A board of directors is the executive leadership team and governing body for an company. Its role is to deliberate and take action on various issues that impact the company’s long-term policies, strategies, and direction. It might seem difficult to organize a successful meeting however, with the right tips and methods, it’s possible.
Engage the boardroom with a success story – telling how your business has had an impact on the market can instantly inspire the boardroom. The presence of a quorum is crucial to conducting business, so make certain to conduct a an official roll call at the start of each meeting. You should only start when all members are present.
Start the meeting with an overview of the agenda and important areas of focus. This will help your team to be on the same page and stay focused. The CEO should also briefly explain what the meeting’s goals are and what information is being shared (no need for specifics at this stage).
Use a tool to help make your meetings more efficient. It lets everyone take notes, assign tasks, visualize them, and prioritize them all in one location. This will cut down on time and give everyone a clear idea of the decisions they must make. Try Fellow, a basic yet powerful board management software that will help you run your next board meeting more efficiently.