The more board members are involved and involved in the outcomes of the meeting, the better. To facilitate this the chairman http://www.boardmanagers.net/decision-making-tools-to-help-increase-productivity-and-free-up-time/ of the board must be prepared to run meetings effectively. To accomplish this, the chairman of the board must be able to effectively run meetings.
Begin with the State of the Union
Start the meeting by providing an review of the company’s performance. This can be done by the director or the founder. This is a good opportunity to recognize milestones and major accomplishments, and to determine areas where the company could be falling short of goals (such as not meeting sales targets, or issues with customers and clients).
Clarify Objectives
The agenda should be sent to the attendees in advance, so that they can prepare. Include the discussion topic and the goals for each item to ensure everyone knows what the discussion will be about. Keep these goals in mind during the meeting to keep discussions focused.
Encourage camaraderie
In the time between meetings, you should promote informal social activities that will allow for more natural conversations and member interaction. For example annual board retreats or gatherings that are held regularly outside of the formal meetings can help build solid foundations for effective and efficient collaboration. This can result in more productive and energetic meetings, which produce tangible results for the business.