On this episode of the Chilcast, host John Moore III interviews John Glaser, PhD,?Executive in Residence at Harvard Medical School?and healthcare industry veteran. The conversation delves into his career in the healthcare IT space, the factors that determine whether a transformation strategy will be successful, and how to think about assessing the value of healthcare IT implementations – highlighting the need for organization leaders to align based on their specific goals. After years working at technology companies as well as in healthcare delivery organizations, John has learned one thing very clearly: organizational transformation isn’t easy.?Statistics show?that?at best?only 30% of organizations that embark on a major transformation initiative actually execute on that effectively. That means 70% – or more – of these initiatives fail. Over the years, his research has identified five unique, consistent success factors for transformation that apply to all organizations and stakeholders, with a lens to healthcare (which is an update from the three originally discussed in this?NEJM article). These factors are: ? Execution strategy needs to stay front and center – no getting distracting by shiny objects. ? Business model needs to change in a material way, aligned with the transformation vision. ? Honest assessment of whether the organization has the right skills to follow through from the executive suite to the front desk. ? Understand the nature of transformation – it takes time, and there’s rarely a clear cut “end.” ? Implementation! Too many organizations get the other four right, and still fail in this most critical area. We cover a lot of ground on this episode, and we are thrilled to share John’s many insights with our community. https://lnkd.in/gygGiTjW #podcast #healthcare #value #valuebasedcare #transformation #healthIT
