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EDUCATIONAL AND ADVERTORIAL SUPPLEMENT …

Kenneth KaufmanManaging PartnerKaufman, Hall & AssociatesLisa GoldsteinSenior Vice President/Team LeaderNot-for-Profit Healthcare RatingsMoody s Investors ServiceINTRODUCTIOND uring the past decades, a significant body of literature hasbeen published on the subject of leadership and organizationalperformance. Most authors infer a positive correlation betweenexcellence in leadership and organizational results. Asexpressed by best-seller authors,1transforming leaders movetheir organizations from good to great and sustain such performance in continuous search for excellence.

Although the board-executive partnership involves a high level of interaction, “a clear distinction between board responsibilities and management responsibilities is vital for success,” comments

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