhold

Click here to read the first article.

Strategy transformation focuses on developing and implementing a new strategy to respond to competitive pressures. One global company needed to grow revenue and profitability and their strategy was to expand their business model to sell not just products but also services. Previously, they sold software products and relied on customers to implement – but customers could not always implement successfully. So, the company made a strategic decision to get into the services business. The company realized they did not have the processes, skills, behaviors, metrics or culture to be successful in that new business model. “We don’t ever interact with the customer and our people do not have the skillsets to successfully interact with customers either.” Typically, such changes require five years. Given the urgency of the situation, the company went on a fast track implementation program. Based on the strategy Playbook for the first year and then three years, the company had a roadmap for making the significant transitions required. At the end of year three, our audit determined the company achieved the business results as well as operational results of doubling revenues and increasing profitability by 30%.

In the U.S healthcare industry, organizations similarly must have dynamic strategies to determine how to maneuver the changing regulatory and legislative landscape and then quickly and successfully implement that strategy, while ensuring a focus on patient centered care and value. Legislation is changing the way healthcare providers do business but cannot negatively impact delivery of healthcare services to patients. As a result, organizations are trying to merge or acquire other providers in the healthcare chain, such as CVS acquiring a health insurance company, pharmacies (both stand alone and grocery-store based) provide clinic services, and healthcare systems are formed to take advantage of economies of scale and increased market share. Given the short time horizon, it is even more critical to have flexible strategies with expedited implementation to ensure results are achieved before the next wave of changes occur.

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How to be Intentional every day

The word intentionality or intentional has become very popular over the last couple of years. Hopefully, the meaning of the word will not be dumbed down to the point of being overused and ineffective.

Intentional- Done on purpose, deliberate

Intentionality- The fact of being deliberative and purposive

I embraced this word almost two years ago and it has become a very important part of my vocabulary and ultimately -- my success.

I attach intentionality to nearly everything I do. Whether it be choosing what to eat for breakfast or looking at my schedule for the day, in that moment, I am focused on giving the best of me and intentionally becoming hyper-focused and in-the-moment.

Here are some ideas that apply not just to career transition but also to you in your everyday interactions.

  1. Be focused on your interactions. Any interaction, whether on the personal or business side, I make a conscious effort to bring some level of value to the interaction. I don’t just pull this out of the sky, I think about it before the interaction actually takes place. However, this does not mean I have to control the conversation. Even when all my plans fall by the wayside, I can be a very intentional listener and that will always bring value to the conversation.
  2. Minimize multitasking. Make the most of your day with “zones.” I am intentional about getting the most out of each and every day. I utilize the concept of zones. Setting my calendar up this way allows me to reach proficiency in one task before moving onto the next zone. I relate it to running because in the beginning, you’re not very efficient, but as you proceed you reach the highest level of efficiency in your stride and breathing with the least amount of energy. However, eventually you will start to tire and you will lose that efficiency. It is at this point that I move into the next zone. I do not allow, as much as possible, outside disturbances to distract me while I am in that zone and I do not engage in multitasking. I am very much in the moment.
  3. Find balance in your daily routine. After many years, I’ve come to realize that three things must be in balance in my life in order for me to be at my best. They are sleep, diet, and exercise. When these are not in alignment, I don’t make the best decisions, nor do I ask the best questions. On days when I’m out of balance, I will minimize my contact with people and not make any major decisions. Even this is intentional. We all have off days. Overall, I am very intentional about keeping these in balance. It’s not just being aware of the need for this balance, but taking action and creating the best, most intentional you.

Intentionality has a great deal do with preparation. Without preparation, how can we really be intentional? Without preparation, how successful can we be? Let us not fly by the seat of our pants, let us be purposeful about what we do, mindful about how we live and what value we have to offer in each and every moment.


Join the WIN (Wiederhold Intentional Network)!

The main purpose of the Wiederhold Intentional Network is to take networking from the typical shotgun approach to the rifle approach.

  1. You will expand your network with little effort on a consistent ongoing basis with individuals at a similar level.
  2. You will gain industry intelligence from these key interactions.
  3. Most important, you will give back to others as a resource and a catalyst.
  4. It's free!

Contact This email address is being protected from spambots. You need JavaScript enabled to view it. to join or click here for more information!

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What is transformation…and why should we care?

