Board directors play an essential role in the development of your company. They are able to provide feedback, offer assistance or make decisions that define the direction of your business. Therefore, it’s important to organize and conduct engaging board meetings. What can you do to achieve this?
Begin by highlighting the Most Important Items
The bulk of your board’s meetings should be focused on discussing how you can implement the strategies of your company. This is the perfect opportunity to set out specific KPI goals, which can be measured and tracked. Examples include net promoter scores and sales per region. This will help ensure that your board is on the same page with the other employees and will work together to achieve shared objectives.
Don’t get distracted
When they are distracted by new topics for discussion during the board meeting, board members may quickly lose sight of the most important agenda items. Instead, let the chair open with a 10 minute review of the most important information that is sought at the meeting. Reiterating highlights from the pre-meeting call and the board package.
Also, if a new issue arises that isn’t the top priority, you might consider americanboardroom.com pushing it to the end of the agenda and scheduling it after any breaks. This will stop the topic being glossed over and will create the impression that the board is open to new ideas.