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Special Report:

Preparing to Hire a Manager

Prior to beginning a search for a manager, the group should answer the following questions.

What is the Current Status of the Group?

  1. What are the objectives of your group? How well are they being achieved?

  2. What are the basic financial parameters of the practice? Consider:

    bulletNumber of physicians
    bulletSpecialties represented
    bulletNumber of employees
    bulletNumber of locations
    bulletAnnual patient billings
  3. What are the reasons for the existence of the open position? What are the circumstances surrounding the vacating of the position by the manager who occupied it?

  4. Why is the position not being filled by someone within the organization?

  5. What efforts have been made, so far, to fill the position?

  6. What are the short-range and long-range plans of the group that would affect the future manager?

  7. What objectives would the new manager be expected to achieve, over what period?

  8. What specific results must be produced? Within what time frames?

  9. What are the specific authorities, accountabilities, responsibilities, functions and duties of the open position? Does a job description exist for this position?

  10. How does the informal organizations within the organization operate? How are they likely to affect the new manager?

  11. What are the strengths and weaknesses of the group and of that part of the organization with which the candidate will be mainly involved?

  12. What will be your answer when candidates ask, "What would be the future opportunities for me in your group?"

 

What are You Looking For in terms of a Candidate?

Prior to beginning your search, you should agree on the following in regards to the candidate:

  1. Educational background desired:
    bulletEssential
    bullet

    Desirable

  2. Experience desired:
    bulletEssential
    bullet

    Desirable

  3. Specifically, what responsibilities must the candidate have had?

  4. How would you describe the personality of the manager who would be most likely to succeed in the position?

 

What Compensation are you Considering?

You should also agree on the compensation for the position (the Medical Group Management Association publishes a useful survey of Medical Group Management compensation and benefits). Consider :

  1. Salary

  2. Bonus

  3. Other items:

bulletDeferred compensation
bulletLoans
bulletProfit sharing
bulletLife, medical, accident and disability insurance
bulletPension plans
bulletClubs
bulletAutomobiles
bulletVacations
bulletEducational allowances
bulletAre you prepared to underwrite all of the costs and expenses involved in moving a manager from one location to another?

 

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