On Leadership

M&A work is not just about technology

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Between the organizations I’ve served as CIO and the health systems I’m advising these days through StarBridge Advisors, I’ve seen plenty of M&A activity over the years. Mergers and affiliation agreements People putting the pieces together conceptcome in all sizes.

For a CIO there are the typical areas to look at for system consolidation and integration. But it’s not just about technology. You have to consider the people who are impacted.

I recently wrote an article for the CIO Techie Magazine Healthcare Technology Special Edition 2019 called “M&A activity continues – for IT leaders it’s not just about technology”. I advised on how best to retain talent while still ensuring the strategic goals of the organization and the drivers for the M&A activity are met. My advice:

  • Get to know your new partners and colleagues early
  • Remember that culture is key
  • Partner with HR early on
  • Communicate early and often
  • Think win-win not win-lose
  • Be kind and generous

Check out the full article here.

Related Posts:

Merger mania – is it good for the patient?

Culture matters in mergers

Corporate functions, local service

Confidence matters as much as competence

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How real is “the confidence gap”? How do you address it in your own work? This was one of the topical questions I posed on a recent TweetChat that I hosted for Jenn Dennard and #HealthITChicks.Brave woman posing as super hero

What would you tell your 20-year-old self? That was one of the questions posed a few days later to me and my co-panelists at the 3rd annual Women in Business Conference – Lead. Represent. Mentor. – sponsored by the Women in Business Club at Hult International Business School. Our panel was “Leading Change in Technology”.

One of the panelists, Nancy Li, is a young woman with a PhD in Materials Science and Engineering. She is the Manager of Edge Computing Commercialization at Verizon. In response to that question, she quickly answered, “Be fearless”. After everything I learned about Nancy’s career and experiences, I wasn’t at all surprised at her answer. The other panelist, Florence Lu, is a Senior Solution Architect and four-time IBM Master Inventor working at IBM Research and has filed more than 180 patent applications. She commented on the importance of developing public speaking skills if you want to be a leader, pointing out that you must be able to present your ideas to others. Clearly, she has been an idea generator and innovator her entire career.

I’ve spoken and written a lot on issues that women face at work in the past few years and willingly shared my own experiences as a professional woman and leader in IT for over three decades. I was truly impressed with Nancy and Florence’s accomplishments as technology professionals and their eagerness to share their own stories and advice. And their confidence!

I highly recommend reading the article, “The Confidence Gap” by Katty Kay and Claire Shipman published in The Atlantic, May 2014. They did extensive research on the differences between how girls and boys / women and men approach situations. The bottom line is that confidence matters as much as competence and confidence must lead to action. A few excerpts from the article: Continue reading →

What’s YOUR personal brand?

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We all have a professional network, big or small. It may be people we know well and have worked with at some point. Or people we’ve met briefly at a conference and agreed to keep in touch. Or people who canstockphoto18694235 (1) personal brandhave reached out to us to connect on social media channels after seeing our profiles.

While you may not think you have a “personal brand”, you do have a professional reputation.  The idea of having a personal brand may have invoked thoughts of vanity in the past. But not in this technology enabled social media world we live in.

So, what is your personal brand? Are you consciously creating it? How do people see you publicly online and in person? What are you known for? These are all questions you should be able to answer.

One of the first ways I thought about it was when I re-initiated my Twitter account several years ago and had to write my profile. At the time, my account was private. A colleague who was advising me on social media told me that was my first mistake. Twitter is meant to be public – I shouldn’t have to approve who can follow me. More importantly, he said my profile should capture in just a few phrases who I am and what’s important to me.

I recently saw a blog post by Janet Mesh from one of our partner firms, Healthcare IT Leaders, titled “How To Boost Your Career With An Online, Personal Brand”. I was reading along thinking, yup, yup I do all that. Then I was pleasantly surprised and grateful to see that I was used as an example. Thanks Janet and Healthcare IT Leaders!  And thanks to all those who gave me encouragement and advice to get started in a focused way building my social media presence several years back. Continue reading →

9 articles on women and work worth your time

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In the past month, I’ve seen more articles on women in leadership, women on boards, and gender equity than I have seen in a long time. It’s probably reasonable to assume the increased focus has to do with it canstockphoto44053815 (1) time for changebeing Women’s History Month. As I said in my post on International Women’s Day, let’s not just focus on these issues for one day or one month but all year long.

Here’s a sampling to check out if you are committed to ensuring women have a seat at every table:

A seat at the head of the table by Emily Bazelon in The New York Times Magazine. It’s an insightful interview with two experts on leadership – Katherine W. Phillips, a professor of organizational management at Columbia University, and Shelley Correll, a sociologist at Stanford.

