Following key strategies for effective CEO performance appraisals are essential to the health care board’s role.
Boards should assess the impact of change on their organization’s executive compensation program and committee practices.
Leadership and Board Continuity: The Keys to Lasting Organizational Performance webinar recording.
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…
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.
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.
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.
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…
The following is intended to be an example that boards should adapt to meet their individual needs.
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…