Ep. 027: Lessons from the $8 Billion Healthcare System's Collapse

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STEWARD HAD PLENTY OF PLANS. WHAT IT LACKED WAS FUTURE FOCUSIn May 2024, Steward Health Care, one of the largest private hospital systems in the country, filed for bankruptcy. Dr. Jake Tayler Jacobs breaks down how a model built on turning around struggling hospitals failed at the very operational excellence it promised, and what every leader can learn from the difference between planning for the future and leading from it.IN THIS EPISODE• Three failures: confusing expansion with evolution, financial engineering over operations, and no sustainable organization• The now game, the next game, and the after next game, and why you must play them together• Four pillars of future focused leadership and a five point future ready assessment• The phantom tax: why leaders you develop stay loyal and leaders you buy keep movingKEY TAKEAWAYCulture eats strategy, and leadership is about legacy, not a paycheck. Ask what condition your organization will be in when you leave it.━━━━━━━━━━━━Bred To Lead is powered by SIPS Healthcare Solutions.BredToLead.comSterileByDesign.comSIPSHealthcare.com