Note on the Governance of Nonprofit Organizations: Lessons from Mayo Clinic

WDI Publishing (2018), Conceptual Note 1-291-312

14 Pages Posted: 2 Jul 2019

See all articles by Paul Clyde

Paul Clyde

University of Michigan, Stephen M. Ross School of Business; William Davidson Institute at the University of Michigan

Aneel G. Karnani

University of Michigan, Stephen M. Ross School of Business

Date Written: December 18, 2018

Abstract

In this note, we first discuss the governance problems in nonprofit organizations (NPOs) from both a theoretical and practical perspective. We then describe the governance structure at Mayo Clinic based on a review of documents, written descriptions by those involved from the beginning and interviews with members of the leadership in recent years. Based on this, we explore the principles that determined the clinic’s governance and the lessons that can guide other NPOs. The clinic’s history reveals unusually careful thinking about the governance principles at its inception, and continued devotion to these principles even while adapting, as needed, over the years.

Keywords: non-profit organizations, corporate governance

Suggested Citation

Clyde, Paul and Karnani, Aneel G., Note on the Governance of Nonprofit Organizations: Lessons from Mayo Clinic (December 18, 2018). WDI Publishing (2018), Conceptual Note 1-291-312. Available at SSRN: https://ssrn.com/abstract=3411600 or http://dx.doi.org/10.2139/ssrn.3411600

Paul Clyde (Contact Author)

University of Michigan, Stephen M. Ross School of Business ( email )

701 Tappan
Ann Arbor, MI 48109-1234
United States
734-764-8008 (Phone)

HOME PAGE: http://webuser.bus.umich.edu/departments/busecon/f

William Davidson Institute at the University of Michigan ( email )

701 Tappan
Ann Arbor, MI 48109-1234
United States
734-764-8008 (Phone)

HOME PAGE: http://webuser.bus.umich.edu/departments/busecon/f

Aneel G. Karnani

University of Michigan, Stephen M. Ross School of Business ( email )

701 Tappan Street
Ann Arbor, MI MI 48109
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
16
Abstract Views
138
PlumX Metrics