COACHING: Careers

“PHYSICIANS FROM CHAOS-TO-CALM”

If you’re looking at this website tab, chances are you are stressed, fed up, burned out, seeking a better work-life balance, looking for a new non-clinical medical career; thinking of finance, investing, retirement planning or all of the above.

Or perhaps you are just looking to regain the joy and meaning in your medical or professional career? Muck like Viktor Emil Frankl MD, founder of logo-therapy, and author of the seminal book: Man’s Search for Meaning.

Startling statistics underscore this disconcerting trend. In 2022, a staggering 31% of top US medical executives revealed grappling with their mental well-being, marking a stark escalation from the 2018 figure of 12%. The landscape is no less with nurses, PA, CRNAs and other allied healthcare professionals, where stress, anxiety, and depression have become leading contributors to medical workforce mental stress, sickness and violence. Medical student are also struggling with stress and mental health issues.

In the realm of career coaching, an array of groundbreaking initiatives is surfacing, igniting profound transformations on multiple fronts. Healthcare economics, finance, investing and management programs, in particular, are equipping medical professional with the knowledge agility to navigate our fast-paced world and fostering the internal adaptability essential for constant change. Yet, despite these promising strides, a disconcerting surge in anxiety, stress, and burnout among executives has emerged.

Conventional avenues, such as stress management courses and generic coaching programs are proving inadequate. A paradigm shift is essential, one that delves into our core as human beings, plumbing the depths of our minds, emotions and spirit. Scientific evidence has unequivocally demonstrated that our inner realm shapes our external reality, especially for today’s medical professionals.

Physician Foundations: https://tinyurl.com/ys4bnupn

Hospitals Too – are just beginning to recognize the toll of burnout on their OWN operations

Moreover, hospitals too are affected as experts estimate that it can cost more than $1 million to recruit and train a replacement for a doctor who leaves the profession because of burnout. But, as no broad calculation of burnout costs exists, Dr. Tait Shanafelt [Mayo Clinic researcher and Stanford Medicine’s first Chief Physician Wellness Officer] said Stanford, Harvard Business School, Mayo Clinic and the American Medical Association (AMA) are further cost estimating the issue. Nevertheless, Shanafelt and other researchers have shown that burnout erodes job performance, increases medical errors, and leads doctors to leave a profession they once loved.

Results-based” coaching sessions

Most coaching sessions are often time-based rather than results-based. Typically, colleagues attend weekly sessions lasting an hour. However, this approach can prolong the resolution of the problem since it cannot be neatly confined to a once-a-week time frame. Colleagues may require additional support beyond the limited session duration or frequency, and the lack of flexibility can be a hindrance. When the allotted hour ends, other coaches leave their clients to cope independently. We consider this as irresponsible. It’s like placing a band-aid over a wound without addressing the underlying festering trauma. Others believe that because a medical colleague may feel okay immediately after the session, they mistakenly believe their problem has been resolved. However, burn-out related stress may persist beneath the superficial band-aid.

At D. E. Marcinko & Associates, we believe a more effective approach is Results-Based Therapy [RBT] rather than fixed-based coaching sessions. This way, our coaches can work towards comprehensive solutions and address the underlying issues, ensuring a more thorough healing process.

Fortunately, at D. E. Marcinko & Associates our RBT may help. From formal coaching to second career opinions, to students, early, mature and later career provider mentoring and advising, we can help with our remediation and medical career coaching programs. Regardless of what is happening in your medical professional life, it is wonderful to have a non-partial, confidential and informed career coach and sounding board on your side.

REF: JAMA Internal Medicine [Effect of a Professional Coaching Intervention on the Well-being and Distress of Physicians].

NCBI: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6686971/

PODCAST: https://www.youtube.com/watch?v=SiPNg76ZZF0

Career Executive Coaching

A RBT coach works with a colleague-client to help improve their performance. In our case, the client is a medical professional, healthcare entrepreneur or business leader. Our coaching focus is on unlocking the client’s potential.

The coaching relationship built with us is structured to help establish and meet goals, understand and resolve challenges, and focus on growth. The coach does not necessarily have all the answers a colleague might seek, and the coach doesn’t do the work on their behalf. An effective coach brings an outside-in and unemotional perspective, offering insight, accountability and support.

We know how to take a colleague through a process of discovery and skill development, asking questions and offering reflections to lead the client to their desired achievements. The benefits of the coaching engagement can be measured through the performance of the clients and through results in their medical career, business and life.

Individual Career and Personal Coaching

Our RBT coaching philosophy centers around colleagues and their individual needs. Therefore, we do not offer packages with a certain number of coaching sessions. Instead, we create customized mentoring plans based on each colleague’s unique goals. Put simply, our clients decide when to start and when to stop coaching; pro re nata!

Individual mentoring and RBT coaching helps colleagues identify and achieve their personal and professional goals. This service will benefit you if you are:

  • Determining whether medicine is right for you
  • Launching an entrepreneurial practice
  • Employed as a nurse, physician and/or hospitalist
  • Seeking career change and transitions
  • Battling burnout and non-organic depression
  • Feeling unfulfilled, disillusioned, unhappy, tired or exhausted
  • Noticing an imbalance in your work-life integration
  • Feeling economic exhaustion
  • Seeking business and corporate planning
  • Needing financial and retirement planning guidance.

Forward Movement

Our personal RBT coaching centers around the idea of continuous forward movement, so our can help you achieve your proactive personal and reactive business objectives, such as:

  • Working to become a more effective physician or nurse executive and leader
  • Developing emotional intelligence [EQ] and interpersonal skills
  • Navigating and interacting with people and organizations in the healthcare industry.

Tips for Selecting an Executive Coach:

  1. Know their experience. Coaching is a skill that grows with education and practice. The more experience they have, the more confidence you can feel in your journey. 
  2. Expect expertise. Is the coach a respected thought leader? It’s not enough to operate behind a coaching brand or credential. A coach should share their insights openly to inspire the communities they serve.
  3. Get the right size. Find someone who has experience working with clients like you. Whether you’re a small medical practice, clinic or hospital employee or an healthcare enterprise leadership team, there are coaches who focus on your situation.
  4. Seek a business leader turned coach. Consider a healthcare coach who has been in your shoes and can empathize. If you’re an entrepreneur or practice owner, it could be someone who has experience in building or leading a business.
  5. Consider their availability. Coaches work with many colleagues-clients. Ensure they have RBT availability for consultation between coaching sessions. Your need for a sounding board won’t stop after your coaching session.
  6. Understand fees and program levels. Coaching is a valuable investment. Find a qualified coach who gives you confidence in a return on that investment {ROI]
  7. Don’t skip the consultation. Good coaches offer an initial consultation at no charge to help assess whether a relationship seems like a good fit.
  8. Align your values: Look for alignment in core values. Taking this step ensures that you’re able to develop a thriving healthcare business without abandoning your morals.
  9. Remember our RBT philosophy [24/7/365].

Fear Not You May have Come to the Right Place

So, from “check-in” to “check-out”; colleagues control the client coaching process and direction in a mutually prioritized fashion.

HOW MAY WE SERVE YOU?

Contact: MarcinkoAdvisors@msn.com

© Copyright: Institute of Medical Business Advisors, Inc. All rights reserved, USA. Present to 2024.

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