The secret to a perfect board governance is not just creating winning structures and processes but also displaying appropriate behavior that build trust, encouraging an ethical environment and engaging with shareholders. When boards do all of this effectively, they are able to contribute real value to health organizations by keeping their operations on track and pushing them forward for the benefit of the general public.

Effective boards have a clear, solid structure that clearly defines their responsibilities and functions. This includes defining the responsibilities of the chairman and chief executive officer, as well as directors individually and committees. Structures which are clearly defined allow directors to focus more on their areas of expertise, and to work together as members of a team.

The board must develop an outline prevent and mitigate board conflicts of the policies that will govern the company. This involves identifying key issues and setting strategic goals and developing strategies for managing risk. It also needs to ensure that it has the necessary capabilities and understanding to fulfill its duties, such as by ensuring there is a mixture of relevant skills on the board, and making sure that they have the right knowledge in a particular area.

A strong, dependable board is one with a high degree of knowledge, skills and experience that allow it to manage major risks and contribute to the overall success of the business. It is able to manage the various demands and expectations of stakeholders such as employees, customers, or investors. This will require a clear strategic plan and a clear understanding of the company’s objectives and values.