Directorpoint President John Peinhardt has said that “brainstorming is the separation of idea generation and idea evaluation”. There is, perhaps, no better way of maximizing the benefits of brainstorming in the decision making-process than NGT. Nominal group technique (NGT) is a form of structured small-group discussion designed to more effectively and efficiently reach a consensus. Continue reading
A new California law aimed at breaking the glass ceiling has become the buzz of boardrooms across the country. On Sunday, Governor Jerry Brown signed a bill, passed by state legislators in August, requiring all publicly-traded companies headquartered in California to include at least one female board member by the end of the year.
By the end of 2021, boards with five members must include two women and boards with six members must include three or more—and “inclusion” is the operative word, here.
Your latest board meeting has just ended, but that doesn’t mean your responsibilities are over until the next gathering. In fact, there are several tactics that should be employed after every single meeting to ensure that your board is functioning as effectively as possible.
Send a post-meeting survey
Send a brief survey after meetings. This 3-5 question survey should ask directors to rate their experience of the board meeting.
Use this opportunity to determine whether board members feel that the agenda was adequately covered and if they have suggestions for future meetings.
It’s important to send the survey shortly after the meeting while the details are still fresh on directors’ minds. (A yearly, more in-depth survey is also a boardroom must.)
Distribute the meeting minutes
It’s important that board directors can quickly and easily review the meeting minutes for accuracy. Board software simplifies this process in a big way and encourages more involvement from directors. Create a clear process for editing the minutes, so board members can follow the time frame.