Healthcare boards have a critical role to play in improving diversity, equity, and inclusion across the industry. Directors have fiduciary obligations to oversee quality and strategy and within that context, they must also ensure board composition and culture support the organization’s DEI goals.
Health care organizations across the nation are investing time, attention and dollars in diversity, equity and inclusion efforts. Leadership and board support are key to elevating strategic importance of diversity.
As pediatric institutions enter into a new phase of the pandemic response, including stabilizing operations and reevaluating strategy, it is also the time to start planning for the next unknown.
A high-functioning governing body is a key strategic asset for health care organizations. This practical framework can guide you in assessing the effectiveness of your organization’s governing body and governance practices.
During a time when organizations are managing through great complexity and experiencing an increased pace of change, it is important to reground in governance basics and not lose sight of the fiduciary obligations of the governing body.
In assessing the overall effectiveness of your board, consider these seven key elements to identify the strengths and opportunities unique to your organization and governing body.
FGC offers a complimentary consultation to learn more about the governance strength – or challenges – of your organization. There’s no commitment, just a chance to identify opportunities to leverage board governance as a strategic advantage.