Show Notes
EVERYONE CAN NAME THE PROBLEM. FEW FIX IT FOR GOOD.
Dr. Jake Tayler Jacobs pulls back the curtain on life as a corporate fixer, including why SIPS brought in someone from outside healthcare to see things differently. He shares a company that had gone through three CEOs in two years and was six months from bankruptcy, and how a town hall with frontline staff started a comeback that had it profitable 18 months later.
IN THIS EPISODE • Six signs a turnaround is needed, from falling revenue and lost market share to a strategy that drifts • His five steps: diagnose, stop the bleeding, build the strategy, implement and monitor, build for the future • Why huddles are for adjustments, not celebrations, and why accountability only happens through transparency • Why fixing SPD without fixing the OR is only half a turnaround
KEY TAKEAWAY Be honest about the reality, make tough decisions quickly but not recklessly, and bring your people into the turnaround.
━━━━━━━━━━━━
Bred To Lead is powered by SIPS Healthcare Solutions. BredToLead.com SterileByDesign.com SIPSHealthcare.com
More from Bred To Lead
YOU ARE A 10,000 POUND ELEPHANT CHAINED TO A SMALL STAKE
THE BELIEFS YOU DON'T KNOW YOU HAVE ARE CONTROLLING YOU
YOU CAN'T OPTIMIZE DOWNSTREAM WHILE THE CONSTRAINT SITS UPSTREAM
THE SAME PEOPLE LOOKED EXCELLENT ONCE THE SYSTEM CHANGED
TRADITION WITHOUT EVOLUTION IS SLOW DEATH WITH BETTER BRANDING