Reginald Hislop III is a renowned CEO with an illustrious career spanning over three decades in both the non-profit and business sectors. With a passion for making a positive impact, Reginald has dedicated his expertise to those in need, leaving a lasting impression wherever he goes. His influence extends far beyond the boardrooms as a published author, public speaker, and advisor.
Throughout his extensive journey, Reginald Hislop III has acquired an in-depth understanding of the best business structures and development practices. His exceptional track record shows his prowess in expanding market share and integrating new programs and services seamlessly. Reginald has been instrumental in defining the visions of various organizations, propelling them toward unparalleled success. While his core focus revolves around CEO and Board-level business development, including strategy development, marketing, finances, and risk management, he embraces fresh challenges. Reginald Hislop III has collaborated with various other business elements.
Previously, Reginald Hislop III served as the esteemed CEO of Oakwood Lutheran Senior Ministries, an organization dedicated to enriching the lives of seniors by ensuring they lead rich, secure, and fulfilling lives. Taking on this role was a natural fit for Reginald, who embraced the opportunity to grow the organization, enhance revenue streams, and optimize operational efficiency. His results have been remarkable, as he has significantly improved the organization’s impact on seniors and the community. Since joining Oakwood in 2019, he has successfully restructured debt, spearheaded the construction of a state-of-the-art SNF building that connects the campus with other facilities, and increased revenue and occupancy. Additionally, Reginald successfully acquired a home health agency and launched a new Medicare hospice service, further expanding Oakwood’s capabilities.
Another prominent organization Reginald Hislop III is deeply involved in is H2 Healthcare, which he co-founded and currently serves as the Managing Partner. Established in 2011, H2 Healthcare is a national scope consulting practice with prestigious clients such as Larksfield Place, DeMatteo Moness, and Gerson Lehrman Group. The company specializes in guiding health policies, economics, and marketing research, cementing its position as an industry leader.
Reginald’s impressive resume goes beyond these organizations. For over a decade, he served as the President and CEO of The Village at Manor Park, Inc., making significant contributions to its growth and development. Additionally, Reginald has actively participated in various organizations and boards, founding the West Allis Education Foundation in 1989 and serving as its chairman until 2004.
Widely recognized for his experience and the invaluable insights he offers, Reginald Hislop III is often sought after for presentations and keynote speeches. With a passion for sharing knowledge, he has authored over 150 articles and research papers, leaving a lasting imprint on the fields he delves into. Moreover, Reginald is a published author of three books, the most recent being the acclaimed “5 Star Quality Rating System Technical Guide.”
Reginald Hislop III’s contributions to the realms of business development, healthcare consulting, and education have left an indelible mark on numerous organizations and communities. A visionary leader and dedicated advocate for positive change, his influence continues to shape the industries he touches, inspiring others to strive for excellence and transformative growth.
What is your typical day, and how do you make it productive?
I am an early riser and first thing after I get the coffee started, I do a series of small devotions then I read multiple newspapers and check multiple news sources. I then eat a light breakfast and work out so that I can get into my workday.
How do you bring ideas to life?
I’ll brainstorm with my wife who is also my business partner and often, do the same with another partner. I “talk” and think, out loud. As I converse, things gel into a plan, and from that point, execution becomes a series of steps that build upon each other.
What’s one trend that excites you?
I’m interested in how AI is developing but cautious too. I did work (patent awarded) in a “smart” system that helped folks self-manage their Type II diabetes to gain better self-efficacy and produce a more stable blood glucose level. The program was a bit like infant AI in so much that it took a complex disease management algorithm and made it simple and intuitive for the patient. As the patient used the system and followed prompts, the system guided the patient to better disease management practices (diet, exercise, blood sugar monitoring, etc.).
What is one habit that helps you be productive?
Read – a lot. I challenge myself to stay current and to read across various publications – keep an open mind, stay current.
What advice would you give your younger self?
Take more time away from the office. I was a workaholic (now recovering) and I didn’t take as much time away as I should have. While I never really burned out, I came close.
Tell us something you believe almost nobody agrees with you.
Nixon was a good president and had the chance, until he got lost by his own ego and power struggle, to be a historic president. He did the right thing ultimately, by stepping down.
What is the one thing you repeatedly do and recommend everyone else do?
Tell your family and those closest to you that you love them – often. I tell my wife at least a half dozen times per day and always before we go to sleep.
When you feel overwhelmed or unfocused, what do you do?
Sit quietly or go for a walk and meditate and pray. When I do this, I can reorganize and regain poise and focus.
What is one strategy that has helped you grow your business or advance in your career?
Be bold and don’t be afraid of failure. Others will be quick to say how things don’t work, won’t work, etc. I like a quote from Dr. Louis Pasteur: “Chance favors the prepared mind”. You grow your own luck and being willing to move ahead, success ultimately occurs.
What is one failure in your career, how did you overcome it, and what lessons did you take away from it?
It was a great accomplishment that ultimately didn’t work as planned. The patented system I developed (with two other gentlemen) worked exactly as planned via a controlled group study. The participants that used the system achieved better levels of blood glucose level control than those that used a conventional approach via a manual and physician care. The problem ultimately? The system required high-speed internet and the big population targets for the device/system were rural and inner-city…locations that lacked high-speed, broadband access. The system worked but failed from an end-use, commercialization perspective. We were too far ahead of the “curve” so to speak. The key lesson I learned was to make sure that ALL the dots get connected. We were too focused on proof of concept that we forgot how to apply the final design in a way that it could be used.
What is one business idea you’re willing to give away to our readers?
I’m working right now on a virtual compliance officer service. Post-acute providers (nursing homes, home health, hospice) are required to have a compliance officer and to have a compliance program yet, the costs of the officer and the program elements can be high. I’m working to effectively provide the whole package for a subscription (policies, audits, complaint/concern lines, etc.).
What is one piece of software that helps you be productive? How do you use it?
Microsoft Word – I write a lot and my consulting practice, with my wife, uses reports, etc. for clients.
What is the best $100 you recently spent?
Personal – bought dinner for our daughter and son-in-law as they are about to have their first child. We wanted to “toast” them before the baby arrived and it was a great evening at a favorite supper club for them.
Do you have a favorite book or podcast from which you’ve received much value?
I have lots of favorite books but my current one is titled: The Notes: Ronald Reagan’s Private Collection of Stories and Wisdom. I’m a big fan of Reagan.
What’s a movie or series you recently enjoyed and why?
My wife and I don’t watch much TV but when we do, we enjoy Blue Bloods. We like the stories and are big fans of the family dinners that always are a central theme to each episode. Reminds us both of our childhood (Sunday, family dinners).
-Never stop learning and being inquisitive. If Pasteur is correct, success is being prepared not “luck”.
-Have center points in life that you can use to rally and keep you healthy, focused, and secure. These are people you love, who love you, and you can count on unconditionally.
-Failure is guaranteed so why fear it? Those that do, typically don’t do much in life. Choosing to not risk, to not venture, is a certain way to not succeed (fail).
-The coolest things to see and experience in life are not on the paved roads, the easy paths.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.