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Bankers have a lot to teach healthcare, particularly since they are among the top three most highly regulated industries along with construction.
People are losing faith in corporate America and what they see as the results of free market capitalism gone wild. The latest example is a hedge fund manager who, after acquiring the rights to a drug, raised the price to $750 from $13.50 overnight, simply because he felt he could.
When it comes to alternative career advice in Sick Care, I usually talk to two kinds of people: those who want to get out of clinical Sick Care and those who want to get into Sick Care.
The other day I had a conversation with someone who was discouraged and disappointed with the path of her career in banking. She asked me what I thought about the future of Sick Care work. I suggested that:
1. Sick Care can't be fixed from inside and that we could use all the help we could get from people with her talents and customer experience.
2. She does not know what she does not know about Sick Care.
3. Finding the next job is about kissing frogs through networking.
4. Given Sick Care corporatization, some might think she is jumping out of the pan and into the fire.
5. Most people who leave the corporate world for Sick Care find great satisfaction, particularly when they are a bit older.
6. She should consider being part of the Sick Care gig economy.
7. She originally thought about being a PA. Maybe she should think about why and reconnect with what that was.
8. Many of the problems about Sick Care are also issues in banking and that she should apply those solutions-customer service, data, commoditized products, etc.
9. She should take a break and breathe.
10. She should expect landing in the right place to take at least six to nine months, best case.
Bankers have a lot to teach healthcare, particularly since they are among the top three most highly regulated industries along with construction.
I hope she makes the right choice and is happy. If she does leave, maybe a disgruntled doctor will take her place in banking.