OUTSIDERS ON THE BOARD

In the recent times much attention is given to recruit board members from outside the board. The issue of how the power should be shared between the board members – inside or outside– is often debatable but both have merits.  The argument is that the outsiders can be more objective as they have less self-interest.

Similarly in the health care industry, members from the community, independent physicians, and family partners are often encouraged to serve on different boards. It definitely adds value as they can add their perspective without focusing on the internal issues of the system. But at times, too much control can cause shift from the operational focus. Having the right balance where they can complement each other is the key success.

Disclaimer: Opinions expressed are solely personal and do not express the views or opinions of any other person or entity.