Boardroom INSIDER for…AUGUST
IS THE TRADITIONAL “BOARD MEETING” DEAD?
As summer winds down in the U.S., corporations worldwide see a resurgence of COVID-19 outbreaks and shutdowns. As their boards of directors face continued online, virtual meetings, some are wondering – is it time to give up on traditional “in the boardroom” sessions altogether?
“Despite all the tech changes that have revolutionized business in recent decades, board meetings are still stuck in the 19th Century,” writes Boardroom INSIDER editor and business speaker Ralph Ward in the online monthly’s August issue. He notes that global boards have grown more comfortable with virtual meetings since the crisis began — and are discovering that online governance actually has advantages.
“Ongoing, brief video meetings get directors away from a ‘once a quarter’ mindset, and the online technology turns the remote member into a one-person network of board and company information.” Further, Ward notes that prying directors out of the boardroom jars their tendency to recruit new members “who look like everyone else around the board table,” boosting board diversity. “The traditional sit-down board meeting may not be dead, but after this year’s shakeups, it sure looks endangered.”
Articles in the August issue include:
- 6 top items for your crisis audit committee agenda.
- Powerpoint slides vs. online board meetings – who wins?.
- Q&A: How do we handle board squabbles in online meetings?
CONTACT: Tel 1+989-833-7615 or via email
Ralph Ward’s latest book, Board Seeker: Your Guidebook and Career Map into the Corporate Boardroom (Business Expert Press) gathers 20 years’ experience in board counseling and research to give “board wannabes” the steps and insights needed to craft a successful board search campaign.
NOW ON AUDIOBOOK.
— Here’s why you have more “board experience” than you think (and why your current resume hides it).
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— Prepping for a board interview… and for your first board meeting.