“I’d like to introduce Gary Skarke. He is an expert in the area of transformation. His company’s success, for the most part, has been outside of healthcare but has touched healthcare on a small scale. As we all know, healthcare is going through a significant transformation and most of what he will share in the article below aligns well with what is happening in the healthcare industry today.

This is the first in a series of articles focusing on the many types of transformation his company has helped other organizations navigate successfully and how these same situations are occurring within healthcare today.” – Jim Wiederhold

* * * * * * * * * *

In today’s environment, organizations must change – and change dramatically – to survive and thrive. Who remembers what happened to RCA televisions, Motorola cell phones, or Myspace (competitor with Facebook) or how they lost their market leadership? They did not make the dramatic innovations and changes (typically called transformations) to stay ahead of the competition. Businesses have made transformations for a number of years although they were previously called under the headings of quality, reengineering, Lean Six Sigma, and others. Such transformations were made to cut costs, grow, increase customer satisfaction or simply stay in business. United States healthcare similarly has and is undergoing transformations, many of which are mandated by the U.S. government, like electronic medical records. We wanted to share what transformations are happening with businesses so that they can be applied more readily to healthcare.

Organizations are appropriately cautious about transformations. A 2015 survey by McKinsey* found that only 26% have been “very” or “completely” successful at both improving performance and equipping the organization to sustain improvements over time. Transformation is an overused term. It is not a tweek, but an overhaul – a complete change in the way business is done. IBM was at one time only a provider of hardware such as computers but transformed successfully into a provider of consulting services. The amount of effort that goes into the change is proportional to the impact on the organization. The bigger the change, the bigger the effort, and the bigger the potential results. Transformations can be around any or all of the following: strategy, process, systems, metrics and culture. We will cover each of these areas in a series of brief articles.

* McKinsey & Co., 2015, “How to Beat the Transformation Odds”

TBO International LLC provides transformation services to help clients beat the odds for successful outcomes.

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The Importance of Mentorship in Our Lives

We all need guidance. Even the most seasoned professional needs a sounding board from time to time. I am a firm believer that as professionals we can choose to never stop growing, learning, and evolving into the best version of ourselves. Part of this growth is directly influenced by the people we seek out for support.

One of the things my mother said to me as a young adult was, “You are the company you keep.” I didn’t realize it at the time, but she was talking about mentorship and being mentored in the most basic sense. To affect another in a positive way and to have them do the same in return, all while growing as a person.

Three ways a mentor/mentee relationship adds value to your life:

  1. Lends you a new perspective. Being a mentor or mentee puts you in the mindset of the other person, even if just for a moment. It can be invaluable to get the perspective of another professional on situations that are occurring in your world in which you feel you have little to no control over. This type of discussion could lead to possible action items or solutions. At the very least, you will leave the conversation feeling like someone actually understands.
  2. Growth opportunity. Often your mentor has been in the profession longer than you and can offer additional insight into a lot of different scenarios. Soak this type of information up and learn from it. Take the gift of hindsight they offer you and make improvements and grow because of it. Conversely, a mentor can grow equally from the vision a younger professional may bring to the table.
  3. Expand your network and give back. Share connections with one another. Start building relationships with the professionals that your mentor/mentee connect you with. This is how genuine professional friendships are created. It’s interesting how things work. While you might be the mentee in one relationship, you will become the mentor in the next. In each instance though you will grow as a professional and as an individual. It’s a win-win.

At Wiederhold & Associates we are launching a mentor program offering our large network of professionals the chance to create deep and meaningful professional relationships with one another. With over 25 years in the healthcare industry, Wiederhold and Associates has one of the largest and most effective networks in the United States. Our Mentor Program takes this network connection one step deeper. It gives the mentor and the mentee the opportunity to use common experiences to glean further insight into life and career situations. There is no stronger bond than those created through shared experience.

Interested in joining our Mentor Program? Click here for more information.

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DON'T GET AMAZONED

The company that puts you out of business will not look like you!

The job of an entrepreneur/CEO is to look around the corner to see what is coming in the future. It is hard to know what a competitor looks like when they may not look like me (see: Amazon vs. Sears, Uber vs. Yellow Cab).

When I peek into the future, how do I know what I am looking for? What will my competitor or my business model look like tomorrow? The risk of missing a change in the business model is great. My role is to work on new processes that can help my clients get more value and make Medic Management Group more competitive. Many CEOs are concerned that disruptive companies may enter their business segment and change the business model. Amazon may not enter my business space - health care management - but I have to worry about companies like Apple and Google.

