Episode 51: The Power of Team Development in Dental Practice Management

Cedrick Lewis, an entrepreneurial dentist, has made a name for himself with his successful multi-site group practice in Hawaii. His perspective on group practice expansion is shaped by his experiences, starting from his time at a DSO in Oregon where he gained insights into efficient dental practice management, to his transition to ownership in Hawaii where he focused on high-end dentistry and market domination. Lewis believes in a growth mindset, emphasizing the importance of continuous learning, collaboration, and being solution-based. Despite facing early financial challenges, his resilience and resourcefulness have led him to develop a unique business model, acquire a dental practice in Honolulu, and establish himself as a leader in the field. His vision for the future involves further expansion, potentially merging with partners to create a larger organization where everyone can work and grow together. What to Expect This Episode: Implementing extended hours and service industry concepts in dental practice can lead to significant growth and patient satisfaction. Transitioning from a solo practice mindset to a business-oriented approach in dentistry involves shifting focus from individual work to team growth and business development. Building a successful group practice involves attracting and retaining talent across various roles within the organization. Cedrick Lewis emphasizes the importance of organizational culture in business success, advocating for a servant leadership approach. Cedrick Lewis discusses the challenges of aligning associate doctors with the practice's vision for continued success, emphasizing the importance of a growth mindset and a team-oriented approach to business expansion. Implementing bonus systems based on behaviors and performance can incentivize employees and drive company culture. By designing bonus plans that align with desired behaviors and outcomes, businesses can motivate their employees to excel in specific areas, ultimately leading to improved performance and success in the long run. Connect with Cedrick Lewis: https://www.linkedin.com/in/cedric-lewis-830211b1/ Connect with Stan Kinder: https://www.linkedin.com/in/stan-kinder-a3280a234/ Learn more about your ad choices. Visit megaphone.fm/adchoices