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Board members are crucial in determining the future direction of an organization, encouraging accountability and governing it. It can be difficult to manage a large group at any stage of their career especially in a physical setting like the board meeting.

One of the key challenges for boards is knowing how to oversee management without interfering or micromanaging. To aid, it’s essential that board members comprehend the difference between the policy decisions at the highest level and the lower-level management policies. It’s also important that the board has a good relationship with management and has clearly outlined how it plans to share its discussions with management.

It’s ideal to schedule regular updates via telephone with board members for seven to ten days prior to the board’s next meeting. This allows the board to look ahead at issues that are on the agenda, and it also ensures that bad news won’t be delivered at the meeting.

The final step is to make sure that you develop policies that clarify responsibilities between the board, management and the medical staff. Effectively implemented guidelines reduce the amount of “busy work” at each board meeting. This can free time for strategic work.

In order to ensure that the board can function as an an effective partner in the oversight process, it is essential that it is made up of people with a broad understanding across all aspects of the company. This includes finance, sales marketing, operations and finance. It will also help when some of the members have expertise outside of the healthcare industry. This allows the board members to acquire new expertise and make the most appropriate decisions for the company.

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