Incentives in compensation, used appropriately and ethically, are effective tools to help you grow your practice. You need to think them through. What sounds good on paper might not be in practice. My guest today consults with practices to help them grow. She often recommends incentives in compensation, and she’ll talk us through how to use them effectively.
Lisa Levesque is the principal and Business & Executive Coach at Breakthrough Business Strategies with a focus on healthcare professionals who are technically excellent and need help with the practice of business. Prior to her current business, Lisa held senior level leadership roles at Fidelity Investments and leverages these experiences to help her clients achieve business excellence.
In this episode Carl White and Lisa Levesque discuss:
- Examples of incentives in compensation for medical and dental practices
- Tailoring incentives for producers vs. staff
- Keeping incentives ethical, for example, not pushing treatments or products.
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Connect with Lisa Levesque
http://www.linkedin.com/in/llevesque
Video Resources Lisa Levesque Mentioned in this Episode
- Help with a vision statement: https://www.youtube.com/watch?v=dZShbB59giM
- Help with a mission statement: https://www.youtube.com/watch?v=1xs4I349cdc