In this podcast episode, Simone Sloan interviews Mike Murphy, a seasoned growth leader with significant experience as a C-level executive in healthcare and insurance. Mike shares his career journey and how it led to the formation of Sunstone Management Advisors, which focuses on increasing the enterprise value of healthcare and insurance companies. They discuss the challenges of innovation in healthcare, the importance of storytelling in business, the complexity of the healthcare system, and the significant lessons Mike has learned throughout his career. The conversation touches on leadership, creating a successful organizational culture, and the balance required to navigate an evolving health industry landscape. 

Key Takeaways 

• Being adaptable and open to innovation is crucial for personal and professional growth

• The healthcare system faces significant challenges, including inefficiency, high costs, and lack of trust that need urgent addressing

• Effective storytelling and understanding the business ecosystem are vital for commercial success

•  Leadership involves creating the right environment for teams to flourish and aligning goals with business values

• Building authentic relationships and having the flexibility to use different leadership styles are keys to success