The Role of Executive Board Meetings and How They Differ From Regular Board Meetings
Boards utilize executive sessions to tackle sensitive matters that require greater confidentiality and independence for board members. These discussions give participants to speak freely and openly without being pressured by public opinion. The article examines the purpose of executive sessions, how they differ from regular board meetings, and the best practices to help them succeed.
The president of the board or chair of the meeting opens the session by welcoming all who is present. Then, an explanation of the topic and purpose of the discussion by the CEO or another board member who is in charge of the agenda. This helps the board understand the context of the issues that will be discussed, and helps avoid confusion or misunderstandings.
Executive sessions are typically reserved for board members only. They can be held either before or after a board meeting. However, Board Source (formerly the National Center for Nonprofit Boards) notifies other stakeholders, such as the chief executive and selected senior staff members or professional advisors, can be invited to participate in a portion or all of an executive session when they are required present findings or give professional guidance.
It is important to remember that, just like any other board meeting, executive sessions should be focused on addressing issues that are beneficial to the company. Focusing on the board’s agenda keeps the attendees entertained and stop the meeting from becoming overly heated or an opportunity to discuss gossip.
https://houstonsmday.com/virtual-data-rooms-a-secure-solution-for-confidential-healthcare-data/
