A board of director is the executive leadership team and governing body for an company. Its role is to deliberate and deciding on a variety of issues that impact the long-term strategy and policy and direction of the business. While running a successful Board meeting can appear to be a daunting endeavor but it’s possible by following the right tips and tricks.
The opening of a meeting with an accomplishment can instantly invigorate the boardroom. The ability to highlight how your company has made a difference in the world can instantly energize an entire boardroom. A quorum is vital to conducting business, so make sure to call for a the roll call at the beginning of every meeting and only proceed when all members are accounted for.
Begin the meeting with a recap of the agenda and important points of focus – this can help your team become more on the same page and stay on the same track. The CEO should also be sure to define the goals for the meeting and what information will be presented (no need to get into the details at this point).
Make your meetings as efficient as is possible by using a software that lets everyone record notes and assign, visualize and prioritize the agenda for board meetings all in one spot. This will cut down on time and allow all attendees to leave the meeting with a clear idea of the decisions they need to take. Try Fellow, a simple yet powerful board management program that will assist you in running your next board meeting better.