Chief Executive Officer is responsible for the short and long-term profitability and growth of the company. Organizes leadership and staff to meet strategic goals. Being a Chief Executive Officer ensures appropriate governance and controls. Identifies and delivers value to stakeholders. Additionally, Chief Executive Officer may require an advanced degree or equivalent. Typically reports to a board of directors. Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
MARKET SUMMARY:
Detroit Group
DMC Huron Valley-Sinai Hospital, Commerce Township, Michigan
Located in Commerce, Michigan, a suburb 25 miles northwest of Detroit, DMC Huron Valley-Sinai Hospital is one of eight hospitals/institutes composing the Detroit Medical Center. Huron Valley-Sinai Hospital is a full-service community teaching hospital with 158 licensed beds, including 6 pediatric beds in a partnership with Children’s Hospital of Michigan. The hospital is staffed by more than 420 physicians (288 active including 40 employed), 330 nurses, and 800 support staff servicing more than 40,000 patients annually.
The hospital annually has more than 9,500 admissions, and performs more than 2,500 inpatient and 5,000 outpatient surgeries. Huron Valley-Sinai Hospital features the Harris Birthing Center, a regional specialty center, the Charach Cancer Treatment Center, surgical suites, cardiac services, and comprehensive inpatient and outpatient diagnostic care. The hospital is located in Oakland County, among the ten highest income counties in the United States with a population over one million people. Oakland County is comprised of 61 cities, townships and villages. The communities served by Huron Valley-Sinai Hospital are mostly suburban and rural, and the area features dozens of lakes, and state and county parks, and is a recreational destination for hundreds of thousands in Southeast Michigan.
The Hospital's busy emergency department treats more than 33,000 patients each year. Cardiology services include all surgical procedures except transplant, with four cardiac cath labs available. Orthopaedics and oncology are also core service lines, with on-site radiation oncology services and a chemotherapy/infusion clinic. Obstetrics care includes high-risk pregnancy management, maternal/fetal medicine, and complete labor and delivery services. Critical care units treat cardiac, surgical, trauma, and medical cases.
In addition to its main hospital facilities, Huron Valley-Sinai Hospital operates two outpatient clinics, including the Charach Cancer Center and an imaging center in Novi, a suburb 10 miles southeast of the hospital. Huron Valley-Sinai Hospital was founded in 1986, and grew quickly thanks to the generosity of William Carls and the Carls Foundation. To honor this philanthropic history, Huron Valley-Sinai Hospital is located on 1 William Carls Drive.
Huron Valley-Sinai Hospital is fully accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO). The Joint Commission assesses the quality of care and safety for more than 15,000 health care organizations. The Joint Commission conducts an extensive on-site review at least once every three years whose purpose is to evaluate the organization's performance in areas that affect patient care. http://www.hvsh.org/
III. POSITION SUMMARY:
The Chief Strategy Officer will be responsible for oversight of the business and strategic planning and marketing integrity of DMC Huron Valley-Sinai Hospital. He/she will have responsibility for advancing the Hospitals’ short- and long-term business growth plans and the development and implementation of hospital business strategy and market position. Serving as chief strategy spokesperson for DMC Huron Valley-Sinai Hospital, the Chief Strategy officer oversees the strategic and business planning functions for the facility. In addition, this person will lead Business Development related activities for the hospital. The CSO will also be responsible for the Musculoskeletal and Neuroscience Service Lines across the Detroit Group.
Key responsibilities include the following:
Leads in development and implementation of facility business strategy
Aids in Service Line Development
Effectively manages the Provider Outreach Program and works to meet community need through recruitment of physicians
Analyzes data to make fact-based decisions and monitors variances to understand facility trends
Leads an effective consumer engagement plan and partners to ensure improvement in consumer experience
IV. ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS:
As a leader in healthcare, Tenet is committed to providing the best possible care to every patient, with a clear focus on quality and service. Strong leadership is essential to delivering on this commitment, and we believe that the quality of our leaders can give us a significant long-term competitive advantage. We want to ensure every current and future leader in Tenet is successful, and we support that through our selection and hiring process and by providing coaching and training to our leaders.
