Our tips on how to run a board meeting will help any CEO or chairperson line up with all of the must-haves and must-knows to run a productive board meeting. We’ll give you advice and answer some of the most common questions on board meetings around the web. We’ll also give you a run through our free board meeting presentation template to help you craft your slides for a board meeting. So, stick with us so you can run board meetings like a pro in no time!
The definition of a board meeting is a formal business gathering with an organization’s board of directors to discuss policy, performance, financial, major, and legal items to how that institution is run. As this group gives the organization direction, they’re meetings to discuss vital foundational and operational aspects.
Often held twice a year or every quarter, the frequency of board meetings truly depends on an organization’s stage. Given the necessary direction, board meetings can happen as frequently as weekly or scheduled as sparingly as once a year.
A primary goal of these meetings is to be as effective as possible, so bear in mind there’s no sense in calling a board to gather for items that should be cleared otherwise.
A board chair’s role is to facilitate a board meeting following a company’s mission, vision, and desired direction. To do so well, the board chair should keep an eye out for what’s best for the company. Use leadership skills to allow that conversation to take place in a tone that goes hand in hand with the company’s culture. Relevant to this role is the lack of right to vote, except when doing so will change the outcome of a decision. Another case is votes made by ballot.
A board chair will also work alongside a company’s CEO or Executive Director to run a meeting that suits the board’s priorities. Yet, a person in this role is also responsible for getting new board members and helping with their development.
In meetings, chairs will actively call upon each attendee to bring out their strengths for the best possible collective discussion. Once their role comes to an end, they’ll also help find the next board chair to take their place.
Decide if a matter is best addressed in a committee. One of our tips on how to run a board meeting as a board chair is for you to freely designate a particular job as a task to a set group of people when most appropriate.
A productive board meeting starts with a well thought out agenda that the board chair distributes ahead of time. This distribution should include any lengthy documents that the board needs to read in preparation for the meeting. As a tip, sometimes a quick phone call can keep many items from popping in a board meeting. If possible, call board members just to check in before a meeting. Doing so might clear an otherwise hectic air during a board meeting.
As to how to conduct a board meeting per se, start by setting an energetic and highly positive tone, and check if there’s quorum. If there is, call the meeting to order as we describe in detail below and go over the agenda. Ask for approval of the board to the items you just read. Make sure everyone agrees with what’ll be covered exclusively during the session. Add, amend, or delete items as needed and then sign the minutes provided by the secretary.
Give room for reports from either the Executive Director or any committee, including the audited financial one. Move on to old, new, or other lines of business and do so orderly, keeping discussions within the scope of the company’s best interest.
To close your board meeting, thank everyone present before you call the meeting adjourned. Also, touch base with the Executive Director for any items before you work with the secretary on a final and closing record.
It’s also great to send an email after the meeting to all board members with a summary of the most relevant aspects, including all action items that were discussed.
Calling a board meeting to order is a matter of giving a quick statement with the precise start time and date of the meeting to literally let people know the session started. In case there are any new or retiring members, give them welcome or farewells where they are due, and acknowledge any visitors to the session.
To include a motion for consideration, a board member simply needs to say they move a specific action. If seconded, which is mandatory and not tied to the affinity of content but to the motion taking place, then the motion can be discussed.
As a proposal for an action brought in front of a board, a motion allows the group to make decisions and give a company directions on particular areas. You should know there are different kinds of motions, including main, subsidiary, privileged, and incidental.
Now, let’s move on to our set of tips on how to run a board meeting everyone will enjoy. How effective you make these is at the center of how pleased a board is to get their job done in a productive environment.
Bringing a board meeting presentation to a session will help keep the meeting on track, and the audience engaged. Our free board meeting presentation template is a perfect example of the necessary slides to make a board meeting the most effective use of everyone’s time.
After a cover slide that follows a clear agenda, we give you room for:
Yet, we also accommodate team updates in a slide, including KPI updates, a specific section for you to outline the roadmap, a slide for core acquisition channel updates, and business development.
We also order business development notes visually unto a slide. And we made room for financial and operational updates followed by profit & loss charts and milestone displays. Our last slide concedes formalities.
Give our template a try or let our team of professional designers exclusively polish your content and design. We’re here to help you any way you need! Best of luck running your next board meeting!