In my world, I cannot be lulled into thinking that patients will continue to seek health care in brick-and-mortar buildings. The technology explosion in health care does not just relate to genomics, new medications and surgical treatments. Every day new technology is being developed to enable patients to be seen from remote location s through monitoring devices that communicate with the providers. The telemedicine advertisements that we see on TV are just the beginning.

Many entrepreneurs and CEOs are too busy working on the day-to-day issues of their companies to explore new opportunities. We are so entrenched in day-to-day that we do not think like the generation of entrepreneurs that is looking for the new way. In the past, we attended annual trade shows, or we would study our competition to see what they were doing. Today, by the time you see what the competition is doing or hear the ideas that are discussed at trade shows, it may be too late.

How do we keep from being 'Amazoned?'

  1. Get new ideas from businesses not in your industry. When you meet friends or talk with colleagues, do not just ask ' how's business?' Ask what new ideas and technologies they are seeing in their field and consider how they can be adapted to your business.
  2. Perform a critical analysis of the current business by your team or an outside entity. How can we do it better?
  3. Learn about bots, artificial intelligence and new technology, and find out how they relate to your products and offerings.

As the CEO, owner, entrepreneur, you are the chief visionary. You cannot delegate something as important as understanding the future of your company. A 22nd century vision is critical. Those of us that "skate to where the puck is going, not where it is has been" have an advantage over our competitors, current and future.

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Four Ways to Connect with a Recruiter

A common question I get is, “How do I talk to recruiters?” Treat the call like any conversation. Be genuine and interested. The primary goal of the conversation is to gain a partner in the search for your next position.

If you approach each conversation with a recruiter as an opportunity to create a partnership, build a relationship and make a genuine connection, you will see more job opportunities sent your direction.

Here are four tried and true ways to connect with recruiters:

  • Do your homework. Find out what you can about the recruiter and his/her organization. This will help you create a connecting point, or something you have in common. If that happens to be a mutual connection, be sure you find out the nature of their relationship before you name drop. You won’t do yourself any favors if you mention someone they don’t know or someone they don’t like.
  • Have a great value statement. Get their attention with your positive attitude and make them want to call you back. Before calling the recruiter go through your own resume/CV. What does a recruiter want to know about you and the organizations you’ve served? What makes you different from other candidates? The more specific that you can be by showing impact through measurable outcomes, the more weight it carries and the more memorable you become.
  • Always have some good open-ended questions ready. Seek their feedback and draw upon their experience within the industry. Ask them what they look for when identifying a strong candidate and deciding to move them forward. Let them know you are always looking for a way to present information to recruiters and hiring managers in the best, most efficient way possible and in the format they desire.
  • Determine your next steps. You may not get into a search, gain connections or helpful information from the recruiter during the call, but don’t let that stop you from creating your own follow-up plan. Mention to him/her that you will be checking in with them periodically and encourage them to do the same should an opportunity come across their desk that might be of interest. Cultivate and grow that sense of partnership between the two of you and under no circumstances do you want to be perceived as going around them to get to an opportunity they are representing.

It’s important to remember when working with recruiters that you are not their only prospect and while they have your information in their file, it is necessary for you to make the effort to reach out to them on a regular basis in order to stay in the top of their mind. There is no room for ego here, instead try to think of it as cultivating a genuine relationship and partnership so that they can effectively help you find the next job opportunity.

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Are You Ready for 2018?

2017 has been a turbulent year for the healthcare industry. Not only have we seen tremendous disruption in technology and innovation, but also more consolidation and strained resources. Natural disasters across the country and the unstable economy have added to the mounting pressures. Leaders have been challenged to do more with less, like never before. You may be using predictive analysis tools in strategizing for your organization, but have you looked at your personal toolkit to see if you are ready for what’s in store in 2018?

At Wiederhold & Associates, we consider three key ingredients for success – history, process, and relationships. Here are some techniques to proactively and methodically plan for a successful 2018.

