Understanding the Best Practices for Running An Effective Board Meeting
An effective board meeting begins with a board that has a healthy board culture and board members who bring the right characteristics to the table. A board of directors that has a strong understanding of the principles of good corporate governance will be able to fulfill board duties responsibly and collaboratively. However, in order to run a truly effective and productive board meeting, board members must factor in a number of important components, including:
- Discussing long- and short-term goals
- Developing good working relationships with managers
- Understanding the role of the agenda
- Managing conflicts of interest
…and more considerations that contribute to positive board meeting outcomes.
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