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How to Maximize the Value of a Board Meeting

A board meeting is the chance to discuss significant business issues with a number of experts. They provide diverse perspectives, which is essential when deciding on strategies that are large-scale and defining the ways in how teams will implement the goals.

However, the success of a board session is contingent on how effectively leadership guides discussions and stays on the right track. Whatever how stimulating or thorough the agenda, when discussions drift off topic and go on for too long, meetings are not effective. In addition, if essential documents aren’t handed out to the attendees prior to the meeting, it can be difficult for them to prepare and participate.

To maximize the value of board meetings, begin with a 10-minute recap at the beginning of each meeting that highlights key points from previous pre-meeting calls and the board’s package. This will help clear the board members of their minds and keep them focused.

The constant stream of new topics for discussion can eat up the time of meetings, and also distract board members from the most urgent agenda items. To combat this, include an “parking lot” item on the agenda to discuss random topics that are worthy of further review but are not the top priority.

Once the agenda is settled it’s crucial to hear reports from the executive director, as well as any standing or committee reports. It’s also a good idea to have someone read financial reports however only if they require more discussion. After discussion is over, the chair should open up the floor for a vote on each item. If a motion is proposed, it should https://listoffreetrial.com/small-business-data-backup-and-data-room-services be “seconded” by a different member prior to being called to vote.

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