Best Practices for Running a Successful Board Meeting

http://www.digitalboardarea.net/types-and-purposes-of-board-resolutions/

The successful running of a board meeting requires planning preparation, preparation, and execution. Meetings for board members typically require a significant amount of time but they can also be a critical element of the company’s performance. In order to maximize board participation companies must adopt the best practices to facilitate effective decision-making.

Start and end at the same time

It’s no secret that a lot of board meetings are held late and last longer than they should. It is crucial that meetings begin at the right time and end at the right time to reduce the amount of fatigue during meetings.

Establish Priorities for the Meeting

In board meetings, it can be easy to get sidetracked by new topics of discussion that can eat up valuable time. To cut down on this, prioritise two key issues that need to be discussed and limit each discussion to 30 minutes. This will keep the meeting focused and productive.

Give Directors the Board Pack in Advance

Informing board members of their agendas for meetings and board materials in advance will allow them to plan for the meeting ahead of time and increases the chances to be punctual when the meeting begins.

Review Your Meetings

A few times a year Give each board member a sticky note at the end of each meeting and ask them to write a “+” to indicate what’s working well and an “-” for what needs improvement. This will provide the leadership with honest feedback and help to create a more effective board meetings going forward.

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