Board members are a key group of stakeholders who have an important role to play in the success of your organisation. The effectiveness of your board is determined by the manner in which they communicate and collaborate. BoardManagement can assist in implementing the best practices for your board meetings and documents.
Features of the Board of Directors Portal
A board portal is a program that allows members of a board to access their central library of materials for meetings from any Internet-connected computer. This includes the agenda for the following meeting, as well as other documents that are important to the board. It does away with the need to send attachments to emails that are susceptible to cyber-attacks, or distribute and print paper packets that could easily be lost or misplaced. In addition, it offers a safer and more secure platform for discussions and collaboration instead of email.
The right tool for managing your board can also improve communication with stakeholders and ensure that they are involved in the decision-making process. For instance, some board portals offer tools that let you upload and share files, as well as create a calendar of documents and manage meeting minutes to ensure that everyone knows what’s happening and when.
Another benefit boards of directors usually find beneficial is the ability to hold a live chat and collaborate on important matters during a meeting, no matter the location of their meeting. This is particularly helpful for those who travel frequently or are in remote locations for work.