Dentists are well capable of learning basic managerial and organizational skills needed to run their practices, an MBA is not required! Dentists completely relinquishing all ownership and business functions to a Management Organization, ie, DSO is an extreme solution, especially when options exist that other practitioners have figured out. That’s why there are Business Coaches, Consultants, and Advisers as well as resources at the ADA to help educate practitioners about business and management.
An effect CEO, or Practice owner, does not need to know all the answers, nor should he! The critical skills for an effective CEO are to be observant, ask the difficult questions and surround himself with a highly knowledgeable C-Suite of executives or consultants who can find those answers. Dentist leaders are uniquely qualified to bridge the gap between business and clinical practice. Because only they can see both sides, they can help their practices and organizations take outstanding care of their patients, while deploying resources and assets wisely.
Remember you can become the CEO of YOU!