Online board meetings are a convenient and effective method for nonprofits data-centric strategies in M&A execution to conduct business. As with any meeting, a variety aspects can impact the efficiency of an online board meeting. This article highlights tips on making your virtual board meetings productive and outlines the most common mistakes that can be avoided.
Unengagement
Many nonprofit boards discover that they struggle to keep remote participants engaged during meetings. This is particularly the case if your company has moved to a remote meeting from face-to-face meetings. Meetings can be impacted by low participation in the event that your board members aren’t accustomed to interacting via video, or if they are struggling with the technology itself.
Committee reports are usually the least engaging items on the agenda, and it is difficult to get people to engage in discussion about them during the virtual meeting. To combat this, get your committee chairs to include a question or ask for feedback from the board in their reports.
Inadequate meeting minutes
Your board’s designated minute-takers are responsible for ensuring all important discussions and decisions from the virtual meetings are documented in a concise manner. They should not write about informal discussions or personal opinions and should seek to achieve an equilibrium between thoroughness and conciseness. It is also essential that your minutes are recorded exactly as they were, and that you have a system in place to ensure safe storage of all documents such as governing documents, financial reports, and more. This will avoid confusion and increase accountability.