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Succession Planning: The Board-CEO Partnership
Trustee Articles
Boards and CEOs must constructively address the succession imperative. Succession planning for the CEO and other senior leadership positions is critical to organizational continuity and stability, especially in a transforming healthcare field.
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.
Competency-Based Leadership Development and Succession Planning
Trustee Articles
The tools that follow lay out a framework to assist you in that thinking and planning process with a focus on the competencies of individual trustees.
Competency-Based Succession Planning
Trustee Articles
Even before the Enron scandal, which featured directors who didn’t understand the company’s complex financial transactions, and before the Sarbanes‐Oxley Act required publicly owned corporations to disclose whether their boards include directors with financial expertise, it should have been self‐evident that relevant knowledge and experience are prerequisites for effective governance.
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.