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Why you should fire your board (maybe): How boards underperform and what executives can do

Author

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  • Wysocki, Keith
  • Stanosheck, Kori

Abstract

This paper outlines what healthcare executives can do when their governing boards are not fulfilling their fiduciary duties or providing adequate oversight to the organisation. Many healthcare boards are not recruiting the right people, spending enough time on strategy or following other recognised industry best practices. Making the board more effective may require ‘firing’ a person from the board or ‘firing’ a practice the board has been engaging in. The paper focuses on signs executives should look for in diagnosing subpar board performance and principles they can follow to make their boards more effective. If executives help hold boards to a high standard, the board can become a thought partner to executives and an asset to the organisation.

Suggested Citation

  • Wysocki, Keith & Stanosheck, Kori, 2019. "Why you should fire your board (maybe): How boards underperform and what executives can do," Management in Healthcare: A Peer-Reviewed Journal, Henry Stewart Publications, vol. 3(4), pages 388-394, March.
    • Handle: RePEc:aza:mih000:y:2019:v:3:i:4:p:388-394
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    More about this item

    Keywords

    board assessment; board competencies; board evaluation; governance; healthcare; healthcare governance; intentional governance;
    All these keywords.

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • I10 - Health, Education, and Welfare - - Health - - - General

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