At the 10+ location practice level, another set of issues appears. Even though you now have your spreadsheets, KPIs, SOPs, operational policies, organizational charts, defined accountabilities, experienced staff and senior executives in the right positions, it’s still not working at the level you know is possible.
You’re just not firing on all cylinders.
Your numbers aren’t bad, but they’re not great either. Expenses seem a little out of control, but you’re working on that. The company feels sluggish — not acutely responsive. It feels as though it takes longer than it should to get things done. Everything requires too much effort. It’s hard to sustain your momentum.
Most of your attention so far has been on financing, operations, systems and processes, and hiring for skill. You’ve achieved moderate growth through scaling and replication, but now growth is stagnant. You need more energy to make things happen.
What is missing that would significantly increase productivity and directly enhance performance? What has been neglected or overlooked?
The answer: Leadership and culture.
The quality and potency of leadership that got you to this level won’t get you much higher. The senior team — not just you — needs to lead. Your senior team needs to be more responsible and accountable, and operate with greater integrity. They need to be far more self-governing and self-managing. That means your leadership must also transform to include more than one leader.
The culture that has been loosely developed does not have the conditions necessary for solid trusting relationships, strong communication, or consistent enforcement of accountabilities. Culture is the king — not a bunch of pawns on the board.
It’s now time for strong leadership development of yourself and the senior staff, in addition to focused cultural development throughout the enterprise.
To transform from dentist to dentist entrepreneur you will need a specific set of skills you might not have right now.
It starts with your vision. Where do you see yourself, your company, and your team in the future?
To implement that vision successfully we help you develop your ability to communicate, manage talent, coach your people, manage technology, make decisions, and ultimately improve your self-awareness.
“If you have the right people on the bus [i.e. in your practice], the problem of how to motivate and manage people largely goes away. […] The WHO question comes before WHAT decisions – before vision, before strategy, before organizational structure, before tactics. First Who, then what – as a rigorous discipline, consistently applied.” —Jim Collins, Best-selling author of Good to Great
The “People” decisions you make are most crucial in your practice. They can make or break your path to more growth.
We’ll show you how to make sure you’re hiring the best and what other dentist entrepreneurs in our organization have done to hire better.
Most business obstacles (i.e. opportunities for growth) can be separated into 4 distinct areas:
You will be exposed to and learn how to better implement:
Getting connected with the right people and resources can really accelerate your practice’s success.
Surrounding yourself with other achievers and visionaries will stretch and challenge you (and your practice) to grow.
Why Choose Our Network?
A network of friends and acquaintances you can mastermind with when stuck—is priceless.
You’re always 1 connection away from anything you want in life.
It’s time for you to join other like-minded peers and transform your practice and your life:
© 2022 Dentist Entrepreneur Organization.