How to Get the Most Out of a Board Meeting

Select rubric

A board meeting is an important element of the decision-making process for businesses. The purpose is to ensure that the organization’s governance procedures are implemented in a transparent and efficient way. This means implementing best practices in the area of productivity and strategic decision making.

One of the first tasks to complete at a board meeting is to establish the structure of the board itself including committees and governance policies. This creates an ideal base for the future and allows board members to make the best decisions from the start.

Another important aspect of the board meeting is to look over key performance indicators like sales, marketing traffic and market share to determine if goals are being met or missed. Board members can also discuss ways to overcome obstacles.

If the board is distracted by new topics of discussion the board meeting can be slowed down and crucial agenda items can be neglected. This can be averted by adding an “parking lot” on the final page of the agenda, where any unrelated subjects can be left to be discussed at a later time.

To prevent boring board meetings, some organizations begin the meeting off with a story of success. This can be an excellent method to refocus the meeting’s participants and energize participation levels. Other https://discoverlocalshops.org/how-to-run-a-board-meeting/ methods include opening the meeting with a short poll or by recognizing the achievements of a colleague prior to starting the main discussion. The best video conference software will keep meetings on the right track. With the right software, a moderator can mute and unmute remote cameras as well as microphones, cut participants off of the call and assign speakers, etc.

Interesting articles

1
2
3
…
18,794