Management Tip of the Day: 3 ways to motivate the board
BOSTON (Reuters) - The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.
"When serving on a board of directors is voluntary, sometimes members can lose focus or doubt that their participation is essential. At your next board meeting, try these three tips for reinvigorating and encouraging board members to devote more time and energy to growing your company:
1. Pose provocative questions. Spend a significant part of each board meeting wrestling with critical issues and asking your board to think through the toughest challenges facing your company.
2. Share the stage. Minimize time spent listening to prepared presentations. Be sure the conversation isn't dominated by one or two members.
3. Spend time one-on-one. Find out about members' individual interests and how they might translate to helping your company in a unique way - for example, by coaching an executive or attending a critical in-house meeting."
- Today's Management Tip was adapted from "Motivating a BOD" on the "Ask the Expert: Tammy Erickson" board of the HBR Answer Exchange.
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