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Profiles in Leadership - UW-Milwaukee

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Cover Story<br />

Profi les <strong>in</strong> <strong>Leadership</strong><br />

Lead<strong>in</strong>g a Not-for-Profi t <strong>in</strong> a For-Profi t World<br />

Jackie Fredrick<br />

(EMBA ’88)<br />

President & CEO<br />

The BloodCenter of Wiscons<strong>in</strong><br />

Leaders of not-for-profi t organizations<br />

face identical challenges to<br />

their counterparts <strong>in</strong> for-profi t<br />

organizations, said Jackie Fredrick,<br />

Presi dent and CEO of The BloodCenter<br />

of Wiscons<strong>in</strong>. “We require the same skills,<br />

talents, and expectations that are required<br />

<strong>in</strong> any organization that wants to be world<br />

class.”<br />

The BloodCenter of Wiscons<strong>in</strong> is a<br />

nationally respected transfusion medic<strong>in</strong>e<br />

organization that is the sole supplier of<br />

blood and blood products to over 50<br />

Wiscons<strong>in</strong> hospitals. It also provides<br />

diagnostic laboratory services nationally,<br />

transfusion-related medical services, and<br />

<strong>in</strong>ternationally recognized blood research.<br />

The BloodCenter has annual revenues of<br />

approximately $100 million.<br />

“Let me describe the complexities of The<br />

BloodCenter for you,” Fredrick said. “We<br />

are part of the biotechnology <strong>in</strong>dustry, a<br />

pharmaceutical manufacturer, a wholesale<br />

and retail pharmacy, and a national<br />

diagnostic lab. We have a physician group<br />

practice and an academic research<br />

<strong>in</strong>stitute. We are a charity and stewards of<br />

the gift of life. And, we are a grow<strong>in</strong>g<br />

organization, contribut<strong>in</strong>g to the economic<br />

development of our community.”<br />

With<strong>in</strong> that challeng<strong>in</strong>g environment,<br />

Fredrick described four leadership man -<br />

dates that guide her as she manages the<br />

tension between bus<strong>in</strong>ess excellence and<br />

deliver<strong>in</strong>g a charitable, community purpose:<br />

Creat<strong>in</strong>g a tremendous sense of mission<br />

and vision. “Our mission and vision —<br />

advanc<strong>in</strong>g patient care by provid<strong>in</strong>g<br />

life-sav<strong>in</strong>g solutions grounded <strong>in</strong><br />

unparalleled medical and scientifi c<br />

expertise — is what <strong>in</strong>spires our people<br />

and creates their greatest sense of<br />

purpose.” Leaders need to nurture the<br />

mission of their organization.<br />

Engag<strong>in</strong>g employees and build<strong>in</strong>g the real<br />

talent of an organization. To attract the<br />

same talent without the same fi nancial<br />

rewards that for-profi ts can offer, Fredrick<br />

said, not-for-profi ts must focus on provid<strong>in</strong>g<br />

the maximum environment for people to<br />

achieve their potentials — through a<br />

sense of purpose, by creat<strong>in</strong>g challeng<strong>in</strong>g<br />

and excit<strong>in</strong>g opportunities, and by<br />

offer<strong>in</strong>g opportunity for <strong>in</strong>novation.<br />

Cultivat<strong>in</strong>g connections and relationships<br />

with a wide variety of constituencies, both<br />

<strong>in</strong>ternal and external. In not-for-profi ts<br />

especially, it is crucial that these relationships<br />

be built on trust.<br />

Striv<strong>in</strong>g to have the best bus<strong>in</strong>ess and<br />

operat<strong>in</strong>g practices. “At the BloodCenter,<br />

we work very hard to be strong fi nancially,<br />

and to benchmark our practices aga<strong>in</strong>st<br />

such lead<strong>in</strong>g organizations as General<br />

Electric (Six Sigma), Mayo Cl<strong>in</strong>ic (brand<br />

management), and Ritz Carlton (customer<br />

experience).”<br />

“ I learned so much of what I practice as a leader today from <strong>UW</strong>M’s bus<strong>in</strong>ess school. And the<br />

BloodCenter cont<strong>in</strong>ues to send employees to the Lubar School — its EMBA program, PhD program, and<br />

Strategic <strong>Leadership</strong> Series. It helps our people to effectively operate <strong>in</strong> this very broad, complex world. ”<br />

— Jackie Fredrick, President and CEO, The BloodCenter of Wiscons<strong>in</strong><br />

SPRING FALL 2007 7

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