History:

  • List of accomplishments - Do you have a list of professional achievements for the year? Grab a pen or type out a list, before you forget! It is important to keep track of any milestones, at work or outside, that have been proud moments for you. As time passes by and memories fade, you may lose track of things that may have significance in the future. Doing a quick year-in-review list of accomplishments will help you document and keep these fresh. Or even better, start a business journal and keep it updated throughout the year.
  • Resume - When was the last time you updated your resume? You do not have to be actively looking for a job to keep your resume updated. In times like these when change is inevitable and happens at lightning speed, it is always a good idea to periodically update your resume especially with new skills, accomplishments or credentials that you may obtain along the way. The same applies for your LinkedIn or any other social media profiles.
  • Self-assessment – Have you done a gap analysis for yourself lately? There are several assessment tools available but even a simple exercise of listing any new skills that you have learned or honed, assessing any areas that still need development, and identifying ways to work on these ensures that you are focusing on your professional growth. The core competencies for roles have steadily evolved, and what measures were used to assess your performance even five years ago may not be as relevant as what is needed in the future. Do you have a competency checklist for the types of roles you see yourself in and are you diligently working towards building/polishing those skills?

Process:

  • Personal Brand – Have you “Googled” yourself lately? Always be aware of what is floating in cyberspace about you. Reputation management is an active and lifelong task of maintaining your personal brand. At times you may find yourself caught amid a media blitz not of your own doing or liking. Being aware, and taking necessary and proactive steps to protect your online brand is critical to your professional success.
  • Goals – Do you have a SWOT analysis for yourself? Once you have identified strengths and areas of focus, set SMART goals for yourself. Ensure that your personal goals align with your organizational goals, if there is dissonance it is time to reflect! Where possible, have discussions with your boss to find synergies that will benefit all parties.
  • Action Plans – Do you have clear action plans to achieve your goals? What skills/experiences are you missing in your toolkit and which ones do you plan to focus on in the coming year? How will you measure success?

Relationships:

  • Networking - The holidays are a great time to reach out and reconnect with individuals in your network. It also offers a lot of social opportunities, holiday parties and gatherings to meet new people and expand your network. With work slowing down some, and the holiday cheer around, people tend to be more open to giving and receiving. A great time to nurture your relationships!

So, celebrate your accomplishments in 2017 and ring in the New Year with confidence and assertion. Cheers to your success in 2018!

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Give yourself the gift of networking – how to network during the holidays

The holidays are the perfect time to reconnect with old friends and colleagues that you may not have spoken to in a long time. The season is full of celebrations and parties where you are in the presence of a lot of untapped potential. Potential to make a connection. Spark or rekindle a new or old friendship. Networking is all about finding connection points.

Finding that common ground that endears you to the other person and during the holidays, those connections come even easier with the added ingredients of warm fuzzies (eggnog anyone?) and a healthy dose of good cheer. So, when you are headed to the next holiday party, don’t groan and moan and count the hours until you can be home in front of the fire, look at it as an opportunity to widen your net and build up your network.

How to work a room:

  1. Don’t stand by the front door. When people first arrive to a meeting or party they are nervous and looking for a place to put their things or visit a bathroom. Standing by the door is a sure way to get overlooked.
  2. Spend only five minutes with each person you meet. This is long enough to listen to what makes them unique and for you to establish a connection within exchanged pleasantries. Get their business card and offer yours if asked in return.
  3. Make notes on their business cards. Anything that will help you remember that person when you look them up later is invaluable. There is no way you can keep everyone you meet straight and that one detail about that person could be what gets you that future meeting. It adds the personal touch.
  4. Follow-up. Think of how many times you given out your business card. Now think about how many times someone used that business card to reach out to you after the fact? Part of working a room successfully lies in the follow-up. Connect with the person on LinkedIn, shoot them a quick note telling them how nice it was to meet them and add the fun fact about them you jotted down on their business card.

Connect with us on LinkedIn and join our Active Network Program.

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Happy Holidays from Wiederhold & Associates

In lieu of mailing holiday cards, and in keeping with the spirit of giving during this time of year, Wiederhold & Associates has made a donation to a charity in honor of our clients, network members and friends for being a part of our lives this year. For 2017, due to the amount of natural disasters the U.S. faced this year, we have selected the Salvation Army as the recipient of our donation.

The Salvation Army helped with all the hurricanes that hit the U.S. this year and are currently assisting in California with the wildfires. More information on their efforts can be found at Salvation Army news.

We at Wiederhold & Associates hope and pray that you enjoy a happy and safe holiday season. As you enter the New Year, never forget what is most important: your faith, your family, and your friends.

Jim Wiederhold and

The Wiederhold & Associates Team

Connect with us on LinkedIn and join our Active Network Program.

