The board of directors supervises the performance and strategic direction of the company. To make informed decisions, it’s vital that the board remains in contact with the top executives of the company and stays up-to-date with the latest reports and information. Board meetings offer the chance to do this.

Board members typically attend in person, but with an increasing number of people working remotely, teleconferences are becoming increasingly frequent. Meetings can be held frequently, as often as every week or even twice per year.

Consider creating a portal that includes the most recent board materials and also agendas that are saved for meetings. This will help directors focus on the most important discussions and find the information they require quickly. Encourage discussion among the board members prior to the meeting to discuss any concerns or questions so that the meeting time can be used to discuss strategy instead of reviewing a litany reports.

The board members spend the majority of their time discussing performance of the organization discussing any major developments since their last meeting and discussing key performance indicators (KPIs), and exploring possible strategies for the future. The board might also review the list of new or old business items that require to be approved and take action on those items. The board will call off the meeting following all this.

https://boardroomsite.com/what-to-expect-from-a-board-evaluation