Avoiding Common Mistakes in Board Directors Meetings

A well-run board directors ‘ meeting enables your board to make informed and ethical decisions. The board needs to be able review documents, participate in discussions and reach a consensus on difficult issues. The meeting needs to be documented properly, allowing for future reference and compliance. The process may be difficult to navigate but it is essential that the board makes the most of their time and resources.

Board work can be both stimulating and https://americanboardroom.com/explore-the-influence-of-real-estate-data-room/ exhausting. To ensure that meetings are productive, it is essential to avoid these common pitfalls.

1. Rehashing discussion points from the previous meeting

Re-living the discussion from the previous board meeting will consume time and distract you from the most important agenda items. Being distracted by new discussion topics could hinder you from meeting your goals for the meeting. If you must discuss a topic that was not originally scheduled for discussion with the group, you can agree to bring it up until the conclusion. The group is then able to revisit the topic and decide if they want to add it to the next agenda, assign a task, or research the subject further.

2. Information sharing is too much

Board members should be informed. However the information they receive from them should not be a comprehensive listing of all the information available. Instead, it should be a package that encourages constructive discussion and questions. It might sound like playing a pre-school teacher however it allows the board to concentrate on the most important decisions and assures that they’re dealing with those matters when their decision-making powers are at their highest.