"In times of stress, be bold and valiant,” Horace wrote more than 2,000 years ago. Stressful times create great challenges and great challenges create opportunities for change. True leaders draw inspiration from difficult circumstances and prove their mettle with action and courage.
One component that often separates the best hospitals and healthcare companies from their competitors is an engaged, innovative and inspirational governing board. Because their guidance and counsel are so important to an organization's leadership, we consider Modern Healthcare's annual Trustee of the Year Awards one of our most significant recognition programs.
For 45 years, RoseMarie Reno has sought to ensure that Tri-City Medical Center in Oceanside, Calif., is a thriving, independent, publicly owned hospital.
Daniel W. Farrell Jr.—board chairman at Defiance Regional (Ohio) Hospital—prefers to give of his time, talent and resources quietly and without fuss.When asked to list his accomplishments as a trustee, Farrell, 68, quips, “Just learning all the terms.” He then adds, “I attribute the successes to the people who work there.”But in 2011, when the hospital's management proposed a project close to his heart, Farrell took a very visible role.
When it comes to making business decisions, Stephen Howard believes in an open mind and meticulous due diligence. It's an approach that has proved invaluable during his years of healthcare governance.“He explores different options and selects what is best, as opposed to having a preconceived idea of how something should work,” says Hugh Carney III, a Detroit-based investment consultant who has been a close friend of Howard's since college.
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