Connection, creativity, and change were just some of the components of the ONS Board of Directors’ third-quarter face-to-face meeting held October 31–November 3, 2019. In addition to their regular agenda, the ONS Board conducted enterprise-wide joint and individual meetings with the Oncology Nursing Certification Corporation (ONCC) and Oncology Nursing Foundation boards.
Budgets and Financials
The treasurer’s report through September 2019 showed a slight increase in revenue over targets and a savings on operating expenses, indicating that ONS remains a financially healthy organization. Additionally, ONS is in a position to pay off its building mortgage early. After discussing the significant cost savings for the ONS enterprise, the Board approved paying the remaining mortgage by December 31, 2019.
Budgets for 2020 capital expenses, ONS Board work, and ONS operations (with the understanding of adjusting it for the mortgage payoff) were presented and approved.
The Board met with members of the Corporate Council to discuss ONS’s current and future priorities, including the ONS Center for Innovation, the 2020–2023 Strategic Plan, the future of nursing and nursing roles, and ONS’s advocacy and health policy work.
Change Leadership Education
As part of their joint session, ONCC, Foundation, and ONS Board members participated in an educational presentation on the topics of change and adaptive leadership. They discussed how transition and change work collaboratively, a three-step process for change (i.e., ending, creating, and new beginning), and how adaptive leaders and organizations can thrive through change.
For more information about other decisions the ONS Board made during the meeting, visit ons.org/board-minutes.