The trillion dollar quest | KPMG | BM

What Works: The trillion dollar quest

The trillion dollar quest

Healthcare is one of the largest sectors in the world, with an estimated value of US$9 trillion (and climbing). A recent KPMG report (Value Walks) found that healthcare organizations with the best leadership and management are able to unlock up to 15 percent in productivity gains. But how can others replicate this success and what role do management and leadership development programs play?

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With so little evidence-based research to say what works, we
spoke to organizations and management development professionals with best in class programs to identify six essential rules that differentiate successful approaches to leadership development. Through a series of case studies from organizations around the world, the report highlights these best practice principles in action – including Kaiser Permanente’s ‘rebranding’ of the management role, Discovery’s ongoing floor-to-board ecosystem, and the UK’s NHS Leadership Academy.

While some of the rules are intuitive, few organizations around the world have adopted them systematically and sustainably. We believe that by carefully considering the lessons and case studies from this report, you will be able to take your organization’s management and leadership development approach to the next level.

© 2017 KPMG, a group of Bermuda limited liability companies which are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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