Board directors play a crucial role in the growth of your company. They are able to provide feedback, offer support or make decisions that define the direction of your company. Therefore, it’s crucial to hold engaging and productive board meetings. What can you do to achieve this?
Begin by highlighting the Most Important Items
The board meeting should be focused on the way to implement www.americanboardroom.com/how-to-run-a-board-meeting/ your company’s strategy. This is the ideal time to present concrete KPI goals, which can be tracked and measured. Examples include net promoter scores, sales and region. This will help ensure that your board members are on the same page with the business’s other departments and can work together to reach common goals.
Don’t Get Sidetracked
Getting sidetracked by new discussion topics at a board meeting can easily take up meeting time and distract board members from the most important agenda items. Instead, let the chair open the meeting with a 10-minute recap of the main information that is sought at the meeting, while reiterating highlights from pre-meeting calls and the board’s agenda.
If a new topic is discussed that isn’t a priority, you can shift it to the final item on the agenda, or make it a priority to discuss it during an interruption. This will help to avoid the topic being glossed over and gives the impression that the board is open to new ideas.