Management by Objectives Not Whims

Why This Topic Matters

It helps physician owners and administrators evaluate whether the article’s management approach matches their practice goals and organizational situation. It also provides context for readers interested in healthcare business strategy, independent practice survival, and physician leadership.

Article Sections

1. My Management Perspective

   Introduces the author’s general management philosophy and contrasts short-term impulses with structured decision-making in business and healthcare.

2. The next step decision tool checklist

   Outlines broad practice-path options for independent physician-owned practices, including staying the course, exiting, or pursuing growth-oriented alternatives.

3. How Do I Think You Should Do It?

   Presents the author’s recommended high-level approach to business planning and long-term practice sustainability.

4. Check-Off Sheet

   Summarizes a strategic planning framework with broad categories covering vision, planning, implementation, monitoring, and adaptation.

5. Conclusion

   Wraps up with observations about common business failures, changing healthcare market forces, and the importance of management discipline.