Board directors play a crucial role in the growth of your company. They are able to provide feedback, offer support or make decisions that affect the direction of your business. Therefore, it’s crucial to have engaging and productive board meetings. How can you do this?
Begin with the Most Important Items
The majority of your board’s meeting should be devoted to discussing how to www.americanboardroom.com/what-is-board-management-software/ execute your company’s plans. This is the perfect time to present specific KPI goals that can be measured and tracked, such as net promoter scores, sales by region, and retention and the churn rate. This will help ensure that your board is in tune with the rest of the organization and works together towards the same goals.
Don’t Get Lost
Sidetracked by new topics of discussion at the board meeting, board members could easily forget the most important agenda items. The chair should instead open the meeting with a brief summary of the most important information that will be sought during the meeting. This should include reiterating the important points from the meeting’s pre-meeting call and the board package.
Also, if a new topic arises that’s not an immediate priority, think about pushing it to the end of the agenda and arranging it in the middle of breaks. This will stop it from being glossed over and will give a sense that the board is open to new ideas and perspectives.