During my career as a manager, corporate strategist, consultant and teacher, I tried to think of simple way to describe what it takes to be a successful leader and strategist. While I led the strategic thinking, decision making and leadership program at General Electric's Management Development Institute I taught a session on the strategic history of General Electric and so in 2006, I decided to update and expand what enabled GE to be a leader over its 125 years. As I was writing the book entitled "The Secret to GE's Success" (which I wanted to call "Breaking the GE Code" it occurred to me that their success was based on one word...L.A.T.I.N..which stands for Leadership, Adaptability, Talent, Influencing and Networks".
I have found this very useful to enable my clients improve their strategic leadership skills and improve their overall strategies and execution. So I plan to use it on this site to communicate how I think HEALTHCARE leaders and organizations and become better leaders, innovator and become more focused on becoming MASTERS of THEIR OWN DESTINY and not dependent on the GOVERNMENT, FOUNDATION and CHARITABLE FUNDING.
Tab One will focus on LEADERSHIP. It will describe how and why strategic leaders must be different for different phases of the life cycle, as well as to successfully implement different strategies. This too is base on one of my books "Risktakers, Caretakers, Surgeons and Undertakers- the four faces of strategic leadership". It will focus on how to determine the right leader for the right time and also the type of staff and support he or she requires.
Tab Two will focus on ADAPTABILITY, which means responding to competitive, customer and other external changes and not waiting until it is too late. This is related to the content of three of my books: Putting It All Together that describes strategic changes, Gaining and Maintaining the Competitive Advantage that provides an indepth way of evaluating current and potential competitors as well as MAPPING that help anticipate new competition. The GE book will also provide some insights in to the changes they responded to both SUCCESSFULLY and Poorly.
Tab Three will focus on TALENT. Successful organizations must recruit, reward and retain the RIGHT talent. This may require developing their own. The Secret to GE's Success will provide insights into this area, since they have been one of the best at creating and developing the right talent to support their strategies. Unfortunately today this skill is declining and most organizations appear to be more interested in hiring and firing, CONTRACT WORKERS rather than having their own dedicated and loyal talented workforce.
Tab Four will focus on INFLUENCING. Successful organizations in today's world must be able to influence the attitudes, perceptions, desires of their key stakeholders. Stakeholders include any organization or individual who have a long term stake in the company or organization. These include customers, suppliers, employees and increasingly governments, regulators and socio/ political organizations. We will highly organizations who have been able to set and maintain the rules that permit them to lead and make money.
Tab Five focuses on the NETWORKS and SYSTEMS. These include their internal management structure that permits them to provide and manage the other factors. For instance their needs to be systems and networks to select, motivate and reward their leadership, systems and networks that permit the organization to track and monitor what is happening in the macro and micro world that will require CHANGE at the time.
Our approach will be to describe and explain these major success or leadership factors and then to periodically provide illustrations of GOOD and BAD execution. Hopefully we will get reactions, comments from those who are Linked In and have their own perspectives of what it takes to be a successful leader.