In this regard, we have identified core competencies that will enable a leader to succeed at Tenet, and have defined them within the following five areas critical to performance:
Tenet CSO Core Leader Competencies
Builds Quality Relationships
Builds trust and manages conflict with key stakeholders to maintain collaborative internal and external partnerships (e.g. with staff, other departments, regional and corporate partners, physicians and the community) and engages staff in driving key decisions and initiatives.
Communicates Effectively
Thoughtfully plans messages and uses a variety of methods to match communication effectively with situation and setting to engage staff and colleagues (e.g. large group, small group, 1:1).
Influences Behaviors and Outcomes
Considered a trusted advisor and functional expert who builds consensus in a collaborative way; confronting difficult business decisions in a way that preserves relationships. Inspires desired behaviors and acts as a coach to others.
Drives Organizational Performance
Translates complex strategies into focused and achievable goals and takes decisive action when needed (e.g. times of uncertainty, organizational transitions). Acts as a change leader and creates clarity, energy and commitment to initiatives by gaining buy-in and removing barriers.
Exercises Critical Judgment
Uses a fact-based, analytical, systems-thinking approach to assessing and designing solutions by gathering input from various sources and considering the impact of decisions. Practices due diligence to critically evaluates alternatives that deliver the highest quality and service while applying risk management principles to mitigate cost and maximize revenue potential.
Shapes Organizational Strategy
Builds compelling business cases and plans for strategic initiatives, creating vision, objectives, goals and specific strategies to achieve outcomes; anticipates and adjusts for obstacles. Develops and communicates progressive organizational performance strategies that achieve a competitive advantage (e.g. productivity, quality, culture, talent, internal/external volume and revenue growth).
Builds High Performing Teams
Focuses on developing talent by regularly providing performance and professional development feedback, coaching and guidance. Practices workforce planning and anticipates staffing needs and creates plans to fill key positions through focused selection methods.
Technical Expertise
Possesses the practical and technical functional knowledge and skills to be effective in their current role. Seeks continuous education, training and growth within functional role.
Business Excellence
Understands the balanced scorecard and drives results to meet or exceed target in key department metrics. Focuses on streamlining and improving processes and effectively utilizes labor management tools to achieve budgeted staffing targets. Drives high quality in a cost conscious manner, understands key clinical components and regulatory requirements and inspires a culture of compliance.
Tenet CSO Leader Behaviors
Care
At the center of caring is empathy. Leaders connect with others and learn how to individualize care based on circumstances. Always treating all with respect while showing personal humility.
Serve
Servant leadership enables achievement of higher purpose. Always keeping those we serve at the center to provide priorities. Success that is shared will create momentum that engages all colleagues.
Share
Always connecting people with the plan and creating positive relationships. Frequent honest communication creates an inclusive high-performance environment.
Adapt
Agility in the face of continuous change defines leadership. Encouraging risk and experimentation enables people to be innovate in the face of the evolving marketplace
Learn
Leaders are inspired by curiosity and learning, seeking to develop themselves and others. They reflect on their experience and are eager to find new sources of knowledge to increase their effectiveness.
Achieve
Through prioritization based on our overall aligned direction, leaders focus resources on things that are most relevant for the organization and communities served. Focusing on the future and acting without ambiguity create a climate of accomplishment.
V. CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS:
Minimum of five years of experience in Strategic Planning and Healthcare Strategy/Development is required. Experience developing complex business plans and using data to drive strategy is a must.
Professional Attributes
Personal Attributes
An undergraduate degree in Business, or appropriately relevant field, is required. An advanced degree in Business, Healthcare Administration, or Public Health is strongly preferred.
CompensationA competitive compensation program will be tailored to the selected candidate. Base salary will be supplemented by a performance bonus and comprehensive, well-rounded benefits program, which includes relocation assistance.
TravelApproximately 25 percent.
Tenet Healthcare complies with federal, state, and/or local laws regarding mandatory vaccination of its workforce. If you are offered this position and must be vaccinated under any applicable law, you will be required to show proof of full vaccination or obtain an approval of a religious or medical exemption prior to your start date. If you receive an exemption from the vaccination requirement, you will be required to submit to regular testing in accordance with the law.
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