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Arlen Meyers, MD, MBA
Univesity of Colorado
Society of Physician Entrepreneurs
MI10
Trends
 1. Delaying or accelerating retirement
 2. Laddered portfolio, "jungle jim", careers
 3. Success to meaning to happiness
 4. Remote/hybrid work /4 day work week
 5. Non-clinical career opportunities
 6. Exit ramps along career pathways
 7. Abbreviated clinical careers
 8. Medical school curriculum reform
Moving in or
moving out?
 1. Average age of retirement increased to 69 from 65
 2. 2% drop out rate from medical school
 3. 5% drop out rate from residency
 4. More medical school grads opting out of residency
training
 5. Increasing rate of temporary side gigs or permanent non-
clinical careers
Options:
Persist, Pivot
or Punt?
 1. Persist with full time direct patient care
 2. Partial patient care i.e. locums, shift work, job sharing
 3. Pivot to medical administration or support role e.g.UR
 4. Pivot to an entrepreneurial role
 5. Punt to something that has nothing to do with medicine
6 Rs:Career
transition tips
 1. Reflection (20%)
 2. Research (10%)
 3. Review your personal and professional development plan
 4. Reach out for help
 5. Realize your potential by testing/experimenting with new
opportunities (70%)
 6. Recognize that you are not alone and should pass it
forward
Digital Health
gig factors
Supply of jobs
 The economy
 Investment trends
 Startup, scaleup, grown up
trends
 Jobs to be done
 Labor markets
 Competition
 Technology
Demand for jobs
 Burnout and disengagement
 Student debt
 Student and resident
personas
 Drop out doc rates
 Immigration regs
 Resident match trends
 Education and training
 Have to or want to
 Labor participation rates
The 6Cs: Don’t
be soft on the
soft skills
Critical thinking
Collaboration
Communication
Creativity
Citizenship/culture
Character education/connectivity
The 6 C's of education | MiroBlog
Take homes
 Economic factors drive the supply and demand for talent
 Hiring decision makers are getting smarter
 Consultants and advisors are getting smarter
 Bring you’re A game to shorten time to value
 How much you will be compensated depends on supply and
demand, but there are many exceptions

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Career Strategy Tips.pptx

  • 1. Arlen Meyers, MD, MBA Univesity of Colorado Society of Physician Entrepreneurs MI10
  • 2. Trends  1. Delaying or accelerating retirement  2. Laddered portfolio, "jungle jim", careers  3. Success to meaning to happiness  4. Remote/hybrid work /4 day work week  5. Non-clinical career opportunities  6. Exit ramps along career pathways  7. Abbreviated clinical careers  8. Medical school curriculum reform
  • 3. Moving in or moving out?  1. Average age of retirement increased to 69 from 65  2. 2% drop out rate from medical school  3. 5% drop out rate from residency  4. More medical school grads opting out of residency training  5. Increasing rate of temporary side gigs or permanent non- clinical careers
  • 4. Options: Persist, Pivot or Punt?  1. Persist with full time direct patient care  2. Partial patient care i.e. locums, shift work, job sharing  3. Pivot to medical administration or support role e.g.UR  4. Pivot to an entrepreneurial role  5. Punt to something that has nothing to do with medicine
  • 5. 6 Rs:Career transition tips  1. Reflection (20%)  2. Research (10%)  3. Review your personal and professional development plan  4. Reach out for help  5. Realize your potential by testing/experimenting with new opportunities (70%)  6. Recognize that you are not alone and should pass it forward
  • 6. Digital Health gig factors Supply of jobs  The economy  Investment trends  Startup, scaleup, grown up trends  Jobs to be done  Labor markets  Competition  Technology Demand for jobs  Burnout and disengagement  Student debt  Student and resident personas  Drop out doc rates  Immigration regs  Resident match trends  Education and training  Have to or want to  Labor participation rates
  • 7. The 6Cs: Don’t be soft on the soft skills Critical thinking Collaboration Communication Creativity Citizenship/culture Character education/connectivity The 6 C's of education | MiroBlog
  • 8. Take homes  Economic factors drive the supply and demand for talent  Hiring decision makers are getting smarter  Consultants and advisors are getting smarter  Bring you’re A game to shorten time to value  How much you will be compensated depends on supply and demand, but there are many exceptions