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Education Spotlight: Health Care Finance for Trustees
Texas Healthcare Trustees
What exactly are your responsibilities as a healthcare board member when it comes to your hospital's financial reports? What if you don't have a background in finance? The fiduciary duty is one of the core responsibilities of trustees; in fact, financial oversight of the hospital or health system often is viewed as the main function of the organization's governing board. Join Texas Healthcare Trustees for our upcoming webinars Nov. 12 and Nov. 19 that will feature the Finance and Reimbursement section of Trustee Online. Bring your questions — there will be an opportunity to get real-time answers from experts.
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Time is Running Out to Apply for the 2015 THA Leadership Fellows Program
Texas Hospital Association
Don't miss the opportunity for a career-changing experience — apply for the Texas Hospital Association's Leadership Fellows Program. Through a collaborative and dynamic curriculum that leverages THA's deep expertise and strong network of leaders, THA fellows will grow as leaders and become fully equipped to lead policy discussion, guide integration and create an environment that enables the best possible patient care outcomes. The application process is highly competitive. Interested candidates are required to submit a detailed application, including an online application form, resume, letter of interest and recommendations, by Dec. 1. Review the application checklist and apply today.
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When Directors Go Rogue
By Robert C. Harris
The reputation of an organization can be tarnished by a director who acts without authority or in defiance of management. A person who openly criticizes the leadership or complicates with staff relations is a perfect example. Most boards simply tolerate the behavior; few remove or censure a volunteer. Because boards are composed of peers, cordiality often supersedes conflict resolution. Further, there is seldom a consequence for bad behavior set in the bylaws or policies.
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How CEOs Can Maintain Their Edge
CEOs need to set a clear strategic direction and work to get everyone in a company to support it. At the same time, they must be flexible enough to change their course rapidly based on business conditions. Somewhere between the cult leader CEO who is too dogmatic in his or her beliefs and the mayhem CEO who shifts direction with the wind lies the balance that leaders need to strike.
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What Happens to Key Actions and Decisions After a Board Meeting?
By William D. Pawlucy
How much time, care and preparation do we put into board meetings? If we attempted to put a value on the cost of holding and executing a board meeting, the amount would be in the tens of thousands of dollars when you factor in volunteer leader and staff time. Why does a well-run and well-thought-out meeting sometimes fall short when it comes to action? Instead of a minute-taker do we need a project manager?
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Why Leaders Don't Brag About Successfully Managing Stress
Harvard Business Review Blog
Imagine what it's like to be General Motors CEO Mary Barra. In her brief tenure, GM will have recalled almost 28 million automobiles worldwide. Her firm is besieged by allegations of having a culture of carelessness and a dysfunctional bureaucracy.
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Nine Things Every Leader Should Keep an Eye On
Becker's Hospital Review
Culture is difficult to quantify, measure and manage, but making note of nine distinct components can help leaders assess their organization's strengths and weaknesses. In her article for Insigniam Quarterly, Editor-in-Chief Shideh Sedgh Bina lays out nine components of corporate culture and provides anecdotes that illustrate these facets.
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Missed last week's issue? See which articles your colleagues read most.

    Great Strategy Begins With a CEO on the Frontlines (Harvard Business Review Blog)
Nine Ways Leaders Insult Their Employees (Forbes)
Three Leadership Traits That Transcend Skills and Experience (Entrepreneur)
After the Board Meeting: From Table to Execution (By Robert C. Harris)
The Value of Teaching Future Leaders to Lead (Associations Now)

Don't be left behind. Click here to see what else you missed.

Colby Horton, Vice President of Publishing, 469/420-2601
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Tammy Gibson, Content Editor, 469/420-2677 
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Amy Eskew, Manager, Member Outreach and Development,
Texas Healthcare Trustees, 512/465-1041
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Texas Healthcare Trustees is a statewide association whose members are Texas hospitals, health systems and health-related organizations. THT is a 501(c)(3) organization providing education and resources to help ensure our members are equipped with the tools and knowledge needed to navigate the health care industry and lead their hospital to success. Membership includes more than 450 governing boards and represents nearly 4,000 trustees. THT is the oldest trustee organization in the country, founded in 1961. THT is affiliated with the Texas Hospital Association and regularly partners with the Texas Organization of Rural & Community Hospitals.

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