Living it up at LASA
Well it’s a wrap, and what an insightful couple of days it has been mingling with the Australian Aged Care community and listening to some of the thought leaders in this space.
It is no secret that the Aged Care industry is undergoing a transformation at the moment, and the sessions and conversations that I have had over the past few days have been dominated by terms such as: Change, Transformation; Increased Market Competition; Process Improvement; and the like.
The key disruptors impacting the industry were well summarized by Jessica Fisher of FBC Law, when presenting her findings from an EBA survey. These include:
Shifts to Consumer Directed Care (CDC) and new models of care
- Mergers and Acquisitions
- An increasing aging population
- Changes in funding models and government
While these changes are indeed exciting, they mean a higher probability for growth, and new and more efficient methods for caring from our aging population. There will also be new found challenges for organisations trying to transform themselves; in particular for HR teams.
They will need to look for solid management structures that can lead their organisations on the journey, and motivate employees who may be used to fairly static working environments to embrace the change journey. They will need a solid organizational structure and skills to operate more efficiently without sacrificing the care for their patients and a stable workforce to ensure continuity of high quality service.
I have no doubt that the delegates have left the LASA conference with new found inspiration and ideas that they can take back to their business, as they progress their business strategies to support these industry changes. I look forward to future interactions with my industry peers as we continue to work with you during this exciting time.