Guest_SHCA
A board meeting gives you the opportunity to discuss important strategic issues and take important decisions that will help your business succeed. But, if the meeting isn’t executed or planned properly, it can be ineffective, and waste time for the board members. Understanding the most common pitfalls can help ensure that your board meetings are efficient and effective.
1. Overcrowding your agenda
A lot of topics are discussed in a single meeting, which can lead to unorganized discussions. It can be difficult to keep participants interested in this type conversation.
2. Documentation for boards that is poorly prepared
When you are making preparations for board meetings it is crucial to have all the right documents distributed to board members prior to the meeting starts. This includes agendas, past minutes and board book. It also includes committee reports, proposals for policy and other relevant information.
3. Inability to follow-up on action items
It is crucial to communicate your actions immediately following the meeting. This will allow you to avoid the problem of not acting on the outcomes of your board meetings.
It is vital that every board member has an input in the making of decisions. This means creating a space where diverse viewpoints are valued and consolidated to make an informed decision. This can be achieved by making sure that all members are able to participate in every meeting and by ensuring that the decisions of the board are documented in a timely manner.
https://www.onlineboardmeeting.org/main-principles-of-good-corporate-governance/
