Lead Sponsor

Refreshment SponsorLuncheon Sponsor Reception Sponsor

K E Y N O T E A D D R E S S

Teri FontenotPresident and CEOWoman’s Hospital

Transforming the Roleof Women in Healthcare

Women Leaders in Healthcare ConferenceAugust 7, 2012

Expectations

The New Woman’s

Women in Healthcare Leadership

78% of the healthcare workforce

Executive/senior leadership positions:

Health system CEOs 25%

Nurses 60%

Hospitals 54%

Pharmaceutical/medical manufacturing 29%

Medical equipment/supplies 21%

Healthcare is Rapidly Transforming

• Changing demographics

• Shift to value-based payment

• Accountability for cost and quality of care throughout the continuum

• Transparency

• Declining payments

• New technology

• Difficulty in raising capital

• Federal and state reform and legislation

Leadership vs. Management

• Leaders lay the track• Managers make sure the trains run on time

• Leaders are thermostats• Managers are thermometers

• Leaders thrive on change• Managers attempt to maintain a steady state

Why Are Women Uniquely Positioned to Lead?

• Relationships among executives, physicians and patients are evolving

• Women naturally possess skills to obtain desired results:

Nurturers Effective communicators

Multitaskers Collaborators

• Transformational vs transactional leadership styles are more effective

• Diversity improves decision making

• Advanced degrees earned by women provide competitive credentials

“I’m a daughter-in-law, a wife, mom to three kids and you’re asking me if I can multitask?

How Do Female ExecutivesNavigate the Obstacles?

• Believe in yourself

• Develop yourself

• Develop others

• Forgive yourselfMotherhood Memo to Marissa Mayer:

Parenting Skills Provide and Edge in the Workplace

Leading in Challenging Times

• Be prepared to address the immediate while articulating the vision

• Cultivate your paranoia

• Understand that we live in a fishbowl

• See with a microscope and a telescope

• Stay grounded

From the Executive Suite to the Board Room• Obtain line experience

• Fill in knowledge gaps

• Package yourself

• Consider smaller local companies or non-profit boards as stepping stones

• Be realistic about the time you have to commit

• State your governance goal to others and ask for advice

• Network with current board members

• Get to know consultants/headhunters who specialize in board searches

• Expect the nominating committee to include women in the slate of directors

• Ask senior executives in all industries if there is a woman on the board of directorsLynn Shapiro Snyder, WBL Founder and President, andHealth Care Practice Leader, Epstein Becker & Green, PC

When storms approach, some build big walls, while others build big windmills

Old Chinese proverb