With turnover at the top occurring at a brisk pace and baby boom generation executives retiring in increasing numbers, the most important responsibility of a hospital and health system board is recruiting the right CEO and providing a smooth transition once he or she is on board. Hospital and health system leaders are continually making improvements in strategic planning, operating performance and management discipline, yet transition rarely receives the attention it warrants.
Mark T. O’Neil Jr., a consultant and retired health care executive, urges boards and executives to recognize the importance of succession planning and even to have an emergency succession in place just in case.
Click here to read more of his advice for doing it right in H&HN's sister publication Trustee.
