McKinsey Shares the New Role of Healthcare Executives
Post COVID, executives must lead their institutions to reinvent their business with the speed of the market.
What was done in years now must be done in months.
Entire new business models must be launched within 12 months.
Success requires a rigorous approach that combines the speed of a start-up with the scale and assets of the core business. Characteristics of success across industries are:
CEO and senior management team committed to business building.
Obsessing on ideas that meaningfully and measurably improve healthcare by instilling an agile culture of test-and-learn.
A bias toward partnerships and acquisitions and an ‘open architecture’ approach.
Distancing the new business from the core so that processes designed for the core do not impede success.
Establishing dynamic process performance measurement and management.
Source: McKinsey & Company