As the world prepares to bid 2019 farewell and embrace the next decade with the start of 2020, people everywhere are spending their time making New Year’s resolutions as they celebrate the holidays and wait for the ball to drop from Time’s Square. Sadly, as we all know too well, those self-promises and good intentions only tend to last weeks, days or even hours before they are abandoned or forgotten. The problem, or loophole that lets so many people off the proverbial hook, lies in how a resolution is actually defined.
It’s a condition of information over-load fueled by the strong desire for more knowledge and more data, which is easily satisfied by the touch of a button or the swipe of a finger thanks to today’s technology. Healthcare leaders require greater amounts of evidence to drive their decision-making processes. While it is essential to thoroughly evaluate operations and draw informed conclusions, is this enhanced analytical mindset and strong reliance on data becoming more detrimental than beneficial? Here are three quick tips to make sure that you are not becoming afflicted: First, it is important to make sure you are mining the right data! With access to so much, it is easy to get bogged down and confused by all of the material available.
We are all familiar with Black Friday and the Mad Hatter, but what about the less popular Black Hatters? Unfortunately, the term "Black Hatter" does not refer to discounted shopping or a whimsical fairy tale character like the others. It carries with it a more negative connotation. Black Hatters are the "change agents," interim executives and outside resources, brought into failing organizations to make quick and dramatic vicissitudes.
The holidays are a time for indulging and even being a bit gluttonous. For many healthcare organizations, the season also marks the start of the fiscal year-end. While it is difficult not to be pre-occupied with the party-planning, dinner menus, present-buying, and the other personal distractions that come with this time of year, hospital leaders need to be diligent and focused on ensuring that their organizations are poised to successfully meet the demands of 2020! The most significant part of this preparation is a well-planned budget.