The wide range of roles nurses serve in to contribute to board effectiveness reflects the complexity of nursing and health care. Four key factors that contribute to a well governed board include:
Did you know that according to the theory of bounded rationality, humans are influenced by various factors in decision making, and may not take a purely rational stance? It is estimated that only 2% of managers and executives consistently utilize best practices when making decisions and research has shown that firms with academic board members are consistently associated with higher financial reported results.
According to Julie Zerwic, PhD, RN, FAHA, FAAN, Kelting Dean and Professor at The University of Iowa College of Nursing, “Individuals who work in academic settings are skilled in weighing evidence, problem-solving complex situations, educating individuals across a spectrum of health care settings, and managing teams to reach solutions. Nursing faculty are proving to be extremely effective serving on boards, whether they are community boards, corporations, or non-profit foundations.”
M. Lindell Joseph, PhD, RN, AONE Board of Directors and The University of Iowa College of Nursing
Laurie Benson, BSN, Executive Director, Nurses on Board Coalition
Wolters Kluwer is proud to support the Nurses on Boards Coalition (NOBC) as a Founding Strategic Partner. For additional information on how to get involved with NOBC, please visit http://nursesonboardscoalition.org.