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The board room guide: tips for running the most effective meetings within your company
The high-risk decisions made at a board meeting affect everyone from the employees a business employs to the shareholders who hold the shares. It’s in these spaces that these major shifts in strategy begin to take shape and the future of a business takes form.
There are many kinds of meeting rooms, however the boardroom is usually characterized by a large table in the middle of the room, with chairs around it. This classic arrangement is perfect for formal meetings and executive sessions as it encourages participants to be in a room together when discussing and encourages collaboration.
It is also important to remember that the term “boardroom” is not always intended to mean a dedicated, exclusive space. Some companies prefer to hold their board meetings in a conference area, particularly if the space is small or the company has no dedicated meeting space that can be able to accommodate a larger group of people.
To run the best boards it is essential that board members know how to control their attention and time during meetings. This can be accomplished by having an efficient board portal software solution that offers a secure location to store and distribute materials for board meetings before every meeting. This lets the board reduce time spent preparing for meetings, and also ensures that the information contained in the documents is kept private and safe. It also assists boards stay focused and organized during meetings by providing a digital platform to facilitate discussions, notes, and voting.
