In this week’s episode, Gary Takacs shares the importance of leadership in a dental practice and how you can develop it.
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Leadership is about guiding team members to do the things that you need to do within your practice. It is about providing the motivation, inspiration, and direction that they need. Simply, it is when the doctor and the team are all in the same boat rowing in the same direction towards commonly defined goals and objectives.
This is an area where so many dentists feel like they are out of their depth. Generally, when you ask a dentist how much leadership training they have, the answer will either be absolutely none or a little bit.
Gary has made it his life’s work to study world-class dentists and practices. He has helped 20,200 practices across the country. And one of the things he has noticed is that to be a world-class practice owner you need to be an effective leader. They go hand in hand.
According to Jim Collins, for your business to be viable and relevant over a hundred-year revolution, one of the things that had to be in place there was proper leadership.
But is leadership different from management? Can leadership be learned?
The answer is yes to both these questions. Leadership is different from management, and it can be learned.
There might be people who are naturally more of a leader than the other, but leadership is mostly a learned skill. Whether you have the characteristics in your personality or whether you have to develop those, you can always learn to be an amazing leader, but if you want to know how, you will need to listen to the podcast.
Besides the 4-tips, Gary will also be sharing books that you can read to develop and understand the importance of leadership and the impact it has on the culture of your practice.
Remember, you cannot develop your practice to its full potential unless you become an effective leader. You will hit your full potential when you become a level, five leader.
Tune in to the podcast to learn how to become a level, five leader.
Do you have a question you would like Gary to answer in the next episode’s Q&A Segment? Ask Gary now!
- 00:25 – Introduction
- 00:58 – Announcement
- 03:39 – What is Gary’s Observation On Leadership after all his experience working with practices?
- 04:27 – What dentists say when you ask them, How much leadership training they had?
- 05:59 – Books written by Jim Collins about leadership.
- 06:52 – Definition of Management and Leadership.
- 08:00 – What can dentists who don’t have leadership training do?
- 08:18 – How is leadership a learned skill?
- 08:55 – About the book of Good to Great by Jim Collins
- 10:09 – Level 3 of Leadership according to Jim Collins
- 10:27 – Level 4 of Leadership according to Jim Collins
- 11:09 – Level 5 of Leadership according to Jim Collins
- 11:40 – 2 things Naren read from Jim Collins books.
- 12:38 – How to measure Humility?
- 14:31 – Tip Number 1
- 17:50 – Tip Number 2
- 19:13 – Tip Number 3
- 19:53 – Example of tip number 3
- 22:05 – Tip number 4
- 23:59 – Recap of the 4 tips
- 24:29 – 5 books Gary recommends to read about leadership.
- 26:45 – Question 1 – I recognize that I am not a very good Leader. Can I delegate the Leadership to my Office Manager?
- 29:25 – Question 2 – Gary you have inspired me to learn more about emotional intelligence, can you recommend some resources to learn about EQ?
- 33:18 – Question 3 – I have a bad habit of micro managing my practice and I know I need to break this habit. However if I am not micromanaging my practice so many things either won’t be done or they will be done wrong. Please help!
- 37:54 – Question 4 – How can I create accountability among my team members?
RESOURCES
Gary Takacs
Gary became a successful practice owner by purchasing a fixer-upper practice and developing it into a world-class dental practice. He is passionate about sharing his hard-earned insights and experiences with dental practices across the globe. As a dental practice coach, Gary provides guidance for dental professionals on how to create a healthier practice style that lets them deliver excellent patient care while reducing depending on insurance.
More importantly, Gary’s insights are not just based on theory – as a co-owner of a dental practice, he has first-hand experience in making this transformation from a high-volume and low-fee insurance model to a fee-for-service approach that is more sustainable and promotes a patient-centric and financially healthy dental practice, and he is dedicated to sharing this knowledge with other dental practitioners via the popular Thriving Dentist Show!