Posts by admin

The Permanent Story

Posted by on Jul 28, 2016 in The LFT Blog | Comments Off on The Permanent Story

Our past few blogs have focused on why hospitals can benefit from using interims. Interims are our original business, and there aren’t very many other firms who provide the full breadth of senior executive and mid-executive interim talent that LFT does. And although we like to stay humble, it is very satisfying to help healthcare clients who are in immediate need of leadership help. That way we can help them focus on what’s most important – taking care of the patients. The other side of our business is permanent placement, which historically LFT had done on an ad hoc basis, but we really...

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Two Years Later

Posted by on Jun 14, 2016 in The LFT Blog | 1 comment

Two years ago (June 14, 2014), I took over the leadership role CEO of Leaders For Today – with no experience in recruiting other than having been a client.  As a long time entrepreneur, my interest was in fundamentally changing an industry that is, on the whole (there are certainly exceptions), slow to deliver, expensive, and guilty of recirculating the same mediocre candidates.  People write a lot these days about “disruptive” healthcare organizations and technologies.  We aren’t by any means aiming to be disruptive. Just better.  And a little more creative. In our first full year with a...

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When To Use Interims

Posted by on May 4, 2016 in The LFT Blog | Comments Off on When To Use Interims

A few weeks ago I had a long conversation with a hospital CFO who wanted to discuss the right circumstances for when to use interims. Since it turned out to be a pretty engaging conversation, I thought I would repeat my thoughts here. The core of the interim value is that our interims are highly knowledgeable, experienced people. Think thirty years of practice in leading important areas of hospitals. There are few situations they have never seen before. As such, they can virtually always jump in quickly and make a position impact. The next question, then, is when do you use interims and when...

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The Sequel: This Is An Important One To Read

Posted by on Mar 10, 2016 in The LFT Blog | Comments Off on The Sequel: This Is An Important One To Read

We had a great response to February’s “Human Capital Chaos” blog. Lots of comments and even more questions. So this is going to be the sequel. Once again the theme is knowing the economics of key positions. So how expensive are interims? Once again, it’s not a hard calculation if you think through it properly. Interims cost more per day without question. They get battle pay for living in an apartment or hotel, and away from their family/home. And LFT makes a margin as well (otherwise there would be no more great newsletters). The average permanent salary of the positions we hire for is...

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Human Capital Chaos

Posted by on Feb 5, 2016 in The LFT Blog | Comments Off on Human Capital Chaos

Over the past few months we have begun what I might call “strategic” conversations with a couple of hospitals about addressing their recruiting challenges. One of the hospitals has over 500 vacant positions; the other slightly more than 1,000. It is clear that their current models (staffing, tools, etc. provided to HR) aren’t going to ever allow them to catch up. From my perspective, this situation of perpetually being short-staffed is common to many (most?) hospital organizations. The demands on the HR recruiting function most often far exceed their capacity to deliver....

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