While life sciences have taken center stage during the COVID-19 pandemic, with Dr. Anthony Fauci taking on almost mythic leadership status, general-science leadership has shared the spotlight and has called attention to what Lund University associate professor Sverre Spoelstra calls “the dichotomy between leaders and bureaucrats that underpins popular leadership notions, such as visionary leadership, …
Engineering leadership has a bit of an identity crisis. Much of this crisis stems from the fact that engineers have a highly technical focus that may not include traditional leadership skills, such as interpersonal communication and people-management. “For individuals whose love of engineering comes from their technical problem solving,” Cindy Rottmann and co-authors write in …
In April 2020, London-based Source Global Research predicted that the U.S. consulting market would shrink 20 percent by the end of the year because of the COVID-19 pandemic. Procurement-intelligence firm Beroe, Inc., monetized this reduction in business as a $30 billion hit to the consulting sector. Client postponement or cancellation of consultant-led projects is responsible for …
Entering the third decade of the 21st century, leaders in the accounting sector are confronted with the inexorable march toward automation and digitization against the backdrop of a call for upskilling, especially in the area of change management. The International Federation of Accountants (IFAC) cites leadership skills as important for accountants, “particularly as they have become …
As the industry is under pressure to produce vaccines, diagnostics, and therapeutic medications to address the COVID-19 pandemic, life sciences faces disruption, along with significant leadership challenges and diversion of attention away from normal business. EY reports in How life sciences CEOs can rewire strategic planning and execution on research in which 76 percent of …
Because labor costs typically consume 50 to 60 percent of a hospital’s operating revenue, less-than-stellar leadership can have a significant impact. “Healthcare organizations represent a system of processes, people, and other resources that must be led effectively to achieve the desired outcome of high-quality, safe patient care,” writes Carol J. Huston, a nursing leader and nurse …
When businesspeople refer to private equity-backed company leaders, they are typically referring to CEOs hired by private equity (PE) firms to run new acquisitions in their portfolios (these portfolio companies are sometimes abbreviated as “portcos”). PE firms may hire other leaders, such as CFOs and other C-suite executives, but CEOs are the main focus. Much …
What You Need to Know Right Now to Level Up as a CNO The Chief Nursing Officer (sometimes known as Chief Nursing Executive) is the top-ranking nursing management professional in any healthcare organization. A July 2017 study of CNOs by AMN Healthcare and The Center for the Advancement of Healthcare Professionals identified about 3,800 CNOs …
What You Need to Know Right Now to Level Up as a CTO Of all C-Suite roles, the Chief Telehealth Officer (CTO) role is arguably the most affected by the 2020 Covid-19 pandemic and is thus likely to present growth opportunities. The Chief Telehealth Officer role is sometimes identical or similar to roles with such …
What You Need to Know Right Now to Level Up The watchword for the Chief Creative Officer role is “change.” Headlines of articles about the role often refer to “evolution,” a “murky future,” and a function redefined by digital transformation. Some practitioners note the role has become more collaborative and that it veers more toward the …
