{"id":6387,"date":"2020-06-17T11:55:05","date_gmt":"2020-06-17T09:55:05","guid":{"rendered":"https:\/\/medicalmanage.gr\/5-ways-to-make-your-practice-strategy-succeed\/"},"modified":"2020-06-17T11:55:05","modified_gmt":"2020-06-17T09:55:05","slug":"5-ways-to-make-your-practice-strategy-succeed","status":"publish","type":"post","link":"https:\/\/medicalmanage.gr\/en\/5-ways-to-make-your-practice-strategy-succeed\/","title":{"rendered":"5 Ways to Make your Practice Strategy Succeed"},"content":{"rendered":"<p><strong>Oftentimes physicians, they don\u2019t think their practice has a winning strategy.<\/strong><\/p>\n<p>Moreover, they do not believe their practice has the right capabilities to execute their current strategy.<\/p>\n<\/p><div id=\"medic-2126604213\" class=\"medic-mesa-sto-article medic-entity-placement\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3269445924940809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- medical en mesa sto arthro -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3269445924940809\"\r\n     data-ad-slot=\"8662865328\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><strong>Having capabilities is all well and good, but just because you are capable of doing something, does not mean you are going to be successful.<\/strong><\/p>\n<p>\u201cWinning\u201d practices often don\u2019t follow prevailing trends, but instead follow five habits that contradict conventional wisdom to out-execute and out-compete their rivals.<\/p>\n<p><strong>Here are the five strategy execution used by thriving practices:<\/strong><\/p>\n<p><strong>1. Commit to an identity<\/strong><\/p>\n<p>Thriving practices focus on a clear target market and on what makes them unique with that patient demographic.<\/p>\n<p><strong>They avoid chasing growth by pursuing multiple markets in areas where they have no clear point of differentiation.<\/strong><\/p>\n<p>They get very clear about their strategic position and build capabilities that will help to support that position over the long term.<\/p>\n<p><strong>2. Do not get carried away with benchmarking<\/strong><\/p>\n<p>Practices that dominate the market, keep an eye on what competitors are doing, of course, but they do not blindly follow the herd. In fact, they know that using the same technologies, following the same methodologies, and benchmarking the same key performance indicators as their competitors is just a recipe for mediocrity.<\/p>\n<p>The leading practices develop a winning strategy that will set them apart in their community (and perhaps in their specialty), and translate their long-term strategic moves into their current projects and performance metrics.<\/p>\n<p><strong>3. Prune what doesn\u2019t matter to invest more in what does<\/strong><\/p>\n<p>There is a saying: \u201cYou have to keep pruning the rosebush if you want to create beautiful blooms.\u201d<\/p>\n<p><img decoding=\"async\" class=\" size-full wp-image-6386\" src=\"https:\/\/medicalmanage.gr\/wp-content\/uploads\/2020\/06\/images_stockfresh_3101125_doctor-and-patient_sizeXS_ea7464.jpg\" alt=\"Practices that dominate the market are not \u201cagile\u201d in the sense that they respond to external change as rapidly as possible.\" width=\"100%\" height=\"NaN\" title=\"Practices that dominate the market are not \u201cagile\u201d in the sense that they respond to external change as rapidly as possible.\" srcset=\"https:\/\/medicalmanage.gr\/wp-content\/uploads\/2020\/06\/images_stockfresh_3101125_doctor-and-patient_sizeXS_ea7464.jpg 424w, https:\/\/medicalmanage.gr\/wp-content\/uploads\/2020\/06\/images_stockfresh_3101125_doctor-and-patient_sizeXS_ea7464-300x200.jpg 300w, https:\/\/medicalmanage.gr\/wp-content\/uploads\/2020\/06\/images_stockfresh_3101125_doctor-and-patient_sizeXS_ea7464-263x175.jpg 263w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/p>\n<p><strong>It\u2019s easy to keep adding new features (e.g. services, technologies) to your practice, and adding new projects for your practice to work on.<\/strong><\/p>\n<p>What\u2019s more powerful is to trim away the bloat and excess, and focus your resources only on the small number of things that really matter in pursuit of your strategy.<\/p>\n<p>The key to effective strategic leadership is to figure out what is truly \u201ccore\u201d vs what is \u201ccontext\u201d and \u201cnon-core\u201d in terms of your activities and service\/technology offerings.<\/p>\n<p><strong>4. Stop constantly reorganizing<\/strong><\/p>\n<p>Many practices try to re-strategize by constantly reworking their organization chart and rethinking incentives.<\/p>\n<p><strong>This very rarely (if ever) is a viable solution.<\/strong><\/p>\n<p>Successful practices resist disruptive reorganizations and instead put their core values and culture to work.<\/p>\n<p>They use culture, not structure, to drive change.<\/p>\n<p><strong>5. It is not about agility<\/strong><\/p>\n<p>Practices that dominate the market are not \u201cagile\u201d in the sense that they respond to external change as rapidly as possible.<\/p>\n<p><strong>Rather, they are \u201csmart agile.\u201d<\/strong><\/p>\n<\/p>\n<p><strong>Physician leadership needs to be agile enough to address threats, or pursue promising opportunities that support their plan, but remain disciplined and focused enough so as not to end up \u201cchasing squirrels,\u201d lurching from one idea to the next while losing sight of their original strategic intentions.<\/strong><\/p>\n<p>Successful physicians shape their future by creating the change they want to see.<\/p>\n<p><strong><a href=\"http:\/\/www.medicalmanage.gr\/en\/\" title=\"MEDICAL management TUTORIAL\">www.MedicalManage.gr\/en\/<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oftentimes physicians, they don\u2019t think their practice has a winning strategy. Moreover, they do not believe their practice has the right capabilities&hellip;<\/p>\n","protected":false},"author":2,"featured_media":6385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[103],"tags":[],"ppma_author":[274],"class_list":["post-6387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Oftentimes physicians, they don\u2019t think their practice has a winning strategy. Moreover, they do not believe their practice has the right capabilities to execute their current strategy. 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Having capabilities is all well and good, but just because you are capable of doing something, does not mean you are going to be successful. \u201cWinning\u201d practices often","twitter:image":"https:\/\/medicalmanage.gr\/wp-content\/uploads\/2020\/06\/images_5d1c94771be8ed90ce3548fdb5b40ffd.jpg"},"aioseo_meta_data":{"post_id":"6387","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2022-12-16 13:37:17","updated":"2025-08-29 01:54:32","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/medicalmanage.gr\/en\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/medicalmanage.gr\/en\/category\/management\/\" title=\"Management\">Management<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t5 Ways to Make your Practice Strategy Succeed\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/medicalmanage.gr\/en\/"},{"label":"Management","link":"https:\/\/medicalmanage.gr\/en\/category\/management\/"},{"label":"5 Ways to Make your Practice Strategy Succeed","link":"https:\/\/medicalmanage.gr\/en\/5-ways-to-make-your-practice-strategy-succeed\/"}],"authors":[{"term_id":274,"user_id":2,"is_guest":0,"slug":"charamis_medical","display_name":"Charamis","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/13548bee49946b2d932987c7cde930a0b1367bb1b57c039d17eda32396547b84?s=96&d=mm&r=g","author_category":"","first_name":"Charamis","last_name":"","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/posts\/6387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/comments?post=6387"}],"version-history":[{"count":0,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/posts\/6387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/media\/6385"}],"wp:attachment":[{"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/media?parent=6387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/categories?post=6387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/tags?post=6387"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/medicalmanage.gr\/en\/wp-json\/wp\/v2\/ppma_author?post=6387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}