Effective Board Meetings bring companies closer to their goals by bringing expertise to the table in collaboration, encouraging collaboration and aiding the process of making decisions. To run effective meetings, Board members must prioritise time management and have an outlook that is focused on the future. Board members must also be aware of how the length of meetings and design affect their effectiveness.
Meetings that run too long, unorganized or confusing can eat up valuable time. This is often due to a lack in preparation or lack of support from the executive team. Board members may not understand their role in the process, and they may be excluded from discussions that are not pertinent to the agenda. A board https://buildingbettertrustboards.org/govenda-boardroom-review/ meeting that finishes in a hurry could be interpreted as a rubber stamping board that does not challenge any decision taken.
Board meetings should be organized with a clear agenda that is distributed well prior to the meeting. The agenda should detail the main issues to be discussed by every board member and the purpose of the meeting. The board chair should act as facilitator of the meeting, guiding the discussion to ensure all pertinent issues are discussed within the timeframe allotted.
A productive Board meeting usually results in a list of things to do and actions to be completed prior to the next one. Preparing for the meeting can include reviewing the materials, researching topics, and creating thoughtful questions or suggestions. The board should also create the culture of accountability in its members by making sure they follow up on all actions and decisions made at previous meetings.