How to Maximize the Value of Your Board Meetings

Board meetings are among the most valuable things that your board can do for your business. They can help you make better decisions, increase your productivity and time management skills, increase the collaboration of your employees, and move the company closer to achieving its goals.

They can be long and confusing. They can also be boring. Many boards don’t have the right plan or structure for their board meetings.

A key to a successful board meeting is having an agenda that clearly lays out the content planned for the meeting and provides all necessary documentation ahead of the meeting. It’s also crucial to limit the number of agenda items and avoid the repetition of agenda items from one meeting to the next.

In the discussion portion of the meeting, focus on problems and issues that are strategic in nature, rather than just operational. This will allow you to discover the different talents and desires of board members, which will allow for a more energetic discussion.

The board should have the opportunity to discuss, approve and measure strategies that will help your organisation achieve its objectives. This includes discussing and defining concrete metrics to measure the progress. This can be achieved by assigning a KPI to each strategy. For instance the retention rate of donors or clients as well as the amount of revenue generated. Keeping the discussion focused on the most important issues for your organization can maximize the value of every board meeting.

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