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Successful Strategic Planning: The Board Role
Trustee Articles
This monograph covers the basics of strategic planning, including definitions of common terms, a description of the planning process and the characteristics of successful plans. It describes the board’s role in planning, including why plans fail, common weaknesses and how boards can support successful plan implementation.
Revisiting the Mission
Trustee Articles
Recently, I sat in a board meeting of a leading U.S. health system as trustees were discussing their strategic vision for the system, and how the rapidly changing health care field, marketplace and regulations were having a profound impact on its future.
Planning for the Day after Tomorrow
Board-led strategic planning provides an organizational roadmap.
Mission-Based Decision-Making for Boards
Trustee Articles
A reason for being. An organization’s purpose or identity. An expression of what an organization believes it must be to best meet the needs of its stakeholders. These are descriptions of what we commonly think of as “mission.” Members of a health care organization’s board are responsible for governing in ways that help fulfill their organization’s mission. But what does that really mean? How does a hospital’s mission relate to effective governance?
Health, Hope & Healing - For All
Trustee Articles
Carolinas HealthCare System’s Journey to Revamp Its Mission & Vision Statements to Better Represent the Heart of the Organization
Evaluating New Strategic Projects
Trustee Articles
Securing board approval for a major new project can be a long and tricky process when the CEO proposing it isn’t sure which criteria trustees will use, and the board is equally uncertain what the yardsticks ought to be.
At Adirondack Medical Center in Saranac Lake, N.Y., President and CEO Chandler Ralph asked her board to write down and agree on project evaluation criteria. In a two-hour workshop, trustees came up with 14 points that they now apply to every decision about whether to implement a new program.
Developing a Strategic Board
Trustee Articles
With CEO support and opportunities for education, trustees can become better hospital leaders
Carolinas HealthCare System: 2017 Mission & Vision Statements
Trustee Articles
Elevate your healthcare experience with Carolinas Healthcare System. Learn about their mission to provide healthcare and related services.
Strategy and Stakeholder Relations: Risk or Reward?
Trustee Articles
Mapping the values and concerns of stakeholders against company strategy is one way to show where stakeholder concerns are aligned with current strategy and to create awareness of where risk or reward exist.
Board and Management Roles in Strategic Planning
Trustee Articles
Most boards and governance experts say boards should be meaningfully involved in shaping and ultimately approving the strategic plan and major decisions—but if they try to develop plans, they’re bordering on management. The tricky part is distinguishing meaningful involvement from development.