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Trustee Articles
Trustee Articles
Jul 2, 2019
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.
Sep 11, 2017
In the era of value-based purchasing, including physicians in the development of strategy has never been more crucial.
Trustee Articles
Trustee Articles
Aug 14, 2018
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.
Trustee Articles
Trustee Articles
Jan 1, 2018
As strategic planning becomes a more intense focus for hospital boards, lessons from publicly traded companies may be instructive.
Trustee Articles
Sep 10, 2020
With the future anything but clear, strategic thinkers, consultants and tech gurus have begun to reimagine the field’s future and what opportunities lie ahead.
May 14, 2018
In the 2017-2018 Public Company Governance Survey conducted by the National Association of Corporate Directors, 600 directors of publicly traded companies we
Trustee Articles
Trustee Articles
Jul 2, 2019
Alignment between the health care organization's strategic priorities and charitable funding priorities is essential to maximize the impact of donor dollars. However, many organizations fail to secure a shared vision, so philanthropy is used to advance low value priorities or development officers are left to de facto set hospital strategy.
Trustee Articles
May 1, 2020
Changing the mindset of health care CEOs and boards to envision the board’s potential is the first step in a long trek to turn the board into a strategic asset.