Board meetings are crucial to the achievement of company goals, as well as preventing conflicts and ensuring compliance. However, they can only be productive when everyone is committed to maintaining a constructive dialogue. Implementing these best practices will transform your Board meetings into powerful engines that push your business towards its long-term goals and vision.
Setting clear expectations and meeting guidelines is the first step to organizing a well-run board meeting. It is essential to establish the person responsible for each item on the meeting agenda and ensure that all attendees know what to expect.
Setting and adhering to timeframes for each agenda item helps to keep the focus on the agenda throughout the meeting. It also lets https://thedriverprinter.com/european-crisis-drives-massive-surge-in-usage-of-collaboration-software/ attendees know that their time is appreciated. Limit the number of agenda items in order to ensure that your board members can debate each item in a productive manner. The items that aren’t controversial can be voted upon via a the consent agenda, which will free up more time for discussion of strategic issues (BoardEffect). Utilize visual tools such as countdown timers, and adhere to the time frames you have set especially when dealing with sensitive issues.
Getting sidetracked by discussions that are new can distract from the goals of the meeting and result in unnecessarily lengthy discussions. To prevent this from happening, add the word «parking lot» on the agenda for topics that require further investigation or consideration however are not at the top of the list. Check the parking area regularly to determine what needs to be added to the agenda, investigated further or delegated.
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