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Gone tomorrow? CEOs speak out on institutional survival
Trustee : the Journal for Hospital Governing Boards
|April 10, 1985
Summary
Hospital CEOs face survival challenges for both their organizations and personal well-being. This study explores CEO-perceived actions crucial for ensuring hospital and individual resilience.
Area of Science:
- Healthcare Management
- Organizational Behavior
- Hospital Administration
Background:
- Previous research explored CEO succession and retirement planning.
- This article focuses on hospital CEO survival and well-being.
Purpose of the Study:
- To investigate the factors critical for hospital survival from the CEO's perspective.
- To identify actions hospital CEOs believe are necessary for their personal well-being and professional longevity.
Main Methods:
- Analysis of a national survey data from hospital Chief Executive Officers (CEOs).
- Comparative analysis with findings from a previous study on non-hospital corporate CEOs.
Main Results:
- Hospital CEOs perceive distinct challenges to organizational and personal survival.
- Specific actions are identified by CEOs as vital for ensuring both hospital viability and their own well-being.
Conclusions:
- CEO well-being is intrinsically linked to hospital survival and operational success.
- Proactive strategies are essential for navigating the complex demands of hospital leadership and ensuring long-term sustainability.
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