2007
DOI: 10.3200/htps.85.4.10-16
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Incoming and Outgoing Hospital CEOs: What Kind of Help Do They Want?

Abstract: CEO turnover, although common, is expensive and disruptive for everyone involved. Both incoming and outgoing CEOs would welcome help in making the transition a painless experience. Through a 2005 nationwide survey of 805 current hospital CEOs, the authors obtained comments and suggestions in response to three open-ended questions about specific activities or processes that would help incoming and outgoing CEOs. Mostly, CEOs felt the need for a structured orientation process, succession planning, concrete peer … Show more

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Cited by 6 publications
(5 citation statements)
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“…Competitors take advantage of CEO turnover as it creates a window of opportunity for them to increase market share via increased marketing, expansion, and enticing important staff from the CEO-less hospital [37]. These competitive practices can highly influence a hospital as one-sixth of CEOs turnover every year [38]. Additionally, as hospital competition in an area increases, the different behaviors associated with hospital ownership decrease [33].…”
Section: Discussionmentioning
confidence: 99%
“…Competitors take advantage of CEO turnover as it creates a window of opportunity for them to increase market share via increased marketing, expansion, and enticing important staff from the CEO-less hospital [37]. These competitive practices can highly influence a hospital as one-sixth of CEOs turnover every year [38]. Additionally, as hospital competition in an area increases, the different behaviors associated with hospital ownership decrease [33].…”
Section: Discussionmentioning
confidence: 99%
“…1. The genesis of the research associated with this paper was a number of authors who suggested that succession management could pose significant challenges within the healthcare sector as Baby Boomers begin to attain retirement eligibility (Alpi, 2007;Blakesely, 2011;Cashman, 2001;Feeg, 2008;Fibuch and Van Way, 2012;Groves, 2007;Hart, 2007;Ip and Jacobs, 2006;Khaliq et al, 2006Khaliq et al, , 2007Kim, 2012;Kiyonaga, 2004;Knudson, 2014;Lewis, 2009;Lopez, 2012;McAlearney and Sinioris, 2010;Montgomery and Oladapo, 2014;Oladapo, 2014;Pennell, 2010;Redman, 2003;Reid and Gilmour, 2009;Vasquez, 2014;Walker, 2005).…”
Section: Notesmentioning
confidence: 99%
“…This is of particular importance in the contemporary, rapidly changing healthcare environment where some organizations are already experiencing shortages of qualified replacements (Coonan, 2005). In fact, every year, it is estimated that one in every six hospital executives retires or moves to a new position (Khaliq et al, 2007); to focus principally on senior executive roles within healthcare, however, lends dysfunction to organizational succession planning (Fibuch and Van Way, 2012;Fried and Fottler, 2008). Among other professionals among the healthcare industry, it is notable that of the approximate 798,000 physicians practicing within the USA, roughly 322,000 (approximately 40 percent) are 55 and older (approximately 50 percent of professional nurses are also reaching retirement age; American Association of Colleges of Nursing, 2014; Association of American Medical Colleges, 2010;Rich, 2014) [2].…”
mentioning
confidence: 99%
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“…Change also involves the delta created by the loss of collective knowledge and experience of the incumbent organization's personnel. The gaps created between the incumbent and successor organizations can affect personnel's moods and can contribute significantly to organizational instability (Khaliq et al, 2007).…”
Section: Condition Settingmentioning
confidence: 99%