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Leading beyond the bottom line, Part 4. The questions it has raised
R Schenke1, E Berkowitz, J M Ludden
1American College of Physician Executives, Tampa, Florida, USA. rschenke@acpe.org
Physician Executive
|April 9, 2001
Summary
This article addresses leadership in healthcare, emphasizing a moral philosophy beyond financial metrics. It guides leaders to balance responsibilities to patients, community, employees, and finances for ethical healthcare management.
Area of Science:
- Healthcare Management
- Leadership Studies
- Business Ethics
Background:
- Recent confusion exists regarding the role of healthcare enterprises, leadership, and management.
- A lack of guiding philosophy has led to a loss of focus on the "moral" or "right" aspects of healthcare.
- The "Leading Beyond the Bottom Line" series has garnered significant support from ACPE members.
Purpose of the Study:
- To address member questions regarding the "Leading Beyond the Bottom Line" leadership concept.
- To explore the moral challenges inherent in healthcare leadership.
- To re-establish a philosophical foundation for healthcare management and leadership.
Main Methods:
- Discussion and Q&A format addressing member inquiries.
- Exploration of ethical considerations in healthcare leadership.
- Philosophical analysis of the healthcare enterprise's role.
Main Results:
- Enthusiastic support for the "Leading Beyond the Bottom Line" concept among ACPE members.
- Identification of key questions and provision of author answers regarding leadership.
- Reinforcement of the idea that healthcare is more than a business.
Conclusions:
- A guiding philosophy is essential for healthcare leaders.
- Leaders must acknowledge and balance obligations to customers, community, employees, and financial assets.
- Ethical leadership requires a moral framework that transcends purely financial considerations.
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