A successful board meeting is a mix of planning, preparation and execution. Board meetings often require an enormous amount of time however they can be an essential element of the company’s success. With this in mind, it’s vital to ensure that boards are able to maximize their interactions by executing on best practices that facilitate effective decision making.
Start and End On Time
It is no secret that many board meetings start late and last longer than they should. Meetings must start and end on time to avoid fatigue.
Set the agenda for the meeting.
It is common to get distracted in board meetings with new discussion topics that could http://digitalboardarea.net take up precious meeting time. To reduce this, prioritise two key issues that need to be discussed and limit every discussion to 30 minutes. This will keep the discussion focused and productive.
Distribute Board Packs to Directors in advance
By preparing the agenda and the materials needed for the meeting in advance, members can prepare themselves and arrive on time for the meeting.
Evaluate Your Meetings
Every year, at least a few times, give each board member a set of sticky notes at the end of each meeting and ask them to write the following: a “+” to indicate what’s working well and a “-” for what needs improvement. This will provide the leadership with honest feedback and help to create a better board meetings in the future.