The Benefits of Informal Meetings for Board Members: Why Connecting Outside the Boardroom Is Important

The Benefits of Informal Meetings for Board Members: Why Connecting Outside the Boardroom Is Important

Board meetings are critical in keeping an organization running smoothly, ensuring effective decision-making and strategic planning. However, formal meetings can sometimes fall short of fostering personal relationships between board members. Informal meetings, on the other hand, can be a valuable way to ensure that members are more connected and engaged, which ultimately benefits the organization as a whole.

What Are Informal Meetings?

Informal meetings are essentially non-business gatherings that allow board members to interact socially outside of official board meetings. Such meetings can comprise dinners, BBQs, sporting events, golfing or other activities that enable board members to come together in a relaxed and informal environment.

Why Are Informal Meetings Valuable?

Informal meetings can bring several benefits to the board and the organization, including:

Building Relationships and Trust

Board members are often dealing with significant workloads and are sandwiched between their professional and personal lives. Sometimes developing strong relationships can be challenging, especially when you’re working with people that come from different industries and backgrounds. Informal meetings offer an opportunity to connect with fellow board members on a personal level, away from the rigors of board meetings. It allows members to bond over shared interests, thereby building trust and camaraderie.

Creative Thinking and Innovation

Sometimes, the boardroom setting can be too formal and structured, making it challenging to think outside the box. Informal meetings can break this monotony and allow board members to think more creatively and differently. Informal settings provide a relaxed atmosphere that can sometimes lead to inspiring conversations, and the free flow of ideas.

Better Decision Making

Building mutual trust, establishing a personal connection, and facilitating creative thinking can lead to better decision-making processes. When members are more comfortable with each other, it not only leads to increased transparency but better communication as well. Better communication among board members leads to a greater level of effectiveness in decision-making.

Reinforcing the Importance of the Board Member Role

Board membership is an important role that requires a substantial amount of time, effort, and expertise. When board members feel like they are part of an exclusive team that takes the time to engage outside of board meetings, it can make them feel validated and appreciated. This reinforcement can ultimately lead to a more engaged and invested board.

Conclusion:

In conclusion, board meetings are critical to the success of an organization. The formation of strong relationships between board members can lead to more effective decision-making, improved communication, and a more engaged and invested board. Informal meetings are a resourceful way to build stronger relationships and teamwork among board members, allowing them to work cohesively for the betterment of the organization.