Resource Library

25 Results Found

Trustee Articles
Boards should assess the impact of change on their organization’s executive compensation program and committee practices.
On-Demand Educational Webinars
Webinar Leadership and Board Continuity: The Keys to Lasting Organizational Performance  
Dashboards/Scorecards
By tracking outcomes, the committee can ensure that the program operates consistently with the established philosophy and that areas requiring attention are readily identified. When combined with comprehensive tally sheets and affirmation that all executive compensation arrangements are fully disclosed to the committee, there is a comprehensive baseline underlying the committee’s deliberations.
Evaluations and Assessments
As health care organizations face a number of emerging challenges, the compensation committee of the not-for- profit hospital and health system board is well served to review and update the executive compensation program periodically.
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.
On-Demand Educational Webinars
This webinar examines the best practices of CEO succession planning in a health care setting. Bill Westwood, Senior Client Partner, Korn Ferry presents a thorough description of the process to follow to ensure that succession planning is smooth, efficient and objective. He offers specific recommendations for the roles that each party plays in the process, and what risks should be avoided. Board members, incumbent CEO's and potential CEO's will learn how to prepare for and execute succession planning in their organizations.
On-Demand Educational Webinars
To prepare for leadership succession, boards must identify talented leaders within the organization, take steps to retain them and develop them well for future roles.
Evaluations and Assessments
The following is intended to be an example that boards should adapt to meet their individual needs.
Evaluations and Assessments
The following is intended to be an example that boards may adapt to meet their individual chief executive officer (CEO) evaluation needs.
Trustee Articles
Health care CEOs may need a little help. How about hiring a chief of staff?
Trustee Articles
The uncertainty and complexity of today’s rapidly transforming health care environment requires dynamic CEO leadership more than ever. A sound and steady relationship between the board and CEO helps support the CEO during this turbulent time and, in turn, a close and productive partnership between the board and CEO helps ensure the board’s vision and strategic direction are carried out.
Evaluations and Assessments
CEO goal-setting and evaluation is a fundamental responsibility of a governing board. These questions are designed to help boards assess their CEO evaluation process and determine if any improvements are necessary.
Trustee Articles
Expert guidance to help leaders set priorities, make the right decisions and improve results...
Trustee Articles
Boards can play a key role in guiding, supporting young health system leaders
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.
Trustee Articles
By Steven T. Sullivan As health care transforms, boards are tying executive compensation to long-term performance Many hospital and health system boards and their leadership teams are at an interesting juncture where each is heavily reliant on the other for strategic support and execution. They have a shared goal of successfully moving their organizations forward at a time when the field is in an overwhelming state of transition.
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.
Trustee Articles
This monograph offers guidance on proactively considering best practices in executive pay, including the changing role of incentive compensation, good governance practices to mitigate risk and choosing appropriate peer comparison data to support the compensation decision-making process.
Trustee Articles
In the new era of health care, hospital boards must consider a different kind of leadership style
Trustee Articles
Incentive compensation plans are intended to focus executives’ attention on their organizations’ most vital priorities and initiatives. As health care organizations revise their business strategies to address the ongoing transformation of care delivery and payment, health care boards also need to reassess the structure and measures of performance in their executive incentive compensation plans.