For a board member, understanding the meaning of all terms and processes is a mandatory requirement and an indicator of being well-informed. In this article, we will look at the board meeting terminology and the most common questions about the board of directors. Main board meeting terminology Below we have described the terms mandatory to… Continue reading Essential Board Meeting Terminology
Category: Explore Board Meetings
Stakeholders Conflicts – Policies and Rules
A project can be called successful when the stakeholders are mutual in their goals and come to a common agreement. Sometimes, however, things don’t go as expected, which results in stakeholders’ conflicts. Conflicts arise when the goals of the parties do not coincide, which is a company problem that inhibits its productivity. To resolve this… Continue reading Stakeholders Conflicts – Policies and Rules
How to Take Effective Meeting Minutes
The board meeting secretary has many responsibilities, one of which is to create and take minutes of meetings. To do this, they create notes during the meeting and later use additional material to form a finished document. It needs to be distributed to all participants and archived. But in order for the minutes to be… Continue reading How to Take Effective Meeting Minutes