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Three Ways to Work With Recruiters

With over 15 years of executive search work and helping healthcare companies recruit, land and lead talent for their organizations, there are still things in the industry that surprise. One of those is the disconnect between the healthcare executive and the headhunter/search industry.

In this article I will share 3 Ways to Work with Recruiters.

  1. Get to know them before you need one
  2. Often, I get calls from healthcare leaders whom I have never had any prior contact with because they are now out of work due to a reduction in force, a merger or conflict with a board member and a myriad of other reasons.

    An old Chinese proverb states: “The best time to plant a tree was 20 years ago. The second-best time is now.”

    I have talked with thousands of healthcare leaders and I am always surprised when someone tells me this is their first real conversation with a headhunter. In today's fast changing healthcare world your network is key to your future success should you need to do a job search.

    Unfortunately, when an organization decides to do a RIF there is no loyalty to you even if you have spent the last 10 years giving 60 hours a week to the organization. Even when we as leaders expect loyalty from our employees we are willing to cut their legs out from under them when we must save money or our own job. (But I digress). This is a topic for another day.

    The point here; get to know recruiter(s). Even if you just took a new job continue to build your network. I have worked with executives who have taken a new position only to find out it is not the right fit; a board member decides they don't like them or the family isn't happy once they arrive and the need to extract from the situation sooner rather than later.

  3. Take or return their calls
  4. As I stated above, I get calls from leaders who I have never had a conversation. What I didn’t say is that I had never called them. As a headhunter my job is to network, get to know leaders and help you, or an organization find the right fit for an opening.

    I know what you are thinking here. I get way too many calls from recruiters to take or return a call. I am way too busy to speak with every headhunter that calls my office.

    Believe me, I understand this point, but see point number one.

    I am not saying you must return every call every time, but build relationships with more than one recruiter. How many? The number is up to you, but I suggest you have a relationship with 5 to 10 recruiters in the industry. Not all recruiters are the same. Some are transactional and don't want a relationship, they just want the placement, some treat candidates like a head of cattle and just like to run you through the process and some are relational and want to work with you long-term and build a relationship that serves you both to find a job and help you build your team should you need help.

    You need to talk with more than one or two to find the right match for your own personal style. And also understand it is impossible to know about every possible job in the marketplace, nor can we place you in a job if a company is already engaged with another firm, or is unwilling to pay us a fee for the introduction. Therefore, it is important to get to know many recruiters, and the only way you can do this is to return calls, or messages when appropriate.

    I learned, probably like you did growing up to treat others the way I want to be treated. However, I do my best to treat others better than I want to be treated…this is the platinum rule. Most recruiters worth their salt and who have been in this business more than a couple of years are fairly thick-skinned and take rejection pretty well, or they wouldn’t still be doing this kind of work, but I recommend when you can -- return their calls. You will know within a few minutes of conversation whether you can connect with this person or not, and if you don’t just be honest and tell them you prefer they not bother you anymore.

  5. Update your resume every six months and send to your recruiter contacts.
  6. If you are like me and most others I talk with in this business, it gets harder and harder to remember everything we have done or accomplished from one month to the next.

    I suggest every month you sit down and reflect on what you have done to move your team, departments and organization forward. Keep a running document or journal that is secure and saved frequently that you can update each month.

    Schedule an appointment with yourself every month to do this so you don't forget things and they never get added to your resume. I also suggest you do this with your team. I am a coach, and this is a great way to coach your individual team members each month and encourages them to keep working hard and reminds you of how hard they are working. Then guess what? When it is performance evaluation time you have already had 11 sessions with them to help you create their evaluations and now there are no surprises at the end of a year.

    If it is not put on the calendar it will not happen. Put this appointment on your schedule and your teams schedule every single month...you will thank me later!

    Once you have the information on your own personal journal document, then schedule a six-month appointment with yourself to update your resume with the best and most quantifiable information you have from the last six months. Then spend 30 minutes writing a personalized email to your recruiter contacts and attaching your resume.

    This doesn't mean you are looking for a job, it means you are watering the tree after you have planted the seed. You are growing your network before you need it.

    Learn more about mike at www.harbourresources.com

Connect with us on LinkedIn and join our Active Network Program.

