1882: Optimizing Dental Practices & Leadership Pt. 1
Dec 27, 2023
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Dr. Addison Killeen, co-founder of Dental Success Network, talks with Dr. Mark Costes about goal setting and time management in dental practices. They discuss the importance of setting clear goals, delegating tasks, and managing time effectively. Dr. Killeen shares insights on his diverse roles and how disciplined routines and habit stacking contribute to efficiency. Additionally, they explore business setup, selecting executive team members, and the challenges and growth of dental practices.
Setting wildly important goals (WIGs) and communicating them clearly to the team is crucial for organizational success.
Delegating tasks and empowering team members by encouraging them to come up with solutions independently can increase productivity and free up the leader's time.
Deep dives
Importance of Setting Wildly Important Goals
In this podcast episode, Dr. Mark Costas and Dr. Addison Colleen discuss the importance of setting wildly important goals (WIGs) for an organization. They emphasize that organizations must define their primary objectives and communicate them clearly to the team. They mention the book 'Four Disciplines of Execution' by Sean Covey, which explains the concept of WIGs and provides strategies for achieving them. They highlight the need for team members to be aware of and committed to supporting the organization's primary goals. By setting specific, measurable, and time-bound objectives, teams can work towards achieving them and experience more favorable results.
The Power of Delegation and Empowering Team Members
Dr. Costas and Dr. Colleen discuss the importance of delegating tasks and empowering team members. They stress the need to avoid allowing team members to constantly put 'monkeys' on the leader's back without offering potential solutions. Instead, they suggest flipping the approach and encouraging team members to come up with potential solutions for the problems they encounter before seeking help. They explain that by adopting this approach, leaders can develop team members into higher-level thinkers and enable them to solve problems independently, liberating the leader's time and increasing overall productivity.
Effective Time Management and Productivity Habits
Dr. Colleen shares his productivity habits and time management strategies, which allow him to balance multiple roles and responsibilities effectively. He emphasizes the importance of routine and consistency, such as waking up early, drinking water, and engaging in a workout and focused work in the morning. He also discusses the significance of having a clear division between family time and work time. Additionally, Dr. Colleen highlights the value of hiring the right people and establishing good systems in the dental practice, such as regularly reviewing numbers, analyzing profit and loss statements, and setting aside time for strategic planning. These habits, combined with effective delegation and prioritization, contribute to Dr. Colleen's ability to manage multiple roles successfully.
On today's episode of the Dentalpreneur Podcast, we're excited to have Dr. Addison Killeen, a co-founder of the Dental Success Network, a successful practice owner, and a black belt DSI coach. This episode promises to delve into a range of intriguing topics, from annual planning and setting wildly important goals to mastering time management and achieving remarkable growth in dental practice.
Dr. Addison Killeen shares his experience of attending the annual DSN meeting in Prescott, Arizona, highlighting the importance of setting clear, attainable goals for the year ahead. He emphasizes the necessity for dental professionals to understand the primary objectives of their practice and to ensure their team is aligned with these goals. Dr. Killeen and Dr. Costas discuss the importance of avoiding the trap of taking on too many responsibilities and instead, focusing on delegating tasks effectively to empower team members.
Dr. Killeen, with his diverse roles, provides insights into how he manages his time efficiently, balancing his work as a full-time dentist, an author, and an executive member of DSN. He stresses the importance of having disciplined routines, focusing on productive hours, and the significance of habit stacking for efficiency. Additionally, Dr. Killeen shares his journey from owning multiple practices to starting a new one, demonstrating how systematic approaches and team empowerment have led to the practice’s significant growth.
To all our listeners, be sure to tune in for tomorrow's Part 2 of this insightful episode with Dr. Addison Killeen. We'll continue to explore the strategies and habits that have led to his success in dentistry and beyond. Don't miss out on the valuable lessons and tips that can help you in your dental practice and professional journey. Stay tuned!