Learn from Success: Discover how UnitedHealth Group's strategic senior leadership development program "Leadership Edge" boosted their net income by 49% in just one year. Which of their strategies could transform your company's bottom line?

Case Study: Tenet Healthcare's Senior Leadership Failure resulted in a staggering $955 million net loss in 2017. Avoid such pitfalls by learning from their mistakes.

Healthcare Industry and Leadership Insights: Harvard Business Review reported that 70% of healthcare businesses experienced a decline in revenue due to senior leadership failure.
​

Impacts on business Revenue due to Senior Leadership Failure

This happened to Tenet Healthcare which resulted in a net loss of $955 million for 2017, compared to a net loss of $79 million in 2016. Why?

• Lack of Strategic Vision
• Wrong Patient Admissions Strategy
• Wrong and Financial Mismanagement

How can I avoid such revenue loss?

UnitedHealth Group focused on senior leadership development and successfully increased net income to $10.6 billion in 2017, compared to $7.1 billion in 2016, representing a growth of 49%

Here are United Healthcare Group strategies:

• Deployed a company wide a senior leadership development program named "Leadership Edge"
• Focus on developing critical leadership skills such as strategic thinking, decision-making, effective communication, and team building.
• Focused on specialized product innovation and product development skillset.
• Identifying high-potential employees and providing them with personalized development plans to prepare them for future leadership roles.

P.S. Among those strategies, which one will be most affordable for you to apply to your company?



References & Sources

• Michael Beer, Magnus Finnström, and Derek Schrader, "Why Leadership Training Fails—and What to Do About It," Harvard Business Review
• United Healthcare Annual Report
• UnitedHealth Group's annual reports and internal HR analytics

​Author Details
John Masud Parvez, Top International Coach and Business Expert 
More Details: 

• In professional career: Top Business Transformation Expert, CIO
• In entrepreneurial life: Founder of VSHR Group
• In passion life: Keynote / Tedx speaker, Professional Coach

More Help for you

Author Details
John Masud Parvez, Top International Coach and Business Expert 
More Details: 

• In professional career: Top Business Transformation Expert, CIO
• In entrepreneurial life: Founder of VSHR Group
• In passion life: Keynote / Tedx speaker, Professional Coach