PEJ Career Center Three Essential Management Tasks Bill Tiffan Principal at T2 Management Consultants Sarasota, Fl. bill@t2-consultants.com • How do you manage pressure, setbacks, criticism and not always getting your way? • How resilient are you in the face of disappointment? • How flexible are you when things don’t go as planned? • How even-tempered are you when under stress? • How receptive are you to feedback and being challenged? “What’s the bottom line,” Ron asked me, “about being a successful manager? There are so many books and seminars about management; I don’t know where to begin. Can you boil it down to the essentials?” Ron, CEO of a large hospital, asked as we were discussing how to take his management team to the next level of effectiveness. Ron’s question shows he understands that an important part of his leadership role is developing a high-performing team to lead his hospital that was facing the many challenges common to health care providers today. And it also indicates how confusing it can be to think about developing your management team given the complexities of their jobs and the need to “net things out” in order to get your arms around this important task. It turns out that much of the complicated advice on managing can be boiled down to three essential management tasks: 1. Managing yourself 2. Managing others 3. Managing the business I have found in working with hundreds of leaders in many industries that, if you are giving attention to each of these skill sets, you will be well on your way to developing your own management effectiveness and that of your team. Managing yourself First, you need to understand yourself and how you tick. • What is your level of personal adjustment to leadership? 76 PEJ may•june/2010 Your answers to these questions speak volumes about your level of maturity, your ability to handle difficult situations and how stable and confident you appear to those around you. So how do you find the answers to these important questions? I recommend three approaches: 1. Self-assessment 2. Feedback 3. Individual development planning Self-assessment Some are skeptical of this approach since it’s easy to fool yourself by thinking you are better at something than you really are. However, using various assessment instruments can be very helpful in raising the right questions as well as giving you some answers. For example, the insights gained from such assessments as the 16PF Assessment®, Myers-Briggs Type Indicator® the DISC® and many other similar instruments will give you, in broad strokes, insights about yourself that you can explore in more depth by asking others about their perceptions of you. Assessments not only confirm what you already know about yourself but also highlight tendencies that may, by their strength, alert you to the need to compensate in planful ways. Feedback You cannot really know yourself apart from feedback, so seek it in any way possible from your boss, your peers, your direct reports and even your friends and family. Some find 360-degree feedback processes very helpful as they provide input from the various business stakeholders who know you well. They provide perspective on your skills and knowledge that, together with your self-assessment, are very practical and useful feedback. But everyday feedback can also be useful. For example, “Bill, you did a great job with that presentation because______. I suggest you also consider adding something about _____ next time which would strengthen your argument and be more relevant to other audiences.” Such feedback causes you to reflect on what you have done and make adjustments much like real time feedback through navigation instruments and flight controllers help pilots to make adjustments to their flight plans for a smoother flight. How well you relate to others is critical to your success as a manager. What is your level of interpersonal savvy? How well do you relate to and interact with others? How strong are the teams you build? How competent are the people you select and promote? Individual development planning This takes all the data from assessments and feedback and allows you to put them into a structured plan. Such plans normally focus on just two or three goals (e.g. to be a more incisive decision maker, to delegate more effectively to develop others), specific action steps to move toward those goals and how to measure progress. Individual development planning can be used to make adjustments to your career “flight plan,” if you will, to help you navigate more smoothly through your career. Advertisement Managing others How well you relate to others is critical to your success as a manager. • What is your level of interpersonal savvy? • How well do you relate to and interact with others? Career Center • How strong are the teams you build? • How competent are the people you select and promote? • How solid are your relationships with peers, bosses, customers and direct reports? How you answer these questions is a good indicator of whether you have developed willing followers or people who follow you only because you’re the boss. ACPE.org 77 PEJ Career Center A great place to start in managing your business relationships is by completing and managing according to a stakeholder matrix, a tool to help you assess and better leverage your business relationships. This matrix is made by creating a spreadsheet on which you list all the key stakeholders you interact with in business: your boss, direct reports, peers, other senior leaders and others. Then create columns to evaluate your business relationships. For example: Strength of my relationship with this person? Importance of this person to my success? How committed is this person to my success? Rate each one with a number and you will quickly figure out where you might need to spend more time to build stronger business relationships. Finally add notes about strategies to use to better leverage each relationship for greater business success. Another important strategy involves managing and developing your team, both in terms of their individual development and how they interact with each other to manage the business. For details on placing classified ads, consult our rate card in the online media kit at ACPE.org or call 800/562-8088 Dalton Boggs and Associates Aprofessionalconsultingfirmassistingclient organizationsintheexecutivesearchprocess. Specializinginphysicianmanagementpositions. Resumeorvitaemaybeforwardedtoouroffice: P.O. Box 2288, Edmond, Oklahoma 73083 