Tag Archive for: Ed Frauenheim

Skills in the Aging Services Industry

A Guide for Cultivating CEO Skills in the Aging Services Industry

In December, Jacquelyn Kung, Bob Kramer, and Ed Frauenheim published a column in McKnight’s Senior Living discussing the 5 critical CEO skills needed for the future of aging services. These included personal depth, operational savvy, industry awareness, government smarts and megatrend acumen. In response to the column, many readers asked for advice on how to develop these skills. Here are three things to keep in mind if you want to develop the CEO skills needed for the future of aging services.

Know thyself. Know what you’re good at and what you’re not good at. And not just “hard” skills like finance or technology. You must know your emotional self. This emotional intelligence helps to create caring communities that people want to be a part of. It also helps you relate to and inspire all the people in your organization, top to bottom. 

Know others. Create a large, diverse network of friends and colleagues, especially those outside of aging services. It’s very handy to know thinkers and experts in other fields who you can call on for instant wisdom.

Know thy world. Keep up with developments in areas outside of elder services. There’s good reason to think big changes in culture, technology and economics will also have big impacts on senior living in the years ahead. The article provides three concrete takeaways in regard to the above three tenets. Read the full article here at McKnight’s Long-Term Care

Five Skills New CEOs will Need to Know

Nearly three-fourths of senior living communities CEOs will retire in just a few years according to a study by Ziegler. What qualities will the next CEOs need to have to successfully navigate the changes coming in the next decade and beyond? In a McKnight’s op-ed, Jacquelyn Kung, Bob Kramer, and Ed Frauenheim share the five key skills these CEOs will need in the very near future.

These key skills include personal depth, operational savvy, industry awareness, government smarts, and megatrend acumen. 

Read the full piece at McKnight’s Senior Living and McKnight’s Long-Term Care.

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