The successful running of a board meeting requires a combination of planning preparation, preparation, and execution. Board meetings usually take an enormous amount of time however they can http://www.digitalboardarea.net/8-tips-for-running-a-successful-board-meeting/ be a vital element of the company’s performance. With this in mind, it’s important that companies maximize board interactions by executing on best practices that enable effective decision making.
Start and End Time at the Same Time
It is no secret that many meetings of the board start late and last longer than they should. Meetings must start and end on schedule to avoid fatigue.
Prioritize the Meeting
In board meetings, it can be easy to get sidetracked by new topics that eat up valuable time. To minimize this, prioritise two key issues that need to be discussed and limit every discussion to 30 minutes. This will help keep the discussion focussed and productive.
Distribute the Board Pack to Directors in advance
The ability to provide board members with the board agenda and meeting materials ahead of time allows them to prepare for the meeting in advance and increases the chance to be punctual before the meeting begins.
Review Your Meetings
Each board member should be given a sticky note at the end of each meeting. Ask them to write “+” for things that are working well and “-” in the event that improvements are needed. This provides leadership with candid feedback, which will result in better board meetings moving forward.