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2020 Actions for the Board Compensation Committee
Trustee Articles
Boards should assess the impact of change on their organization’s executive compensation program and committee practices.
Ready for the Unthinkable
Trustee Articles
An emergency succession plan may never be used, but it’s still a necessity for every hospital. A key function of every board is to ensure that effective leadership is in place so that the institution it governs can continue to achieve its mission, vision and strategic goals.
Taking Responsibility for Transitions at the Top
Trustee Articles
Succession planning is a high-stakes governance responsibility. The significant costs of protracted CEO searches and failed replacements are well-documented. Yet, data from the for-profit and nonprofit sectors continue to show that many boards aren’t focusing enough attention on succession planning or on getting it right.
Key Action Steps for the Compensation Committee
Trustee Articles
As hospitals and health systems realign their strategic objectives, executive compensation programs must evolve to support the organization's mission. Your board's compensation committee should determine if corresponding actions or updates are necessary.
Effective CEO Performance Evaluation
Following key strategies for effective CEO performance appraisals are essential to the health care board’s role.