The success of a board meeting requires a strategic approach and a responsible follow-up. The more board members feel valued for their time and expertise, the more they will be willing to participate in the discussion.
Start your meeting on time to keep everyone on track.
Create an agenda that is a consent item. This will help reduce the amount of time spent in meetings by incorporating documents and reports that all participants must review prior to the meeting. You won’t waste valuable meeting time explaining these items.
Encourage board members to be involved in offering a variety of perspectives, even if their views diverge. Boards thrive when there’s a wide range of opinions on any topic and this is the reason why they can come up with innovative solutions that can be beneficial to the business.
It’s crucial to set clear goals and prioritize planning for every board meeting. This will ensure that the board has a sound plan to accomplish its goals and minimize any risks.
You might want to schedule a quick meeting with directors before your board meetings in order to discuss the major issues of the meeting. This will help build trust and familiarity with directors and provide them with a solid foundations from which to base their decisions. Also, think about using tools that allow you to get feedback from your board members following each meeting. This can be done through open-ended questions or simple polling software. The more you learn information from your attendees on the way they felt about their board meeting the more valuable information you’ll have for next time.