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Get a Strategic Edge at This Years Rural Leadership Conference
As a kid, I remember that the best roller coasters were the ones that were both terrifying and exhilarating.
Managing Capital Project Risks in a Challenging Environment
Trustee Articles
This monograph discusses today’s market environment, current capital market perspective and related risks, and then outlines a project management approach and questions that must be addressed to help board members and executives more effectively manage capital project risks while achieving organizational strategies and goals.
Increase the Financial Impact of Philanthropy
Trustee Articles
The strategic use of organizational dollars has become a regular topic around the governing board table. However, within this conversation, one potential source of revenue is often overlooked or utilized in a less strategic manner: charitable giving.
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.
Creating the Right Boardroom Conversations
Trustee Articles
Establishing well-organized and consistent governance processes and procedures enables the board to be most productive, and ensures that its time is allocated to the most critical topics.
Principles and Best Practices for Effective Governance
Trustee Articles
The trustees of one health system were divided over how to structure the board. Some favored proportional representation from its acute care, nursing home and elder services divisions; others wanted all at-large members with no interests to promote.
The CEO of another health system had restructured so facility executives were directly accountable to corporate management for finances and operations. He wanted local boards to focus on strategic direction and oversight of quality, but local boards continued monthly monitoring of finances as they’d always done. Some trustees wondered what their role was.
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.
Top 10 Practices of Great Boards
Checklists
Be sure every member fully understands his or her accountability, responsibilities and the expectations of the office, and document it all in a written position description...
Position Description for a Health System or Hospital Board Member
Position Descriptions
A duty of obedience to the charitable purpose of the organization, a duty that should be demonstrable in all the board’s decisions.
A duty of loyalty, to act based on best interests of the organization and the wider community it serves, not the narrow interests of an individual or stakeholder group. A duty of care, to be diligent in carrying out the work of the board by preparing for meetings, attending faithfully, participating in discussions, asking questions, making sound and independent business judgments, and seeking independent opinions when necessary.