Board of Governance
The strength and consistency of any group or society is directly proportional to the quality of its leadership and governance. Adequate corporate governance ensures that stretched resources are managed efficiently, decisions are made sincerely, and employees take ownership of their activities. These advantages keep governance functioning effectively by giving people a sense of purpose and direction. The governing board’s role is to oversee and improve the organization’s development and help implement the board’s strategic plan (Phillips et al.,2022). The company’s long-term performance depends on how well the board coordinates the strategic program, mission, goals, and values.
Organizational leadership
In contrast, in my view, leadership in the context of strategic planning is guiding a group toward accomplishing a common goal. Leaders establish the organization’s purpose, values, and priorities. Organizational leadership is accountable for setting the direction and priorities and completing all necessary activities.
Distinctions between Leadership and Board Governance.
The difference between leadership and a board of governance is that leadership mainly focuses on inspiring, influencing, leading, and guiding teammates or employees toward achieving goals and objectives. Moreover, leadership entails setting the company goals, establishing communication techniques, and ensuring that day to day activities of the organization are efficiently and effectively carried out. Leaders oversee an organization’s daily operations and ensure resources are used efficiently (Phillips et al.,2022). On the other hand, the governance board oversees the company’s operations to benefit its stakeholders. The board of governance sets strategy and policies, monitors performance, and holds management accountable for meeting goals. Non-executive directors usually make up the board—Independent directors.
Both leadership and the board of governance work together to provide the organizational framework to aid in the strategic plan. The board of directors defines the firm’s direction, while the senior leadership team plans, allocates resources, implements strategic objectives, and monitors and analyzes progress toward goals. The leadership team executes plans and ensures change while the board sets goals and objectives. These two leadership structures must cooperate for strategic planning to succeed.
Group Reflection
The reflection’s assessment of leadership and board governance in health care strategic planning is accurate. Strategic planning requires both, as they complement one other. The executive team executes the board’s vision and direction. The reflection correctly states that the two groups must communicate and report regularly to stay on track and achieve strategic goals.
Individual Final Summary
Board governance is the set of institutions, rules, regulations, and norms that control the board’s policies and practices. Qualified board leadership, efficient management procedures, and goal-achieving methods are all required for an effective board governance structure. The board of governance ensures a perfect alignment of the company goals, vision, objectives, and values. It works with the entire company leadership team to develop and approve strategic goals and objectives (Brown,2020). The board also holds the organization accountable for meeting those goals. As organizational leaders, the executive leadership team creates and implements the strategic strategy. This involves determining the organization’s goals, strengths, weaknesses, opportunities, threats, and the enterprises. Executives implement the company’s strategy. The team also checks that the strategy matches the company’s values, vision, and goals.
Leadership and board governance differ in their roles and responsibilities in healthcare strategic planning. Hence this defines leadership. The executive leadership team executes the strategic plan, while the board of directors sets its vision and direction. Strategic planning to achieve goals requires both. The board provides direction and oversight, but the executive team ensures the plan is executed effectively (Brown,2020). These two leadership structures communicate well to execute a strategic plan. If they want the organization to meet its strategic goals, both parties must keep communication open and report on it regularly. The executive team reports on progress and seeks input from the board to ensure everything is in keeping with the organization’s purpose, vision, and values. Strategic planning requires strong board governance and organizational leadership.
References
Brown, A. (2020). Communication and leadership in healthcare quality governance: Findings from comparative case studies of eight public hospitals in Australia. Journal of Health Organization and Management.
Phillips, G., Kendino, M., Brolan, C. E., Mitchell, R., Herron, L. M., Kὃrver, S., … & Cox, M. (2022). Lessons from the frontline: Leadership and governance experiences in the COVID-19 pandemic response across the Pacific region. The Lancet Regional Health-Western Pacific, 25, 100518.
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