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b'The Licensed to Lead podcast\\xa0is for physicians, physician leaders, or\\xa0anyone\\xa0who thinks healthcare needs a transformation.\\xa0Licensed to Lead means that physicians\\u202fmust establish the vision,\\xa0the standards, and the culture\\xa0in healthcare\\xa0systems so that excellent patient care is\\xa0central.\\xa0

In this episode, Patty Fahy, MD, the host of Licensed to Lead describes the myths\\xa0and evidence\\xa0about physician leadership and\\xa0why physicians are uniquely equipped to pick up the reins\\xa0and lead\\xa0our medical groups, hospitals, and healthcare systems.\\xa0




OVERVIEW\\xa0

PHYSICIAN CHARACTERISTICS=\\xa0LEADERSHIP\\xa0CHARACTERISTICS\\xa0\\xa0
MYTHS:Physicians are arrogant,un-herdable cats and lone wolves who\\xa0don\\u2019t\\xa0understand teamwork, business, or finances\\xa0\\xa0
EVIDENCE:\\xa0 We\\u2019ve reviewed the myths\\u2014nowwhat\\u2019s the EVIDENCE about\\xa0physicians\\u2019 performance in leadership roles?\\xa0




DETAILS:\\xa0

Part One\\u2014\\xa0Physician Characteristics\\xa0

Here are\\xa0five\\xa0leadership traits that ought to get you fired up to see a physician in the corner office of your institution:\\xa0\\xa0

Technical expertise\\xa0
Tacit knowledge\\xa0
The physician\\u2019s ability to learn and to adapt\\xa0
Physicians understand the needs of other people at work\\xa0
Physicians are trusted by\\xa0the community and patients\\xa0

Part\\xa0Two\\u2014Myths\\xa0

Time to bust some of\\xa0the\\xa0myths and stereotypes about physicians:\\xa0

Stereotype\\u2026\\xa0

#1\\xa0\\xa0Doctors are lone wolves or cowboys who\\xa0can\\u2019t get along on a team\\xa0\\xa0

#2Physicians have a command and control decision-making style\\xa0\\xa0

#3\\xa0\\xa0Physicians are lousy at managing their money\\xa0

#4Docs are greedy and are primarily motivated by money\\xa0

#5Physicians\\xa0are not\\xa0suited to lead\\xa0and\\xa0not capable of running the business\\xa0

Find out\\xa0why the stereotypes are\\xa0not only wrong\\xa0but also\\xa0are\\xa0harmful\\xa0to physicians, staff and patients.\\xa0\\xa0Rampant stereotypes make\\xa0leadership roles look unappealing\\xa0to physicians, allow administrators to wave off concerns by physicians,\\xa0permit\\xa0apathy about\\xa0the need for vigilant recruiting and selection,\\xa0and\\xa0permit avoidance by administrators of\\xa0tough behavioral\\xa0issues.\\xa0

\\xa0Part Three\\u2014The Evidence Please\\xa0

Here is\\xa0the data on physician-led organizations: the\\xa0striking\\xa0underrepresentation\\xa0of physicians\\xa0in leadership\\xa0generally\\xa0and\\xa0the equally striking\\xa0overrepresentation\\xa0of physician leaders\\xa0at the top performing\\xa0healthcare\\xa0institutions.\\xa0\\xa0Find out why\\xa0being an expert in the core business creates better outcomes.\\xa0

One\\xa0of several\\xa0findings that is cited is the\\xa02018-19 US News and World Report\\xa0Best Hospitals Report:\\xa0of\\xa020\\xa0hospitals listed on the Honor Roll\\xa0of Best Hospitals 70%\\xa0have physician CEOs.\\xa0\\xa0Notably,\\xa0only\\xa0about\\xa06% of hospitals\\xa0nationwide\\xa0have physician CEOs.\\xa0\\xa0

\\xa0

ACTION STEPS:\\xa0

Challenge the myths about physicians\\u2014they areinaccurate but more importantly\\xa0they\\xa0cause\\xa0harm\\xa0\\xa0
If you knowpeople in\\xa0positions\\xa0to influence\\xa0your\\xa0next CEO selection\\u2014provide your perspective. Or send\\xa0them links\\xa0to this podcast.\\xa0\\xa0
If you\\u2019re 100% clinician or if you\\u2019re a student\\u2014consider making leadership development topicsten percent (10%)of your own continuing medical education program.\\xa0\\xa0
Take on a leadership role\\u2026.runfor a position or say yes if one is offered.\\xa0\\xa0

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Take a listen to the Licensed to Lead podcast available on all podcast platforms. If this resonates with you or you think that it will be of help or inspiration to someone you know, please share.\\xa0

\\xa0A note from the Licensed to Lead podcast host Patty Fahy, MD:\\xa0

Thank you for reading and listening. Visit\\xa0FahyConsulting.com\\xa0to learn more about how we work with physicians and other leaders to create healthy work cultures. Also\\u2014join future podcast conversations by sending me an email or leaving me a voice message. I would love to hear YOUR voice!\\xa0 Sign up for our newsletter: https://bit.ly/LicensedToLeadSignup'