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Finding Your Fit
If your organization is joining
forces with another, you need to determine whether the
evolving organization will be a good fit for you.
Roger W. Nutter,
CHC
As healthcare continues its
evolution, the trend of consolidation and mergers is picking
up speed. Major not-for-profit and for-profit systems
are moving aggressively to serve the needs of their communities
and be better poised in the competitive marketplace, affecting
the careers of many healthcare executives in the process.
When two or more organizations
unite to form a single new organization, the issue of
"fit" within the new culture can have some serious
implications for those whose careers are affected. While
a person's skills, work style, and goals may be in synch
with those of the organization they work for, after a
merger that may no longer be the case.
If your organization is joining
forces with another, you need to determine whether your
style and goals will be in line with those of the new
organization. Doing so ahead of time will help you adapt
more quickly or give you a head start if you decide to,
or need to, leave the organization. Following are some
ways to make that determination.
Learn the Facts To learn
what the culture of the new organization will be like,
you must learn about your organization's merger partner
and its leadership. Successful healthcare executives will
seek out information to better understand the fiscal,
competitive, and strategic reasons for the merger, and
thereby better determine how and if they will fit into
the culture of the new organization. Talk to your colleagues
in the field to learn about the histories and cultures
of the organizations. Evaluate organizational documents
such as annual reports, paying special attention to the
mission statements and balance sheets. Learn about the
professional reputations of the key players in the merger.
Consider how you feel about
the culture of your current organization. If you are already
dissatisfied, the merger is not likely to change that.
However, if you are satisfied
with your organization's culture, you should talk to mentors
and decision makers within your organization and ask them
what they expect the new culture to be like. Will it be
similar to that of your current organization, or will
it change significantly? Get in the Loop If you are a
decision maker within your organization, staying "in
the loop" on the merger will give you a great deal
of insight into the culture of the merged organization.
By being an active participant as the merger unfolds,
you will be able to determine if one organization's culture
and processes will take precedence over the others and
who is likely to lead the new organization. In addition,
through your participation, you will have the opportunity
to help shape the new organization's culture.
Also, if you stay informed
on the merger process, you may gain the advantage of knowing
well in advance if your position will be eliminated, allowing
you to get a jump on your job search, if necessary.
Being involved in the early
phases of a merger offers other long-term career advantages,
among them accumulation of new skills. Mergers will continue
to play a significant part in the evolution of healthcare,
and healthcare leaders with merger experience will be
in demand.
Know When it's Time to Leave
In some cases, you may find that you do not fit in the
merged organization's new culture. For example, if you
prefer to work for a religious organization, a merger
with a non-religious one may create an organization with
a culture that is inconsistent with your professional
goals. Similarly, if you prefer the atmosphere of a small,
community hospital, it might be time for you to move on
if your hospital becomes part of a large, national organization.
Be proactive in deciding what your professional needs
and goals are and if the new organization's culture will
enable you to work toward them; if not, it may be time
to start looking for new opportunities.
In many mergers, when there
is overlap between the staffs of the merging organizations,
some employees may be offered severance packages. Although
a severance package or buyout may seem attractive at first,
seriously consider the long-term effects on your career:
How long will it take to find a position with another
organization? Will accepting the buyout look bad to recruiters?
Seek counsel from appropriate colleagues before choosing
to remain with the new merged organization or accept a
severance package.
Stay Flexible In a swiftly
changing field such as healthcare, it is important to
develop new skills and remain flexible in your career
goals—that way, you can always fit in as the needs of
your organization evolve with the marketplace. That adaptability
can also be applied when learning to fit into a new organizational
culture.
Be a positive and willing
contributor to the planning, consolidation, and reengineering
involved in forging new cultures; the more you learn about
these cultures, the easier it will be to find your place
in them.
Roger W. Nutter, CHC,
is president of the Nutter Group, a consulting firm in
Cincinnati.
This article is reprinted
from Healthcare Executive.
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