the difference between shareholder and stakeholder
To ensure that your board meeting goes well, it is important to prepare. A well-organized meeting will lead to an informed decision and efficient utilization of time.
The agenda is the initial step. The agenda should clearly convey the most important issues to be discussed as well as important decisions to be made. It is also important that the meeting materials are distributed prior to the start of the meeting, usually a week, so that Board Members and attendees have enough time to prepare for the meeting.
If there are any issues that must be addressed or a lack of information included in the board’s agenda it is a good idea to schedule a conference call with the appropriate people prior to the meeting. This allows the Board member to discuss their concerns with the CEO or the management and also request any additional information needed to prepare for the meeting. This will decrease the amount of questions asked at the meeting, and help to facilitate an efficient and productive meeting.
You should also do some research or investigation on any issues that may arise during the meeting. You can accomplish this in different ways, from asking the people in the room for more details or contacting other sources. You’ll be more informed and be in a position to ask more thoughtful, insightful questions that will bring value to the meeting.