Wanted: 3,732 Women to Govern Corporate America by Jeff Green, Hannah Recht and Mathieu Benhamou in Bloomberg Businessweek. That headline should get the attention of any woman interested in serving on boards.

Women in venture: The case for increasing representation in digital health investing by Laura Lovett in MobiHealthNews

From the practical experience of women leaders comes insight, advice and inspiration for others:

A rising tide lifts all gender-balanced boats bound for HIT board rooms by Jenn Dennard at HealthITChicks

Achieving a better gender balance across all levels of an organisation by Wendy Clark in HealthITNews

Four McKinsey leaders share their advice for early-career women – McKinsey Blog from McKinsey & Company. I particularly liked these spot-on words of advice: Continue reading →

Negotiation is an everyday skill

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When we think of needing good negotiation skills, we often think in terms of salary and promotions. For sales people and buyers, it’s negotiating terms and price. But if you really think about it, you are probably canstockphoto16049179 (1) negotiatenegotiating with someone about something every day.

Let’s look at some different situations.

Negotiating as an employee – This is certainly not an everyday event. You may be negotiating salary as part of a new job offer or a promotion with your current boss. Keep in mind that you can negotiate more than just the salary and any potential bonus. Most companies have a standard set of non-negotiable benefits that the HR representative explains. But there are other components you can negotiate before accepting an offer. One example may be a remote work option or relocation benefits. Consider the “value” of other benefits beyond the base salary as you negotiate. The key to success is to do your research on what might be possible, be ready with your ask, and be clear on what you’re willing to compromise on.

Negotiating as a buyer – This is not an everyday event either. You may be negotiating with a vendor for a product or service. Or you may be buying a new house or car. There may be some situations where there is no room for negotiation but it’s more likely that you be able to. Again, it’s not just the core price but other terms as well. The key to success will sound familiar – do your research, be ready with the ask, and be willing to compromise.

Negotiating as a team member – This could involve a new assignment you have been asked to take on or a due date you have been asked to meet. Neither are set in stone. Continue reading →

International Women’s Day all year long

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#Balanceforbetter – what a great hashtag! That’s the theme for International Women’s Day 2019. While it’s celebrated on March 8 each year, the global campaign continues all year long as it should.canstockphoto48269311 (1) IWD

I remember celebrating International Women’s Day back in the 70’s during the height of the women’s movement. With the increased focus on gender equity it has become much more mainstream.

International Women’s Day is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. According to the website, International Women’s Day (IWD) has occurred for over a century, with the first​ ​IWD gathering in 1911 supported by over a million people in Austria, Denmark, Germany and Switzerland. Prior to this the​ Socialist Party of America, United Kingdom’s Suffragists and Suffragettes, and further groups campaigned for women’s equality.

And March is Women’s History Month. According to the Women’s History Month website this month had its origins as a national celebration in 1981 when Congress passed a bill authorizing and requesting the President to proclaim the week beginning March 7, 1982 as “Women’s History Week.” In 1987 after being petitioned by the National Women’s History Project, Congress passed a bill which designated the month of March 1987 as “Women’s History Month.”

I’ve been seeing a lot of women’s events and webinars promoted on social media channels. Webinars and live webcasts I’ve registered for this week include:

  • The State of Women at Work
  • Women in Technology Role Models: A Global Perspective
  • Tech She Can: Together we can change the ratio

It took me a minute to realize that live webcasts at 5 AM weren’t a mistake. With international events online, that’s the middle of the day somewhere in the world. The good news is that they are all available on-demand afterwards at BrightTALK. Continue reading →

Develop women leaders, transform leadership

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I am passionate about developing the next generation of leaders, in particular helping to develop women leaders in health IT. I have joined with Gale Thompson, a renowned leadership coach, to offer a new c change key image li REVISIONservice through StarBridge Advisors called C-change. Our goal is to equip female leaders in health IT with the perspectives, knowledge, skills and support to be an effective leader – her way.

Why are we doing this? We see a world in which female IT professionals hold up half the world in healthcare at all levels.  They are seen, supported, and expected to be leaders.  They are equally as successful and effective as their male colleagues and enabled to be leaders each in their own unique way, drawing on their strengths, values, and personal qualities.  They can effectively bring to leadership both their head and heart.

We want to support the development of female leaders at all stages of their career such that they enter, evolve, and attain leadership positions at a rate equal to their male peers and in a way that fully utilizes their strengths.

