A well-run board meeting is one of the most effective ways to get buy in on difficult problems and decisions. The key to a successful meetings is to ensure that everyone is on the same page and were given the chance to review materials beforehand. This allows for more discussion and allows boards to make informed decisions that are in the best interest.
Board members are likely to have a full schedule of commitments. Therefore, it is important to schedule board meetings in advance and ensure that all directors accept the invitation. It is also a great idea to develop an agenda for board meetings to ensure that all directors can easily access documents prior to the meeting.
The most important thing to do during the day of a board meeting is be able to manage time efficiently. This means ensuring that the agenda items are relevant and actionable. It is also important to ensure that there is enough information on each item. It’s a good idea to assign each item an amount of time so that the board can move through the agenda without becoming bogged down in discussions that do not serve a purpose.
It’s also a good idea to create an online poll on your board portal to ask for feedback at the end of each meeting, which will help to keep the levels of stress low and stop issues from boiling over. This can also help improve the structure of future meetings and ensure that board members are better prepared for tough decisions.
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