McKinsey & Company might know about Leadership. It’s their business to research! The CEO Moment is their new report about how CEO Leadership is changing right now. We’ve linked to it in the blog.
The key takeaway: Intentionality
What, exactly, does this have to do with your health care spend
Exactly the same thing: Intentionality
Most employers don’t think they can be intentional with their healthcare budget…. Set the parameters and make sure it is measured as you measure everything else in your business.
What happens if you are intentional with your healthcare budget:
Better budgeting predictability, better access to care for employees and lower out of pocket costs.
I imagine that budgeting predictability – eliminate the excess and flatten the trend line – would allow you to grow your business in other ways.
Link to original McKinsey article: https://www.mckinsey.com/featured-insights/leadership/the-ceo-moment-leadership-for-a-new-era#