In today’s environment of mergers and other partnership models, there is growing interest in understanding how subsidiary boards can best be leveraged. Subsidiary boards have a unique opportunity to drive strategic value and in this podcast we explore the many ways subsidiary boards can make an impact.
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.
The roles of health system parent boards and local subsidiary boards continue to evolve. As new partnership models are implemented across the country, governance structures are changing to meet new needs.
As it becomes clear the social distancing impact of COVID-19 will be sustained, now is the time to evaluate and enhance the virtual experience.
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.
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.