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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.
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.
The Foundation Board's Role in Strategic Planning
Trustee Articles
Setting strategic direction is a basic governance role of the foundation board. The board is responsible for determining the mission, vision and values that are the bedrock of the organization’s strategic framework. The board represents stakeholder interests, so it serves a valuable role in sharing community perspectives and expectations to guide planning. The board must ensure the organization’s goals position it to fulfill the organizational mission and to advance its vision.
Is Strategic Planning Getting Adequate Attention in Hospital Boards?
Trustee Articles
As strategic planning becomes a more intense focus for hospital boards, lessons from publicly traded companies may be instructive.
The Imperative for Strategic Workforce Planning and Development: Challenges and Opportunities
Trustee Articles
A critical need exists to elevate the discussion about workforce planning and development to ensure it becomes a standing, rather than crisis-driven, component of comprehensive strategic planning for hospitals and health systems.
Strategic Resource Allocation
Trustee Articles
Almost all hospitals face the issue of not having enough money to accomplish everything they would like to. So how does the board pick among winning ideas when it can’t afford them all? The resources needed to support operations and implement strategic initiatives can far surpass those available.