Dentistry Uncensored with Howard Farran

Howard Speaks: Transparency vs Opaque


Listen Later

Transparency vs Opaque. I was wondering why successful dental leaders are transparent and not opaque until it became clear to me that if your not it’s clearly offensive. Does your dental office team know the daily breakeven point? Do they know the office overhead? Do they get to see the accounting reports for the balance sheet, statement of cashflow, and statement of income? Management transparency is the key to trust and the foundation for strong management-employee relationships to analyze and grasp how the practice is doing and where we’re going.

Are collections meeting expectations in the 30/60/90 day periods? How’s are overhead looking and could we lower it? Are costs being managed? What’s helping us achieve our goals? What are our obstacles? Everyone in the entire company has complete visible transparency into the budget, how and what we’re spending, what our results are, and does everyone have a voice on how we can improve our performance. How often have you heard that people leave a job because of the manager not because of the company?

It's true whether it’s a small family dental practice or a large dental group practice DSO. One of the common complaints you hear from disgruntled employees is they don’t trust their dentist or office manager who is not very transparent, and have no idea what they're thinking, what is happening, the performance of the office and don’t know what’s coming up in the future. If you can’t trust your opaque non-communicating dentist, office manager or team leader then your life and work become an exhausting challenge day in and day out.

The late Herb Kelleher (1931-2019) co-founder & CEO of Southwest Airlines was the only airline CEO who was a member of his own pilots union because he knew how important that relationship was. His book was called Nuts!: Southwest Airlines' Crazy Recipe for Business and Personal Success. Maybe it’s time to go nuts and start trusting your employees to help you become successful.

...more
View all episodesView all episodes
Download on the App Store

Dentistry Uncensored with Howard FarranBy Howard Farran: Dentist | Dental CE Speaker | Founder & CEO of Dentaltown.co

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

176 ratings


More shows like Dentistry Uncensored with Howard Farran

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

224,434 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,275 Listeners

The Dentalpreneur Podcast w/ Dr. Mark Costes by Mark Costes

The Dentalpreneur Podcast w/ Dr. Mark Costes

301 Listeners

The Dentist Money Show | Financial Planning & Wealth Management by Dentist Advisors - Financial Planning and Investment Management

The Dentist Money Show | Financial Planning & Wealth Management

146 Listeners

Shared Practices | Your Dental Roadmap through Practice Ownership by Dr. Richard Low | Shared Practices Network

Shared Practices | Your Dental Roadmap through Practice Ownership

567 Listeners

Bulletproof Dental Practice by Dr. Peter Boulden & Dr. Craig Spodak

Bulletproof Dental Practice

230 Listeners

Dental Practice Heroes by Dr. Paul Etchison

Dental Practice Heroes

149 Listeners

Modern Wisdom by Chris Williamson

Modern Wisdom

3,701 Listeners

The Dr. Hyman Show by Dr. Mark Hyman

The Dr. Hyman Show

9,358 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

7,955 Listeners

The Productive Dentist Podcast by Dr. Bruce B. Baird: America's Most Productive Dentist

The Productive Dentist Podcast

45 Listeners

Dental Digest Podcast with Dr. Melissa Seibert by Dental Digest Institute & Dr. Melissa Seibert: Dentist

Dental Digest Podcast with Dr. Melissa Seibert

258 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,300 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,713 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

14,731 Listeners