Board meetings are when the board debates strategies that help their organization grow. It is essential that each board member feels respected for their time and experience and that discussions stay focused on topics that are relevant to their role. It is essential to keep the discussion focused by implementing a few key practices that will help the meeting run smoothly.
Prior to the board meeting, send the agenda to all of the participants. The www.cbdboardroom.com/what-should-you-do-after-every-board-meeting/ agenda being distributed to all attendees prior to the board meeting allows them to familiarize themselves and prepare for the discussion. This also allows them to communicate their thoughts about the documents in advance which will ensure that all pertinent information is discussed at the meeting.
It is essential to establish clear goals for each discussion and be specific about the goal of each discussion. This will prevent the board from spending time. For example, a board could discuss future strategies as one of their goals in a meeting. However, when the purpose isn’t clear, the board could continue to talk about strategies from the past and in the process delay the decision making process.
When discussing strategic plans when discussing strategic plans, it is crucial to assign KPIs (key performance indicators) that will show whether or not your strategies are successful. KPIs are varied, but common examples include retention rates for donors or clients and staff turnover rates and revenue from acquisition. These metrics will help the board make quick and effective decisions during meetings.