Health Care & Servant-Leadership: Part II
In another story in today's New York Times, doctors are being offered quite a bit of money by investment funds and individual investors to consult on new trends in the pharmaceutical industry. One doctor recently gave up a $12,000/year consulting job on a hedge fund advisory panel after concluding the appearance of impropriety. Doctors are being offered $1,500 for a 30 minute conference call!
The SEC is starting to investigate whether doctors, participating in clinical trials, are accepting money to talk to analysts and investors about the confidential results. Some doctors obviously don't have a problem with all of this: nearly 10 percent of the nation's 700,000 doctors have signed up as consultants with the investment industry!
The key to creating a servant-leadership culture within an organization is to develop trust among the employees and those they serve. Would you trust your doctor if you knew they were a paid consultant for investment firms?
The SEC is starting to investigate whether doctors, participating in clinical trials, are accepting money to talk to analysts and investors about the confidential results. Some doctors obviously don't have a problem with all of this: nearly 10 percent of the nation's 700,000 doctors have signed up as consultants with the investment industry!
The key to creating a servant-leadership culture within an organization is to develop trust among the employees and those they serve. Would you trust your doctor if you knew they were a paid consultant for investment firms?
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