A successful board meeting depends on the right strategy and a responsible follow-up. The more board members feel valued for their time and knowledge and the more they be willing to participate in the discussion.
Set your meetings to a schedule as this will help keep everyone focused throughout the meeting.
Consider implementing a consent agenda, which can cut down on wasted meeting time by incorporating reports and documents that all members were tasked with reviewing prior to the meeting. You won’t have to waste your time in meetings explaining these items.
Encourage board members to participate by presenting different perspectives regardless of whether their points of view conflict. Boards are more effective when there is a variety of opinions on any topic; this is what produces innovative solutions that are beneficial to the company.
Every board meeting should be based on clear goals and a priority for efficient planning. This ensures that the board is able to execute a solid plan to accomplish its goals and manage any potential risks.
It is a good idea to schedule a brief meeting with directors before your board meetings in order to discuss the major issues that will be discussed during the meeting. This will help http://www.digitalboardarea.net/8-tips-for-running-a-successful-board-meeting/ to build rapport with the directors, familiarize them with the board members and provide them with an understanding of the foundation on how to make decisions. Also, think about using tools that let you get feedback from your board members after each meeting. This can be done with open-ended questions or using a simple polling software. The more information you gather regarding the meeting, the better you will be able to plan for the next meeting.
