ESG-Focused Business Acumen Training for Healthcare Executives

About

HFX Training is now offering its unique ESG-focused business acumen training program directly to the healthcare industry.

Based on our tried-and-tested hospital management simulation, Healthcare Hero (already used to great effect by leading academic healthcare management programs), our training is designed to improve your executives’:

Business acumen in an ESG-driven landscape
Data-driven decision-making skills in the face of healthcare and economic crises
Ability to cooperate and collaborate with different departments

To help us refine our approach to delivering training programs directly to the healthcare industry, we are offering this program to interested hospitals and health systems.

This program can be delivered in three formats:

In-person workshops tailored to your company
Online workshops tailored to your company
Online participation in one of our scheduled programs for individual executives

Who it’s for:

In our conversations with c-suite executives of hospitals and healthcare systems, we have identified some common executive training pain-points:

Developing business acumen and ESG awareness in clinicians that have moved (or expect to move) to administrative and executive roles
Developing cross-functional understanding and cooperation between administrators from different departments
Improving executives’ strategic decision-making capabilities in the face of healthcare crises and economic and competitive pressures

If you identify with these pain-points, read on…

What to expect:

Our Healthcare Hero simulation places participants at the helm of one of multiple competing fictional hospitals.

Over eight to twelve rounds — with each round representing a quarter of business operations — participants must make strategic decisions about how to best serve patients while managing hospital staffing, capacity, quality, and financing requirements — all in the face of an uncertain environment.

The aim of the simulation is to outperform the competing hospitals managed by other participants in the simulation, while navigating healthcare and economic crises and satisfying the needs of multiple stakeholders.

The training will start with an introductory session, where participants will meet the instructor, optionally form teams, and submit decisions in the first of three practice rounds. The simulation will then be ‘zeroed’, and the simulation will then start in earnest!

At the conclusion of the simulation, the winners will be revealed, and the participants will deliver feedback on their key takeaways, assessing:

Where they did poorly
Where they did well
Who was their strongest competitor, and why
How they would change their approach if they went through the simulation again
How they can apply what they learned from the training program to their current or future roles

With the training delivery being centered on simulation ‘rounds’, for larger deliveries, we can adapt the program’s timetable to the availability of your executives. Typically our simulation-based training programs are delivered either via:

Intensive 1-3 day in-person workshops
Extensive program delivered remotely over weeks or months, starting and closing with live zoom sessions, and running one to three rounds of the simulation per week
Some blend of the above

We also run regular, scheduled online programs, which are ideal for individual executives, MHA students, or healthcare companies with smaller training requirements.

To learn more:

To learn more about how we can help you with your training needs, simply complete the short form below and our team will be in contact with you.

Client Feedback

"It was a really nice experience to apply the theory we learned early on with this serious game. Furthermore, it lead to more diversity in training assignments in our courses, which helped develop professional skills in different ways."

Student, Strategic Management, Leadership and Organizational Change in Healthcare, Maastricht University

“This is unlike any training I’ve ever done before - the main difference is that it allows you apply what you are learning immediately, and understand cause and effect. You can’t learn this from lecture based courses. This has helped me to understand how I can help my brand compete by pursuing an intelligent strategy, and effectively allocate my resources.”

Sales Executive, Sanofi

“For me it’s not only ‘training’ its learning how to think. You are not just learning about strategic planning tools, like segmentation etc, but it’s about understanding the big picture, and seeing how all the different pieces fit together. In terms of applying it in our business - we do multichannel marketing, and the training has really helped us to think through where and how we should be applying our resources before we focus on the tactical challenge of sales.”

Marketing Executive, GSK

"This is the ideal format for advancing learning because it brings together theory, logic, and hands-on practice."

Student, Executive MBA in Healthcare Management Albert Einstein Hospital - Healthcare Education Centre