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Board Practices that Separate the Best from the Rest
Trustee Articles
The AHA’s 2011 Governance Survey shows that good governance practices continue to take hold among hospitals and health systems. Driven by powerful economic pressures and stringent legal requirements to be visionary, strategic, diligent and independent, boards are applying various “good governance” practices, including competency-based succession planning, board orientation and education, routine executive sessions, CEO retention planning, and board self-evaluation.
Preserving the Distinction Between Management and Governance
Trustee Articles
One of the most difficult aspects of effective governance is understanding the distinction between the roles of management and the board, and how that demarcation varies among different organizations. After three decades of working for boards and serving on many myself, I have learned that clarifying these roles is imperative to well-functioning organizations and their boards.
Active Board Succession
Trustee Articles
A decade ago, BoardSource, an organization supporting nonprofit boards, developed a well known list of aspirational principles of governance. For us they still ring true: “mission driven,” “ethos of transparency,” “compliance with integrity.”
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.
Addressing Health Equity in the Hospital Board Room
COVID-19 has made it clear that addressing health equity is necessary to improve health and save lives, and hospital and health system trustees need to lead and collaborate in these efforts.
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.
Conflict Manager: The Board Chair's Unsung Role
Trustee Articles
Board chairs are often chosen based on peer respect, professional knowledge, demonstrated commitment such as chairing a board committee, and willingness to put in the time required. A somewhat surprising finding to emerge from the AHA’s 2011 Governance Survey is that conflict management is an important yet seldom discussed role of the board chair.
Most Commonly Asked Questions About Board Committees
Trustee Articles
Here are some of the questions that we as governance consultants hear most frequently about board committees.
Health Care Governance on the Eve of Disruption
Trustee Articles
Corporate boards, across industry sectors, are increasingly being called upon to support management as the company responds to how innovative competitors “disrupt” their existing business model. Blockbuster, Borders and ESPN are prime examples of established companies that have been pulled into the financial undertow created by nimble disruptors.
Advancing Rural Telehealth and Addressing Its Challenges
Engaging and retaining nursing staff can help drive organizational performance, including improving patient safety, satisfaction and outcomes.