Board meetings are one of the most valuable things your board can do for your organization. They can help you make better decisions, boost your productivity and time management abilities, boost your teamwork, and help bring your business closer to achieving its objectives.
But, they can be long, confusing and boring. Many boards lack the right arrangement or agenda for their board meetings.
A key to a successful board meeting is having an agenda that clearly spells out the purpose of the meeting and includes all necessary documentation prior to the start of the meeting. It is also essential to limit the number of items that are discussed and avoid reusing agenda items from one meeting to the next.
Be sure to concentrate on issues and issues that are strategic in nature, rather than those which are purely operational. This will bring out board members’ different abilities and interests, helping you draw on more energy to engage in discussions.
The board of directors should be able to discuss, decide and assess strategies that can assist your organization in reaching its goals. This means discussing and defining concrete metrics to gauge the progress. This can be accomplished by appointing a ‘KPI’ to each strategy. For instance the retention rate of clients or donors and the amount of money that is earned. Concentrating these discussions on the most important issues that your company faces will increase the value of every minute of your board meetings.
https://www.boardroomcommunity.com/full-guide-to-better-board-meetings/