Healthcare leadership assessment, succession and board effectiveness

The healthcare industry continues to face persistent and extraordinary challenges, including financial strain, burnout, and talent shortages. Transformation of how care is delivered, how people work and work together within healthcare is destined for significant change. Workforce issues underlie all these challenges.

Healthcare is an essential industry with complex challenges that requires the best leadership to be at the helm…

Their leaders are quickly nearing retirement, and many are burnt out after the stress of the last several years. Healthcare organizations must rethink what they need leadership to bring to the table as the nature of work and workers evolve. Understanding changing demographics, shifting governance, and the necessity to link leadership with the broader workforce strategy have never been more important.

Healthcare Boards have responsibility, fiduciary and other, to provide steady and effective leadership for their organizations to maintain patient care and minimize disruption from the inside. They also have a strategic obligation to look ahead to consider how care models and work are evolving. 

68%

of leaders are currently feeling overwhelmed and exhausted, reporting lower levels of well-being²

50/50

chance that an appointed executive will depart within the first 18 months³

² Mercer Global Talent Trends 2024, Mercer Talent Enterprise Science of Wellbeing Whitepaper 2023

³ hbr.org, “The Biggest Mistakes New Executives Make” 

Stakes are high

The consequences of selecting the wrong execituve can be long lasting.
  • Direct financial impact

  • Organizational costs

  • Damaged reputation

Mercer is uniquely positioned to help healthcare organizations find and assess leaders, succession plan and assess their Board for effectiveness. We recommend data-driven, formal processes for leadership assessment, development and evaluating Board effectiveness.

Available on Apple and Spotify

This podcast, Ensuring successful leadership for healthcare organizations, has just been released! 

John Derse talks with Mercer’s leadership experts, David Jackson, Robert Smith and Sarah Maher, about their work with healthcare organizations on leadership assessment, succession and a Board’s role. They examine the critical imperative for the industry to rethink what leadership brings to the table given the changing demographics of the workforce and the evolving nature of work. They share examples from working with clients and make a case for a data-driven approach to leadership assessment and succession planning..

Listen on Spotify or Apple; access the entire Healthcare Insights podcast series.

Listen and subscribe

Healthcare leadership insights


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