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Inner Leadership Development

Recently, I became certified in the Leadership Circle Profile, the most comprehensive leadership assessment system available. This is the second assessment I added to my tool chest focusing on leadership. The first was the Hogan Assessments. Together, these are a powerful measurement of where a leader is now and how he/she can improve. That decision has to be made around internal change.

The Leadership Circle Profile is a true breakthrough among 360 profiles. It is the first to connect a well-researched battery of competencies with the underlying and motivating habits of thought. It reveals the relationship between patterns of action and internal assumptions that drive behavior. Ultimately, the Leadership Circle Profile goes to a source of behavior to get greater leverage on change.

Second, the profile creates much more than just a list of behavior competencies. The Leadership Circle Profile Results are organized into a very powerful system for understanding human behavior and development, as well as for making sense of the interrelationships between the many dimensions of yourself. Unlike most profiles that take hours to interpret, the Leadership Circle Profile integrates all this information in a way that brings the key issues to the surface instantly.

The data in the Leadership Circle Profile reveals itself in seconds.

At a glance, the whole gestalt is accessible-putting leaders in touch with what is working, what is not, and why!

In most organizations, this treasure trove of information remains buried. Leadership Circle Profile makes it easily accessible

The Leadership Circle Profile provides you with a leadership MRI, giving you the entire picture in one diagram. I am proud to offer this tool to my clients who are ready to evaluate their inner leader and discover how to bring him/her into their everyday life.

Connect with us on LinkedIn and join our Active Network Program.

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Where to Next? The Fastest Route to Career Advancement

Are you looking to be promoted?

If getting a promotion is important to you, then it is time to sit down and ask yourself what you can be doing to actively advance your career. Here are some suggestions.

Regain Career Momentum

Define what success looks like to you. Once you have established the main target, break it down into smaller achievable steps and goals. Implement a workable system that will increase your technical and emotional skillsets needed to move from one step to the next.

Manage Up

Managing up means that you go above and beyond the tasks outlined in your job description. You continuously go the extra mile. Your job is to make your immediate manager’s life easier. Learning to effectively "manage up" can put you in a great position to align with your immediate supervisor, integrate effectively with the organizational culture, receive great recommendations, and ultimately help you on board effectively.

Help your stakeholders recognize your ability to build and lead a high-performing team that goes above and beyond the call of duty. Leading well on a small scale shows initiative and ability. Report team successes to your direct supervisor, giving credit to both the team and team members. As their leader, their success is your success. Consistent progress in leading a high-performing team will show that you are able to graduate to more responsibility.

Build Your Network

Networking/connecting is essential to your success both while gainfully employed and in transition. Networking with a purpose is a vital component of anybody's career success but is often terribly neglected.

Ask Questions / Survey Your Surroundings

•Have I asked my immediate superior what it takes to get to the next position?

•How has this organization historically handled promotions?

•Do they generally promote from within or seek externally?

•What is the general time-frame for people to get promoted within the organization?

•Is the person you report to going anywhere?

•Does the person you report to have a history of mentoring his/her direct reports?

By defining your goals, developing a strategy, and become intentional about executing your plan, you can increase your chances of advancement immeasurably.

Here's to your success!

Jim

Connect with us on LinkedIn and join our Active Network Program.

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United States Weather Conditions

Oregon's Eagle Creek fire along the Columbia River

Monday we reflected on the September 11, 2001 attack on the United States. It was a pivotal moment in the country’s history and Americans continue to recognize its importance in our lives on its anniversary each year.

Currently the United States is experiencing another significant chapter with wide ranging weather conditions that affect a large portion of the population. We have had two hurricanes since August 25, and Jose, a third storm following them could feasibly land in the Virginia area; there are dozens of forest fires in over ten western states; and as of Sunday night, 260 earthquakes have been registered in Idaho since September second.

The Wiederhold network extends nationwide, either as current or past clients or simply those we know as friends and colleagues. We continue to think of everyone in harm’s way and hope for the safety of them, their friends and families.

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Happy Labor Day

We wish you and your loved ones a safe and fun holiday weekend
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Performance Excellence Simplified: Achieve Value Based Results

High performing leaders in healthcare organizations of today are challenged with the uncertainty of healthcare delivery in the future. Many hospitals face a challenge among key stakeholders. That challenge is a brand/reputation shift toward value based care. Mission, Vision and Values typically reflect claims of high quality and customer service, but key stakeholders (physicians, patients, families, employers, payers and regulatory bodies) are not buying the slogans of the past. In today's world, healthcare providers must demonstrate that they are living up to the value based equation (low cost, seamless, patient-centric, high quality care). Stakeholder demand and regulatory requirements drive organizations to demonstrate measurable results in cost, service and quality.