To start with, C-change will offer two unique online courses beginning in March:

Preparing Emerging Leaders for Success

This course is aimed at women early in their health IT career who are looking to develop their leadership skills. I will conduct a 6-month online series of participative group webinars for aspiring women leaders. Each series will be limited to 20 participants and include 6 one-hour monthly sessions, each with a presentation and small group breakouts for discussion on the following topics:

Building Confidence – Developing Your Inner Strength and Voice

Finding Your Passion – How to Know When to Make a Move

Negotiating for Success – Negotiation Skills and Crucial Conversations

Building Your Network and Personal Brand – Leveraging Social Media

Making the Right Choices for You – Life/Work Balance

Through this custom-tailored series, you will gain valuable insight and make lasting connections with other aspiring women leaders. Continue reading →

7 Ways to develop the next generation of leaders

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One of the primary responsibilities we have as leaders is to develop our people. As leaders we can’t lose sight of the fact that our people are our greatest asset. And we can’t say we’re too busy. It must be a canstockphoto21415598 (1) development compassfoundational part of how we work and lead.

Succession planning may be a formal program at your organization. Or it may be something informal that you just know you needs your attention.  After all, you won’t be there forever. You owe it to your organization and your team to have some form of a succession plan.

As leaders, we didn’t get to where we are without the support and investment of others who came before us. It’s up to us to develop the next generation of leaders. Here are 7 actionable ways to support your commitment to the next generation of leaders.

Find out what their goals are – This is especially important if you have come from outside the organization and one of your direct reports applied for your position. Don’t pretend this didn’t happen or you don’t know about it. Be proactive and discuss it with the individual(s). Find out their long-term goals, figure out their gaps so they will be ready next time an opportunity comes up, and agree on a specific development plan.

Provide them exposure at executive and senior leader meetings – Technology is pervasive in most organizations. CIOs are routinely being asked to join one more committee or leadership group so IT is involved and represented. Be selective about what you need to attend. For everything else, identify leaders on your team who can add value but also gain experience by being the IT leader involved. Be explicit about what you are doing with the committee or group leader and make sure you have their support.

Assign a department wide initiative – There are always initiatives that cut across the entire IT organization. They may involve new processes with a heavy dose of culture change.  Identify a leader who can lead the initiative and develop new skills by leading it. It beats the usual “voluntold” approach. Continue reading →

The evolving role of the CIO

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At the beginning of 2019, is your role as a Chief Information Officer what it was a year or two ago? Is that even still your title? Chances are the answers are no. Your role is possibly broader and more strategic canstockphoto2442956 (1) changing role of CIOthan it was.

Much has been written about the changing role of the CIO. There is talk about CIO 3.0. Some CIOs may feel pressure to take on new responsibilities, so they aren’t overshadowed by other new CXO leaders. But many more want to broaden their role as healthcare and technology evolves.

As John Glaser summarized so well in his article, “The Evolution of the Health Care Chief Information Officer”, many new CXO roles now interplay with the CIO role.

He talked about the five factors shaping the CIO 3.0:  the transformation of the health care business model; relentless innovation in information technology; shift in strategic emphasis; stepping up your skills; and IT leadership becoming a team sport. This last one is critical. The CIO and other evolving roles must play well with one another in the interest of the organization.

One of our StarBridge Advisors blogs in 2018 was by Avery Cloud, a former advisor and now CIO at Franciscan Missionaries of Our Lady Health System (FMOLH).  The title of his blog post was “The C-Double I-O”, adding a second “I” in the CIO title for innovation. He challenged CIOs to become as conversant in innovation principles as they are in ITIL.

David Chou, Chief Information and Digital Officer at Children’s Mercy Hospital, suggests that CIO also must mean “chief influence officer”. In his article he emphasizes the importance of creating a strong culture that supports transformation, and thinking like a CEO.

In the most recent StarBridge Advisors blog, “10 Steps to Prepare for 2019 – Big Challenges – Bigger Opportunities”, David Muntz had some advice for CIOs in the coming year. In step #3 he encourages CIOs to do a self-assessment. Continue reading →

Making time to give back

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As I noted in my recent post on tips for business travelers, I’ve been on the road a lot lately. Some of that travel has been for what I call “give back time”. Over the years I’ve participated on various boards andcanstockphoto28010569 (1) giving back committees, volunteering my time to advance our industry.

But it’s not all about giving – I get plenty from it as well.

I’m in my sixth year on the AAMI board. For this second three-year term, I’ve also been a member-at-large on the executive committee which means an extra day of meetings twice a year and more materials to review beyond the core board work.

As part of the AAMI board I have had the opportunity to get to know a diverse set of senior leaders in the medical technology industry. This includes the CEO of Steris, the Chief Quality Officer of BD, the Global Product Security & Services Officer for Royal Philips, and the Director for Health Technology Management for the VA – just to name a few. There are several board members from provider organizations including physician and health technology management (HTM) leaders. Along with a healthcare CIO on the board, Pam Arora from Children’s Health in Dallas, I offer a health IT and CIO perspective. Different than the contributions that other members make.

As a board we learn from one another and help advance the mission of AAMI which is to lead global collaboration in the development, management, and use of safe and effective health technology. Continue reading →