Shailesh Rajpal: How to prepare your board for ultimate success
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There is no denying the impact COVID-19 had on transforming boardrooms around the world. And with digital age largely accepted as the new norm, how companies adapt to the remote changes will make or break them.
Add to that diversity, equity and inclusion as well as environmental, social and governance, social justice initiatives, facing the economic downturn in recovery, and cyber security threats – it’s all surrounded by this notion of digital transformation.
But what exactly does a successful virtual board meeting look like?
- Lead with a crisp agenda: the best board meetings obsessively bias the agenda towards action.
- Creating a new normal: exceptional virtual board engagements can be achieved by thoughtfully digitizing all aspects of a board meeting.
- Plan and plant reminders: digitally native boards are intentional about hybrid meetings and actively prevent ‘digital dissing’.
- Start board meetings softly with chitchat: the lack of a physical third dimension can kill the spirit of a board; the best board meetings avoid cold opens with conversations and engagement.
‘Board meetings tend to take a lot of time to prepare and you always have a meeting you prepare for. Things go a certain way….. If a meeting doesn’t go well and you walk away feeling, ‘I wish that was different’ – that stays with you for a very longtime,’
“Mr. Shailesh Rajpal shares some of the pieces he has learned to help you prepare and be more intelligent so that all three things are one and the exact same thing.”
Train up and embrace the full features of enabling technologies
Lean into, leverage and operationalize past experiences and diversity of your board
Extend the value and impact of your meeting through digital task management and collaboration tools
Weave security and compliance into the fabric of board digital transformation
Analyze everything and create continuous improvement with meeting and board engagement feedback
Mr. Shailesh Rajpal at last concluded, “Make sure that the meeting you have in mind is the meeting you actually deliver.”