A board meeting is a key element in the decision-making procedure for a business. The goal is to ensure that the management of an organization is done in an efficient and transparent way. This includes implementing best practices in terms of productivity and strategic decision making.
In a meeting of the board, one of the first things you should do is create the structure of your board. This includes committees and governance policies. This provides an ideal base for the future and allows board members to take the best decisions right from the beginning.
Another important aspect of the board meeting is to look over the performance metrics such as sales, marketing traffic and market share to determine whether goals are being met or missed. Board members can also discuss ways to overcome obstacles.
When topics are constantly being added to the discussion the board meeting can be slowed down, and important agenda items can be neglected. This can be averted by putting a „parking lot“ at the final page of the agenda, where any unrelated topics can be set aside for later.
A few organizations begin their board meetings with a successful story to avoid boring meetings. This is an excellent method to refocus the attendees and boost the participation of those present. Other tactics include opening the meeting by conducting a quick poll or by acknowledging a colleague’s achievements before starting the main discussion. The appropriate video conference software discoverlocalshops.org can keep meetings on schedule. With the right platform, a moderator can mute remote cameras and microphones, remove participants from the call and assign speakers, etc.