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Choosing Wisely: Succession Planning for a Down-Sized Board
Trustee Articles
Several events can lead to a decision to down-size a board. In some cases, the trigger is a merger or an acquisition in which seating all legacy directors would result in a large, unwieldy board or produce an imbalance favoring one of the combining parties. In other cases, a large board simply decides its present size is an impediment to efficient and effective governance.
Pursuing Board Chair Excellence
Great governance rarely happens without a great board chair. Yet too often, insufficient attention is paid to ensuring that chairs are well suited for this critical role. Lessons about this important issue can be learned from the stories of four boards: two that did not handle board leadership preparation well, and two that are heading in the right direction.
How Boards Can Encourage Philanthropy to Benefit Hospitals and Communities
Hospital and health system trustees who want to ensure the organization achieves its mission can work to put a greater focus on their organization’s philanthropic foundation.