A successful board meeting can be described as a combination of planning, preparation and execution. Board meetings can take a lot of time, but they are vital for the development of a company. With this in mind, it’s important that companies make the most of their board meetings by https://digitalboardarea.net executing on best practices to facilitate decision making.
Start and end at the same time
It’s no secret that many meetings of the board start late and last longer than they ought to. Meetings should start and end on schedule to avoid fatigue.
Set the agenda for the meeting.
It is common to get distracted in board meetings with new discussion topics that can eat up valuable meeting time. To avoid this, prioritize two important issues that must be discussed and limit every discussion to 30 minutes. This will keep the meeting focused and productive on the important issues.
Provide Directors With the Board Pack in advance
If the board agenda is provided and the materials needed for the meeting in advance members can plan their agendas and arrive on time for the meeting.
Review Your Meetings
Every year, at least a few times, give each member of the board with sticky notes at the end of the meeting and ask them to write a “+” to indicate what’s working well and a “-” to indicate what could be improved. This provides the leadership with honest feedback, which will result in better board meetings in the future.
