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Identifying Healthcare CFO Professional Development Attributes

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• Volume 4,Issue 5, Sept. 2017

Year:

2017

Type of Publication:

Article

Keywords:

Healthcare Financial Management, CFO Professional Development, Delphi Method

Authors:

• Rochester, Charmaine Spence
• Wilson, Asa B.
• Berkshire, Steven D.
• Houlihan, Robert H.

Journal:

IJIRES

Volume:

4

Number:

5

Pages:

609-617

Month:

September

ISSN:

2349-5219

BibTex:

@article{1096, author = "Charmaine Spence Rochester and Asa B. Wilson and Steven D. Berkshire and Robert H. Houlihan", abstract = "Study explored attributes for CFO development and success in U.S. healthcare. The research question is, “How well are CFO success themes and attributes in the literature aligned with opinions of healthcare finance executives?” A three-round Delphi method was used to capture opinions of healthcare finance executives. Communication and Interpersonal Skills; Experience, Education, and Training; and Leadership Acumen were the top-rated themes. Key attributes within these themes were 1) ability to translate financial information into meaningful metrics, 2) communicating information in a manner that is comprehendible to operations staff, 3) ability to execute, 4) being ethical and of high integrity, and 5) being an effective problem solver. Results are discussed in terms of career development strategies needed for aspiring healthcare CFOs", issn = "23495219", journal = "IJIRES", keywords = "Healthcare Financial Management, CFO Professional Development, Delphi Method", month = "September", note = "This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/", number = "5", pages = "609-617", title = "{I}dentifying {H}ealthcare {CFO} {P}rofessional {D}evelopment {A}ttributes", volume = "4", year = "2017", }

Note:

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Abstract:

Study explored attributes for CFO development and success in U.S. healthcare. The research question is, “How well are CFO success themes and attributes in the literature aligned with opinions of healthcare finance executives?” A three-round Delphi method was used to capture opinions of healthcare finance executives. Communication and Interpersonal Skills; Experience, Education, and Training; and Leadership Acumen were the top-rated themes. Key attributes within these themes were 1) ability to translate financial information into meaningful metrics, 2) communicating information in a manner that is comprehendible to operations staff, 3) ability to execute, 4) being ethical and of high integrity, and 5) being an effective problem solver. Results are discussed in terms of career development strategies needed for aspiring healthcare CFOs

Full text: IJIRES_1096_FINAL.pdf Online version [Bibtex]