Telephone: (800) 348-1654 Telefax: (405) 348-1693 Email: daltonb@boggsassociates.net 78 PEJ may•june/2010 Often I find that leaders are not hands-on enough to effectively guide their teams. They have thoughts like “I hired strong performers who don’t need me to micro-manage them. I’ll be there for them if they need me.” This amounts to abdicating your management responsibility. The role of a manager can be viewed in four dimensions as shown in Figure 1. Many managers think of their roles as two-fold: set expectations for performance and monitor and measure performance. They think that doing those two things add up to holding people accountable. But as the diagram suggests, there are two other responsibilities that balance out the model. Whenever you set expectations, you must balance them by supporting the person with the necessary coaching, training and resources to meet those expectations. And not only should you monitor and measure performance, but you must also balance these actions by acknowledging that performance with feedback and appropriate recognition and consequences for how the job was done. Managing the business It is essential, of course, that you know your business. • What is your level of business acumen? • How do you approach decision-making? • How skilled are you at reasoning, analysis and creative problem solving? • How well versed are you in accounting, finance, operations, customer service, sales, marketing and human resources? • How effective are you at strategic planning, trouble-shooting and anticipating trends? • How well do you know your product, service, industry and market conditions? • How well do you know your competition and your potential for expansion and diversification? Manager's Role Set Expectations For Performance { Business Performance Teamwork Communication Frequency and Style Ranked Priorities Follow Up: Inspect What You Expect Ensure Alignment With Expectations { Seek Feedback From Other Sources Acknowledge Performance { Monitor & Measure Performance Provide Feedback Recognize & Reward Training Coaching Tools & Resources { Set and Manage Consequences Support Performance GUMBERT & ASSOCIATES Physician Executive Search Send or fax resume/cv to P.O. Box 483 Surfside, CA 90743 e-mail: gumbert@gte.net FAX 562-592-2288 or call Gary Gumbert 562-592-1818 ACPE.org 79 Career Center Specializing in Physician Executive placement nation-wide Your answers to these questions say a lot about your business knowledge and the types of people you need on your team to help compensate for any knowledge and skill gaps. Here is where your technical expertise comes into play. In today’s complex world that is constantly changing, you must learn to manage the business at many levels and in the context of many types of problems. This is why the first two competency areas are so important: by managing yourself, you will know your limitations and be able to find ways to fill skill and knowledge gaps. By managing others, you will be able, through collaboration and teamwork, to build the kinds of team relationships to manage a diverse set of business challenges you will face. Today’s business world is simply too complex and fast moving to manage alone. That said, you do need to continue to build your skills in the areas referenced in the above questions about your abilities as a business person. I find this is often the Achilles heel of many leaders in health care. As a health care leader, you did not enter this profession through the doorway marked “leadership” or “management.” You entered through the door of clinician, researcher, academician or technician. You joined this profession because of your passion for health care, for serving patients and for furthering the scientific developments that will produce the drugs, the medical devices and clinical procedures needed to serve future generations. Executive coaching, team building initiatives, leadership training classes and self-assessment tools are all additional resources you can draw on to develop your management skills in the above areas. If you are already skilled in any or all of these areas, make sure that you are passing that knowledge on to others. Growing the business, the people and yourself are some of the surest ways to achieve success regardless of where you are in the organization, what position you hold and where you are in your career. Advertising Index Leadership Development Program . . . . . . . . . . . . . . . . . . . . . . . C-1, 1 ACPE Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 acpe.org/leadership acpe.org/publications ACPE Distance Education Courses . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 USC MMM Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 acpe.org/interact marshall.usc.edu/mmm ACPE Membership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 ACPE Membership Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 acpe.org acpe.org/myacpe ACPE Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 ACPE Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 acpe.org/publications acpe.org/publications Cogent Healthcare . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 UMASS MBA Degree . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 cogenthealthcare.com umass.edu/mba/acpe ACPE Degree Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 ACPE Partnership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 acpe.org/degrees acpe.org/partners ACPE Distance Education Courses . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Carnegie Mellon MMM Degree . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 acpe.org/interact heinz.cmu.edu/mmm ACPE Fellowship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 ACPE CareerLink . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 acpe.org/fellowship acpe.org/career CPE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 ACPE Course List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c-3 ccmm.org acpe.org/education ACPE Onsite Education . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 ACPE PIM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c4 acpe.org/onsite acpe.org/pim ACPE Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 acpe.org/publications Stay at the top of your game! Non-Members of ACPE can subscribe to the The Physician Executive Journal and keep up with all the latest information in medical management. Just $80.00 To Order: Visit our Website at ACPE.org or call 800/562-8088 80 PEJ maY•June/2010 Career Center Subscription