There are historic challenges confronting today’s healthcare industry. An unprecedented shift from payment models based on volume to those centred on outcomes has deeply affected every sector of the healthcare industry across every region of the world. The impact of this transformation – combined with ageing populations, soaring costs, stunning advancements in data, analytic and medical technology, growing consolidation among payers and providers, increasing coordination of care, deepening public-private partnerships and global healthcare reform efforts – is fracturing foundational assumptions, mindsets and strategies throughout the industry.
These disruptions pose complex threats, but they also present valuable opportunities for organisations that are able to pinpoint where they can redefine their value and deliver the greatest impact. The success of these strategies pivots on execution; 90 percent of execution hinges on having the right organisational structures and talent management in place.
Korn Ferry helps healthcare companies design their organisations – in terms of structure, roles and responsibilities – to seize these opportunities. We help them select and hire the talent they need to execute their strategy. And we put strategies in place that show them the best way to compensate, develop and motivate their people to increase retention, build organisational cultures of excellence and positively impact the bottom line.