A board must work together to accomplish its mission, which is to assess the performance of the company and provide advice to the CEO, as well as connect the company to the community at large. Engaging with your board can help foster this teamwork and create more of a bond, but it’s important to keep these meetings on track and productive. In this article, we’ll look at the most effective ways to conduct an efficient and efficient board meeting that will ensure your board is making the most of its time and resources.
Reduce the number of discussions and reports
Long reports can drag the board meeting down and divert attention from more strategic discussions. Encourage chairpersons and officers to limit their reports to a maximum of 25 percent of the meeting time. This will allow the majority of the meeting time to be devoted on strategic planning as well as key decisions.
Communication of Decisions
It is important to communicate your decision-making processes clearly during board meetings so that everyone understands what they can do. If you decide to make decisions through consensus, vote or another method, make sure to inform your board prior to each meeting so they are aware of the ways to take part.
At Least Once A Year Examine Your Meetings
Ask your board members to leave their names, either “+” or “-” on a sticky note, next to the meeting door. This will allow you to look at their comments after the meeting. This will help you identify what works well and where improvements could be made to your board meetings.