By Mario Mckenzie, Partner, and Raquel Castro, Principal, CliftonLarsonAllen Even the best positioned senior living and care providers can face financial challenges that — in hindsight — could have been spotted early and possibly prevented. We’ve outlined some ideas to help your board and management teams focus on the financial wellness of your organization and Read More…
By Mary Muñoz, Senior Managing Director, Ziegler The last dozen years have included some stressful times for senior living providers. The Great Recession of 2008 took a toll on occupancy, devastated the real estate market for independent living providers, and led to a number of distressed situations throughout the sector. The pandemic came along just as Read More…
By Meghan Rose, General Counsel & Chief Government Affairs Officer; and the LeadingAge California Public Policy Team To survive in our evolving world, aging services providers must have the capacity to adapt to change while still providing high-quality care. LeadingAge California has and will continue to champion legislation and regulatory actions that build our member’s Read More…
By Bill Musick, President, Integriti3D Organizational culture is an increasingly important focus for multiple reasons: financial impact, employee morale, reputation – to name a few. And it’s increasingly important to a widening range of stakeholders. Yet many companies lack intentional plans to address the elements that contribute to culture. In a recent survey by Navex Read More…
By Bill Bojan, Founder of Integrated Governance Solutions, LLC Resilience as an organization has always been important and necessary to survive and thrive. It is even more important in an environment of uncertainty and even chaos, such as we have been engulfed in over the last two to three years. But in such times your Read More…
An interview with Patrick Blair, President and CEO, InnovAge Patrick Blair is close to completing his first year as President and CEO of InnovAge. He sat down with us to chat about his experience and hear his perspective on what it takes to succeed in today’s uncertain climate. Can you talk about what drew you to the Read More…
By Anne Jin Soo Preston, MPS, Founder and Principal, Sahng Sahng, LLC Boards of directors have not been spared in debates for systems that need change since the murder of George Floyd and COVID-19. Recently I’ve encountered this topic with aging organizations transitioning from long-time leaders, and the reality of that change necessitates the conversation. Read More…
Monika Kalra Varma is BoardSource’s new President and CEO. We sat down to chat about her vision for BoardSource, common problems of today’s nonprofit boards, and hear her perspective on how to overcome a “scarcity mindset.” Can you touch on some of the goals that you’re excited to work on as you embark on this new role? My initial Read More…
By Stephanie Titus, Chief Strategy Officer & Vice President of Philanthropy, Retirement Housing Foundation In Keller & Price’s book, Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage, organizational health is defined as the “alignment of vision, strategy, and culture, paired with the capacity to deliver superior long-term financial and operational performance.” Creating an environment Read More…
By Katie Smith Sloan, President & CEO, LeadingAge Over the years, I’ve served as a board member — and sometimes as a board chair — for a variety of nonprofit organizations. I’ve loved my board service. It represents one of the best ways I’ve found to make a difference in the areas about which I Read More…