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Embark on an enlightening exploration of leadership and financial acumen with me, Chris Comeaux, as I engage in a deep dive with CEO Terry Swatley of Diversified Health Technologies LLC. In this episode of the Anatomy of Leadership, we discus the importance of margin in leadership and how it is a tool to achieve the mission of an organization.Â
Discover how Terry's leap from public accounting to Hospice care revolutionized the healthcare industry, with loyalty as his guiding light. This episode unveils the human stories behind the numbers, proving that financial figures are more than mere data—they're a narrative of our collective actions and decisions.
Swatley emphasizes the need to generate a margin to sustain operations and allocate resources effectively. Swatley, also highlights the significance of surrounding oneself with good people and building trust within the team. He believes that numbers are not just numbers, but a quantification of actions, and leaders should focus on connecting actions to the numbers to drive results. Additionally, he shares insights on managing through crisis and the value of teamwork.
Join us as we navigate the complex world of startup Finance, where benchmarks serve as indispensable beacons guiding businesses to safe harbors. Terry and I dissect the cultural implications of financial strategies within a company, tackling the delicate balance between punitive measures and constructive Growth. Through our dialogue, we unravel the mysteries of financial literacy, weighing the merits of hiring financial wizards against the benefits of cultivating this crucial skill within your team.
In our final chapter, we celebrate the unsung heroes whose value to their companies surpasses their paychecks by leagues. It's here that we recognize margin as a vital lifeline, a buffer that ensures organizations not only survive but flourish in the face of adversity. As Terry and I reflect on personal anecdotes that underscore the intimate bond between actions and financial outcomes, we affirm the collective strength that emerges when purpose unites a team. So tune in and absorb the Wisdom that bridges leadership, margin, and mission, fostering a robust understanding of the anatomy of leadership.
https://www.teleioscn.org/anatomy-of-leadership/margin-with-terry-swatley
I am currently the President/CEO of Teleios Collaborative Network which is like a co-op of nonprofit hospice and palliative care organizations. I am also CEO of Teleios Consulting Group. The goal of the collaboration is to harness the best of each hospice and enable the network to better care in each community for the patients and families being served as well as introduce innovations across the membership network and work with payers for new innovative solutions for those dealing with serious or advanced illness.
I am also host two podcasts, Anatomy Of Leadership and TCNtalks. Anatomy of Leadership was inspired by my book "The Anatomy of Leadership" which I wrote for Leaders, visionaries, and change-makers. The podcast delves deep into the essence of purpose-driven and high-performance leadership.
The show guides you through a journey of discovery—revealing how effective leadership can significantly alter the trajectory of our teams, organizations, our lives, and the world at large.
We examine topics like:
- Self-Mastery
- Caring for Others
- Influence
- Intention
- Cause and Purpose
Bio
Over the years, I have become nationally known as a leader in our country’s hospice and palliative care industry, where I spent a large portion of my career as President/CEO of Four Seasons in western North Carolina, a 2009 American Hospital Association Circle of Life Award Winner. In 2005, the Carolinas Center for Hospice and End of Life Care honored me with the Peter Keese Leadership Award.
In 2006, I left Four Seasons for two years to build an alliance between the prestigious national healthcare consulting firm, the Studer Group, and Covenant Hospice in Pensacola. The vision was to transform, develop, and grow leaders throughout the hospice and palliative care world. With this venture from its infancy to an established coaching firm partnering with post-acute healthcare organizations from New York to California. I returned to Four Seasons in 2008 to apply everything learned in the trenches on leadership to an organization I knew and loved.
My hospice career began in 1997 at Covenant Hospice in Pensacola, Florida. Earlier in my career, where I worked with KPMG Peat Marwick, a “Big Four” CPA consulting firm, and with Cooper Industries, a Fortune 100 Company, in its Executive Development Program.
I have a Masters in Leadership from the Thayer Institute for Performance Virtuosity.
I am blessed to have a wonderful wife, Deshia and a proud parent of 5 children (3 boys and 2 girls). Love spending time outdoors with my family, reading, and learning in the mountains of Western North Carolina.
