DaVita Case Study Seventeen placements at Sr. Director, VP and General Manager levels
DAVITA IS A $13 BILLION SPECIALTY PROVIDER
with a focus on kidney care that operates 2,329 sites in the United States. Their three year average revenue growth is more than double that of the industry. If you spend time with DaVita, you will hear them describe themselves as “a community first, a company second,” and the meaning of the name is “giving life”. The fact that they actually walk out both of these realities is what attracts our team to them and keeps them in a compelling spotlight within the healthcare industry.
LEADERSHIP TURNOVER CAN COST A COMPANY OF THIS SIZE AND COMPLEXITY AN AVERAGE OF $2MM IN OPERATIONAL LOSS PER INCIDENCE.
When DaVita approached us, there was a lot of speculation in the market as to what the future of care looked like. Velocity of the business and the complicated financial environment required a very intellectual leader who had the grit to get things done. Stepping into this environment, we took the time to understand and identify both the critical cultural and business factors that would make a leader successful. Secondly, we developed a highly effective method of pattern recognition within developing careers that could identify subtle characteristics that insured long-term fit within DaVita. New team members hit the ground quickly, advanced smoothly and drastically reduced the cost of employee turnover.
THE PARNASSUS PROSPECTUS OFFERED TOP CANDIDATES A LARGER AND INTERESTING STORY
Our multifaceted evaluation of the situation zeroed in on the top three areas for exploration and analysis: Core beliefs, intellectual methods and decisive style. Vision for new leaders coming into the company needed to tie to perception of impact and momentum that the company was building across the entire industry. The Parnassus Prospectus offered top candidates a much larger and more interesting story of DaVita and we were able to tunnel past the dormant fields of traditional candidates and into fresh streams of savvy doers who saw the company’s culture and strategy as essential to their personal career fulfillment.
The Parnassus group partnered with DaVita to place 17 leaders over a 26 month period at Sr. Director, Vice President and General Manager levels. Operations, development and strategic planning functions. Average time to complete Division Vice President and Vice President Searches – 3.2 months Less than 24 months since their placement, 4 promotions of our placements have occurred.
Watch the story of Asher Royal, one of the leaders we placed at DaVita.
“I trust The Parnassus Group because they understood who I was an individual and as a professional and knew where and how to blend that” – Asher Royal