The following excerpt is taken from Randy Bremhorst and Dennis Russell's article, "Top 10 Ways to Align Your Board as You Consider Repositioning Options", that originally appeared on the McKnight's Senior Living website in April 2016. Excerpt posted with permission.
Many, if not most, senior living organizations and facilities are facing new challenges as they reposition to serve generational and demographics changes, new preferences, emerging medical procedures, healthcare reform and more. Adding to that complexity is the fact that many facilities that were once state of the art are now desperately in need of examination to determine their best application. The board plays a critical role in making the needed shifts for a senior living organization — or at least it should. Based on our experience, we have identified 10 ways to align your board as you consider your options for repositioning.
Read the entire article "Top 10 Ways to Align Your Board as You Consider Repositioning Options" here.