Creating a performance excellence environment is a highly successful leadership approach to navigate the ever-evolving imperatives of service delivery. Value based results will be achieved through a leadership philosophy of performance excellence:


Engage your people: Develop Governance, Leadership and Management structures to engage your key players, especially physicians and other clinical thought leaders to lead the effort. Create a shared Vision of Achieving Value Based Results. Now it’s time to execute your shared Vision.


Evaluate your data; identify best practice: Engage all key players in identifying essential metrics to understand your current performance and identify opportunities for improvement in Operational/Financial, Service and Clinical performance.


Know your process and design your process (es): Utilize advanced process management methodologies to identify current processes that yield current results. Establish consistency in your process improvement methodology. Identify best practices. Design your processes to achieve results.

Hardwire/Standardize best practice, process design to ACHIEVE

Sustainable results will be achieved from your Action, if you are focused on Continuous Operating and Quality Improvement. Remember you may FAIL (“First Attempt In Learning”). Establish your culture of Performance Excellence. Start small, simplify, be resilient, be persistent and be unrelenting in your approach to achieving results. Be prepared to embrace “Polarity Thinking.” Every good conversation begins with good listening. Listen to your key stakeholders. Listen to understand, not to respond. Physician integration and value based strategies inherently present divergent opinions. Learn the power of leveraging Inquiry AND Advocacy: two critical leadership competencies. That’s how leaders achieve results.

Value Based Metrics:

The list of potential measures is endless. Identify what is important to your key players. Start with metrics that present and build a common understanding of current performance. Measure, monitor, report, analyse and improve your key metrics, focused on value: Operational/Financial Excellence, Service Excellence, and Clinical Excellence. A comprehensive list of potential metrics is available at: Mike Jones LinkedIn or This email address is being protected from spambots. You need JavaScript enabled to view it.

Key Takeaways:

  • You have highly engaged employees, physicians, patients, family members, community representatives, employers and payers.
  • You have defined a common and shared vision for your organization through gaining knowledge of your key stakeholders’ perspectives
  • You have defined what outcomes you and your organization are trying to achieve in terms of Operations, Finance, Service and Clinical indicators
  • You have measured your current performance
  • Now you want to improve performance:
  • Everything is a process

    Gain an understanding of your current processes

    Identify your best practices

    Design process to achieve best practice performance

    Re-evaluate your performance to see if you are consistently achieving improved performance

    Modify your processes when necessary to consistently achieve higher levels of performance

    Hard-wire your processes to ALWAYS achieve best practice performance

    Never stop monitoring to verify your preferred state performance/outcomes.

    Never stop monitoring to verify your preferred state performance/outcomes.

    Train for it (all Key Players)

    Build consistency of approach

  • Define your performance excellence culture
  • Focus your leadership on the relentless pursuit of performance excellence
  • Adopt your preferred methodology
  • Formalize and standardize your methodology
  • Listen to your key stakeholders
  • Engage all parties in understanding improvement initiatives
  • Gain understanding of performance through data analytics
  • Design processes to achieve desired results
  • Be prepared to Fail, but failing is your F (first), A (attempts), I (in), L (Learning).
  • Achieve success in all you do
  • Demonstrate that you are creating value based outcomes

Next Steps:

  • View Additional Reference Information:
    • In “Be an Inspirational Leader”, author Dan Nielsen portrays the incredible impact of inspirational leadership on your personal, professional, and organizational success. Read Dan Nielsen’s book: “Be An Inspirational Leader: Engage, Inspire, Empower”
    • Management of healthcare providers’ reputation and brand dramatically changes with consumer demand for value. An organization’s reputation is subject to more than marketing campaigns. Social media and ratings services have significant impact on consumer perception of healthcare organizations. If you do not have on-going audits of your on-line presences and ratings, it is wise to complete and assessment and take corrective action, as necessary. To learn more about Reputation and Brand Management view the work of Claire Faucett with engage5w.
    • Learn more about “Polarity Thinking” and the two essential leadership competencies of Inquiry and Advocacy. View the work of leadership coaches James McKenna and Cliff Kayser, sponsored by Wiederhold & Associates.
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