A good board management system includes the board’s culture, structure, and the decision-making process, as well as its members. The key elements of good management include a shrewd approach to behavior and an understanding of the board’s role and obligations. Additionally, effective boards are able to recognize when they need new energy and focus their efforts.
Appropriate behavior includes not being unwilling to speak up, respecting the organization including management and clinicians and embracing board service as a part of citizenship. It is crucial to distinguish between governance and management, and to comprehend the impact of a board’s decision on others.
A solid policy process and an understanding of the role of the board are essential. Policies are essential to allow boards to fulfill their three principal roles, which include setting strategy, making significant and strategic choices and overseeing the work of the company. Effective policies help to narrow discussions, eliminate unnecessary work and ease the burden on management to produce details that are not necessary or too detailed for the board.
A board resolution stages well-organized agenda can significantly enhance the efficiency of the board meeting. The best way to structure an agenda is to break it down into items for information actions, strategic discussions and information. This lets the board better understand their responsibilities and helps to eliminate concern that they must vote on issues that are only for information. It is important to have clear guidelines for committees and task forces, as well an approach to avoid duplicate work. It is also helpful to have a corporate secretary who can help to organize meetings, manage the flow and information, and design an extensive set of board documents that include pertinent background documents.