In today’s ever-changing health care, there has been a significant increase in the number of hospitals across the country choosing to utilize Interim solutions.
Here are a few reasons why bringing on an Interim Leader makes sense:
1. Restructure/Re-organization: Sometimes a 3rd party, outside professional perspective may help identify necessary changes and allow that person to make the hard decisions to help set up a “clean slate” for the new permanent leader. This may be a good time for an overhaul and to bring in someone who can do an operational assessment”.
2. Keep the ship from sinking: An Interim leader can help maintain and prevent key initiatives/momentum from slipping. When the average time to fill a permanent hospital leadership position is 8-16 weeks an Interim can certainly make all the difference between “steady eddy” and “the Titanic”.
3. Limit the chances for a mis-hire: There are studies that have claimed the cost of a leadership mis-hire is anywhere from 15-24 times the person’s annual salary. With that type of cost/consequence on the line, an Interim leader can allow the organization to slow the interview/recruitment process down and take its time to properly vet candidates while not losing productivity internally.
4. Change Management: More often than not, a decision to bring on an Interim is based around the need for some serious change management. A good Interim leader can come in, assess the issues, identify a few ‘simple wins’, and begin the tenuous work of hard-wiring other change for the long-term. Since the Interim leaders have been on the front lines and involved with the daily activities of the department they are often the best equipped to help find the right permanent leader that will carry on the work that has been done and meet the needs of the position.
For 44 years, The HealthCare Initiative has specialized in Interim and Executive Leadership Recruitment. Our team leads the Mountain & Pacific NW Region recruitment specifically. Our average time to present an Interim leadership candidate is 3-5 days with the selected candidate ready to start within 7- 10 business days.
Please let us know how we can assist you and your leadership team.
Sr. Managing Partner
(303)-799-8188, ext 123
(303) 799-8188, ext 114