How to Run Efficient and Effective Board Meetings
A board must work as a team to achieve its goal, which is to assess the performance of the company and advise the CEO as well as connect the company with the wider community. Having fun with your board can help in fostering this teamwork and build bonds that are stronger, but it’s essential to keep these meetings focused and productive. This article will cover how to run an efficient and effective board meeting. This will ensure that your board is making the most of their time and money.
Reduce the number of reports and discussions
Longer reports can cause delays in the board meeting and distract from more strategic discussions. Encourage committee chairs and officers to share only the most important information and limit their reports to about 25% of the meeting. This will allow for the majority of the meeting to be used for key decisions and strategic planning.
Clearly Communicate How Decisions Will Be Made
Making clear your decision-making process to board meetings is a great way to ensure everyone is aware of how they can contribute. Be sure to inform your board members know prior to the meeting how they can take part, whether you decide to make decisions through consensus, voting or some other method.
Examine Your Meetings at a Minimum every year
After every meeting ask your board members to write a “+” and an “-” on a sticky note and leave them next to the door, so that you can review their comments after the meeting. This will provide you with an idea of what is working in your board meetings and where you can improve.