Posts Tagged "COO"

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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Best Year Ever

Posted by on Jan 8, 2016 in The LFT Blog | 1 comment

I have been dubbed a “serial entrepreneur” in the past for having been part of launching several startups. I often refer to LFT as a 12-year-old startup, as our team has spent many hours re-thinking every piece of our business since I joined almost two years ago. It’s been a lot of fun, and it’s nice to be able to say that our mission to truly change the recruiting experience for both clients and candidates is moving in the right direction. We just finished our best year ever at LFT. Placements were up 16% from 2014 (which was our previous best year). I like to think...

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