002 - Physician Leadership: the Myths and the Evidence

The Licensed to Lead podcast is for physicians, physician leaders, or anyone who thinks healthcare needs a transformation. Licensed to Lead means that physicians must establish the vision, the standards, and the culture in healthcare systems so that excellent patient care is central. <br /><br />In this episode, Patty Fahy, MD, the host of Licensed to Lead describes the myths and evidence about physician leadership and why physicians are uniquely equipped to pick up the reins and lead our medical groups, hospitals, and healthcare systems. <br /><br /><br /><br /><br />OVERVIEW <br /><br />PHYSICIAN CHARACTERISTICS= LEADERSHIP CHARACTERISTICS  <br />MYTHS:Physicians are arrogant,un-herdable cats and lone wolves who don’t understand teamwork, business, or finances  <br />EVIDENCE:  We’ve reviewed the myths—nowwhat’s the EVIDENCE about physicians’ performance in leadership roles? <br /><br /><br /><br /><br />DETAILS: <br /><br />Part One— Physician Characteristics <br /><br />Here are five leadership traits that ought to get you fired up to see a physician in the corner office of your institution:  <br /><br />Technical expertise <br />Tacit knowledge <br />The physician’s ability to learn and to adapt <br />Physicians understand the needs of other people at work <br />Physicians are trusted by the community and patients <br /><br />Part Two—Myths <br /><br />Time to bust some of the myths and stereotypes about physicians: <br /><br />Stereotype… <br /><br />#1  Doctors are lone wolves or cowboys who can’t get along on a team  <br /><br />#2Physicians have a command and control decision-making style  <br /><br />#3  Physicians are lousy at managing their money <br /><br />#4Docs are greedy and are primarily motivated by money <br /><br />#5Physicians are not suited to lead and not capable of running the business <br /><br />Find out why the stereotypes are not only wrong but also are harmful to physicians, staff and patients.  Rampant stereotypes make leadership roles look unappealing to physicians, allow administr