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Effective Board Meetings – How to Run Effective, Efficient Meetings
How to run efficient, efficient meetings?
Your business relies on the board for relaying crucial information to internal team members and ensuring everyone is focused on achieving overall goals. If your board meetings aren’t effective or unproductive, this could result in a decline in efficiency and a gap between management and the team.
To ensure that meetings are effective it is essential to know the roles of each member and the various discussion styles that exist within your board. For instance, some board members might be more vocal and inclined to talk first, while others may think before speaking. The board chair or executive director CEO should spend time outside of the boardroom to know each individual member’s preferences, their interests, and preferences in order to increase engagement.
During the first session of your board meeting, ensure that there is a sufficient quorum (a minimum number needed to legally conduct any business). The chair should then summarise the highlights of the board’s agenda and the pre-meeting call, and set the expectations for the rest of the meeting.
The majority of the board’s meeting should be devoted to discussing strategies for promoting progress and ways to overcome any obstacles. This is when the board is able to bring in new perspectives to stimulate forward with innovative thinking and encourage growth. It’s an excellent idea to include a section on the agenda that is dedicated to compliance and legal issues. This will ensure that they adhere to all laws regulations, ethics and standards.
