A board meeting is a key element of the decision-making process for a business. The purpose is to ensure that an organisation’s governance process is conducted in a transparent and efficient manner. This means implementing best practices for efficiency and strategic decision-making.
One of the first things to be done during a board meeting is to set up the structure of the board as well as the committees and governance policies. This helps to establish a solid foundation for the future and allows board members to take the best decisions from the start.
Reviewing the performance metrics like sales, marketing traffic, and market share is another important aspect to be discussed at the board meeting to determine if or not goals have been met. Board members can also brainstorm ways to overcome obstacles.
Distractions from discussions on new topics can take up the time of the meeting and distract from important agenda items. This can be avoided by creating a “parking area” at the end of the agenda, in which random topics can be set aside for later.
Some organizations begin their board meetings with a positive story to avoid boring meetings. This is a great way to refocus the meeting’s participants and energize the participation of those present. You can also begin the https://discoverlocalshops.org/board-meeting-etiquette-tips/ meeting by asking a quick question or recognizing the achievements of a colleague prior to the main discussion. Finally, using the best video conference management software can keep the meetings on track, and energized. Moderators who are using the appropriate platform can muffle or unmute remote microphones and cameras and also remove people from the conference, and assign speakers.