How to Run the Perfect Board Meeting
The more engaged and involved board members are with the outcome of a meeting, the better. To facilitate this the chairman of the board should be able to manage meetings effectively. This requires the right set of tools and best methods to be used in a way that will allow for lively and productive discussions.
Begin with the State of the Union
Start the meeting by having the founder or another senior executive give a comprehensive overview of how things are going. This is a great opportunity to highlight important milestones and accomplishments as well as areas where your company might not meet its goals.
Clarify Objectives
The agenda items should be distributed to the attendees prior to the meeting so that they can prepare in advance. Include the discussion topic as well as the objectives for each item to ensure everyone knows what the conversation is about. Keep these goals in mind throughout the meeting to keep discussions focused.
Encourage camaraderie
During breaks between meetings, you should organize informal social events that can bring more natural conversations and member interaction. Annual board retreats or regular get-togethers that are not part of formal http://boardmanagers.net/decision-making-tools-to-help-increase-productivity-and-free-up-time meetings, can provide an effective foundation for efficient and effective collaboration. This leads to more productive and energetic board meetings that deliver tangible results for the company.