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Board Compensation: The Emerging New Normal
The AHA triennial survey of health care boards reveals the exponential growth in the number of boards that provide cash compensation to their members.
Coaching: A Critical Tool for Board Chair Development
Trustee Articles
Making coaching available to an incoming board chair can build the chair's capacity to lead the board effectively.
Power of Education
Trustee Articles
The rules of engagement for board members have changed dramatically. Historically, the trustee position was honorary; today, trustees are expected to interact more with management and the community and know more about operations.They also have added accountability for legal and regulatory matters. As this role grows in complexity, hospitals are challenged to prepare and educate board members efficiently to be effective fiduciaries without overwhelming them.
New Board Chair
Trustee Articles
Effective board leadership transitions can be facilitated by institutionalizing basic tools and processes. These include setting term limits for those in board leadership positions, periodic evaluations based on clear job descriptions and assessment of potential barriers to successful CEO relationships.
Selecting & Preparing a Chair Elect
Trustee Articles
Despite the importance of the role, many boards do not give selection and preparation of the board chair the attention they should. In a recent survey by The Governance Institute, 64% of boards said they had established an explicit process for selection of the board chair but these processes often are little more than a thoughtful conversation among the executive or governance committee about the next chair.
New Approaches to Board Chair Effectiveness
Trustee Articles
Over the past decade, we have learned much about board effectiveness. A growing body of research has systematically confirmed the intuitive link between board and organizational performance: higher-performing boards are associated with higher-performing organizations.
Governance Collaborative: Next-Generation Board Development
Trustee Articles
It would be hard to disagree with the notion that board development is essential to effective trusteeship. Anyone who has sat on the board of a hospital or health system knows that health care is recognized as one of the most complex sectors.
MHC Governance Learning Collaborative
Trustee Articles
Are You Prepared to Meet Today’s Governance Challenges? Serving on a community hospital or health care system board in today’s challenging environment takes more than the desire to fulfill a fiduciary duty.