How to work better with your board of directors

For many executive teams and senior leaders, presenting to the board of directors feels like an unwelcome distraction from the critical day-to-day operational work. Company leaders have been known to try to keep the presentations ultra-polished and tight and to control the meeting to avoid unwanted questions from the board. But this practice can mean the company is not getting the best out of its board members!

Here are a few ideas we would like to share to help your teams work better with the board.

• Remember, you and the board share the same goal: to make the company successful! Board members may have many questions, but they have relevant knowledge that they would like to share. We suggest making it easy for them to know when and how to contribute. Seek to understand their experiences and personalities and tap into their wisdom, using them as a sounding board outside formal board meetings.
• Don’t pretend that you have no worries or concerns. Be open about what keeps you awake at night. Driving a successful business is challenging, and board members know that.
• Never surprise the board (unless it is good news)!
• Thoughtfully draft the board agenda so that critical strategic topics are given appropriate time. Make the agenda clear so it is evident which topics are for information, a sounding board discussion, or a decision.
• Ensure board material is succinct, without errors, and promptly uploaded.
• Agree on guidelines regarding how you would like the board and the leadership team to work together, then follow them.
• Be curious and respectful. Remember, you work for the board!

Are you interested in learning more about how to build a successful relationship with your board, securing the company’s success, and your job? Leadership Advisor Group often coaches execs and senior leadership teams on how to improve the way they work with their boards, so if you’d like to learn more, feel free to contact us here: reception@leadershipadvisorgroup.com