Adaptability and agility will differentiate HCOs that flourish amid volatility, per our new research, “Healthcare Leaders: How To Thrive Through Volatility.” Following recent changes in health policies and US government funding, it could be tempting for leaders at US healthcare organizations (HCOs) to hunker down. Instead, to successfully navigate uncertainty and bolster their image as a pillar of strength and stability, healthcare providers and health insurers must lead with core values and revisit their priorities.
Prioritize and Be Proactive in Decision Making
For forward-thinking HCOs, the onslaught of rapid changes can be a catalyst for innovation and transformation. From private sector players to government agencies, HCO leaders must navigate change while honoring their mission and values. They must balance cost savings, growing cybersecurity and concentration risks, pressure to innovate, and leading change for their (often extensive) teams.
We know it’s a tall order. Where to start? HCOs must firmly root their actions in their core values and foster collaboration within and across sectors of the industry. To bolster efficiency and stability, HCO leaders must both also proactively develop and use frameworks to evaluate, test, measure, and invest in emerging technologies and new, innovative business models. Forrester’s new Healthcare Rapid Change Prioritization Tool helps leaders assess new initiatives in terms of their potential impact on customers, the business, and employees.
We’re here to help you navigate the complexities of today’s healthcare landscape with confidence and resilience. Forrester clients can read our latest research for a detailed look at actionable strategies to thrive through volatility in healthcare and use the accompanying prioritization tool to determine their best steps forward. Clients: please schedule a guidance session to delve into this research and have us by your side every step of the way.
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