How to Get the Most Out of Board of Directors Meetings

The board of directors supervises the performance and strategic direction of the company. To make informed decisions, the board has to be in touch with the company’s key leaders and keep current on the latest information and reports. Board meetings offer the chance to do this.

Board members usually attend in person, however with a a growing number of people working remotely Teleconferences are becoming more frequent. Meetings can be scheduled as often as once a week or once a year.

Consider the possibility of distributing a portal with the most current board materials and also agendas for meetings that have been saved. This will help your directors focus on the most important discussions and get the information they require quickly. Facilitate a pre-meeting discussion with your fellow directors to address any concerns or questions addressed so that time can be spent discussing strategy instead of going through the numerous reports.

The board members usually spend the majority of their time discussing the performance of the organization and reviewing any major changes since the last meeting, discussing key performance indicators (KPIs), and exploring the future strategies. The board is also able to review and approve a list of old or new business items. After all of this, the board will usually adjourn the meeting.

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