If board meetings are handled properly, they can be elements to move your organization towards its goals. The process of running a board meeting comes with its own set of challenges. It’s important to plan ahead and set realistic time limits for each agenda item.
Call your board meetings to call. This is a great method to ensure that everyone is present, and that the meeting is quorum (which could vary depending on the size of your board).
Facilitate the conversation so that all directors receive equal airtime. This is especially important when discussing complicated or controversial issues. A few or a handful of people dominating the discussion can limit the diversity of voices and may result in rushed decisions that lack board buy-in.
Make sure you have a clear decision-making process before the meeting, including how board https://vdrsystems.com/due-diligence-checklist-for-cross-border-deals/ will evaluate the pros and cons of each idea. This will keep the discussion on track and productive. If you’re unable to reach a consensus, use an option for voting, like a majority vote.
It’s an excellent idea to determine the actions to take. This is a specific obligation that arises from the discussions and decisions made during the meeting. For example, sourcing information for an initiative or deciding on the next steps to implement a strategy. The fact that you finish on time shows respect for your director’s valuable time and shows that you have the ability to achieve the results the meeting was scheduled for.
