Wayne Bruce LASA Conference
Ccentric Managing Director, Wayne Bruce, recently presented at this year’s annual Leading Aged Services Australia (LASA) conference on the Gold Coast. LASA is the national peak body representing age services in residential care, home care and retirement living.
Based on the Executive Mobility and Motivation research, Ccentric has been regularly conducting since 2012, Wayne addressed congress participants about “What Motivates Executive Talent in the Health and Aged Care Sector”.
The health and aged care sector is exposed to continual change due to a range of factors, such as constantly evolving regulations, policies, and care delivery, as well as other disruptive factors such as technology, and payment models. To keep up with this fast-paced environment, the right leader is required for the job. Customer satisfaction and patient experience are fundamental for anyone working in this sector, the changing landscape also requires a leader who considers employee motivation, stakeholder engagement, and innovative learning methods. If you wish to gain further insights on what motivates current and future leaders of Australia’s healthcare organisations, click here to read our most recent Executive Motivation and Mobility Survey.
Key Takeaways from the research:
More than 500 executives – men (55%) and women (45%) – responded. We sought answers from those who have experienced relocating and living overseas (44%) and those who have not (56%). Respondents were global executives though primarily from Australia, the U.S., and the EU. Here below are ten quick takeaways:
- Of the hundreds of leaders who took the survey and had previously lived abroad, every single one said that it was a positive experience.
- 78% of this year’s respondents said they would relocate abroad if given the opportunity, but this is down from 84.5% in 2012.
- Only 35% of the women surveyed in 2016 had relocated, compared with 47% of men; 83% of men feel they would like to relocate compared to 73% of women.
- When executives are looking to relocate, job factors they consider first are “Professional Development,” followed by “Challenging Role” and “Making a Difference.” “Remuneration” was a distant fourth.
- The number one reason that executives who had relocated in the past chose to do so was for “Career Opportunities,” followed by “Quality of Life” and “People and Culture.” Factors such as “Education and Health” and “Cost of Living” were well behind.
- When asked about concerns they had before relocating, executives who have worked abroad cited “Family Considerations” above all else (67%), with “Being Away from Home Country” (38%) and “Cultural Differences” (29%) next. Factors such as “Social/Political Instability” (9%) and “Threat of Unrest or Terrorism” (8%) lagged behind.
- For those who had never relocated, desirable career destinations were as follows: UK and Europe (82%), Australia and New Zealand (57%), North America (51%), Asia (42%), Africa and Middle East (19%) and South America (14%)
- “Cultural Differences” ranked as a greater concern in Education (39%) than in Healthcare (23%) and Life Sciences (23%)
- For those who had relocated, the length of stay was as follws: Less than a year (7%), 1-2 years (18%), 3-5 years (30%), 6-10 years (19%) and More than 10 years (26%)
- Just shy of half (47%) of those executives who moved away moved directly back home again after completing their assignments abroad.