How to Successfully Conduct a Board Room Meeting
A board meeting is an official gathering that brings together the top executives of an organisation to discuss governance control, oversight and decision-making. These meetings are often scheduled frequently, such as quarterly or monthly, but can also be held on a whim to address urgent matters.
A well-organized agenda will guide the flow of board meetings, ensuring that all critical issues are discussed within the time frame allocated. It is also essential to keep meeting minutes concise and clear, so that any board member is able to go back and review them later or pass on to other stakeholders.
The most productive meetings end with an agenda of follow-up tasks and actions that the board can pursue between meetings. Boardable’s Minutes Maker features allow you to quickly draft minutes of board meetings and publish them to distribute them, while the Task Manager allows you to assign specific tasks to the board members. Distribute minutes as soon as possible, ideally one week after the next meeting. This will ensure that all attendees know their duties and responsibilities.
It is essential to create an environment of respect and collaboration. Encourage diverse viewpoints and make use of the tools of communication offered by the board portal to promote active listening and avoid miscommunications.
It’s also helpful boardroomprogram.com/ to hold informal meetings outside of the boardroom, to create friendship and a more natural flow of conversation during formal meetings. This is especially beneficial if your company has a global presence. You can bring the board into operational locations to observe how things get executed in the field. This will help the board to become more engaged in the company and will boost the company’s bottom line.