Tag: structured meeting

  • 7 Strategies for Running More Constructive Board Meetings

    Business investors and productive people sit on different boards, so going to executive board meetings is important for their day by day life. For founders, their organization’s board is regularly the main board they have ever been engaged with. This makes it a fertile region for errors and false impressions.

    Overseeing communications with financial investors is a pivotal task for a startup CEO, and executive board meetings give a standard rhythm to this. Time and again they are dealt with like some other meeting- a long update event or a commitment that everybody around the table needs to endure.

    Nonetheless, if managed accurately, viable board meetings can increase the value of the organization. Board meetings are a decent chance to make arrangements, examine vital themes, help steer the organization the correct way, and guarantee everybody is in total agreement.

    Below mentioned are some of the best steps entrepreneurs can practice running effective board meetings:

    1. Keep a Clear Objective in Mind Before the Meeting
    2. Try Creating Space for Communication
    3. Utilize Your Time for Solving Main Issues First
    4. Be an Efficient Leader for All
    5. Make Unanimous Decisions
    6. Discuss the Fund Raising Events for the Future
    7. Make Follow Up Reports for All to Ensure Consistency

    1. Keep a Clear Objective in Mind Before the Meeting

    Send a point by point plan and the full board deck a few days before the meeting for keeping the main objective clear. This gives everybody a plentiful opportunity to audit the deck and the financials and come ready with significant inquiries, and furthermore keeps the meeting from transforming into an update meeting.

    Board meets accomplish better work when each member has had the opportunity to contemplate each issue. And, in case, they don’t do their work even when you explain them, possibly these individuals shouldn’t grab a chair at your board meeting.

    There are numerous approaches to make board meetings less boring, including: “Incorporate understandable materials, information, and updates in a bundle and distribute it to your board members four days before. Advise them to come prepared and set up the location and audio during online meetings”

    2. Try Creating Space for Communication

    Toward the start of the meeting, it’s a smart thought to introduce all individuals if you have another expansion to the group or to the board. Along with that, circumvent the table to once again introduce everybody and ensure all individuals know about each other.

    Besides, commit some time to have some casual discussions with your colleagues and check in with how everybody is getting along. This will fabricate compatibility among the directors and permit you to function admirably together to reach significant decisions.

    3. Utilize Your Time for Solving Main Issues First

    Utilize your time as wisely as possible by picking a couple of basic issues and going directly forthright. Don’t bite off more than you could chew. Choose only one or two issue’s at a time and focus on resolving them from the roots.

    It is suggested that you prepare to stun the world with these profound jumps: “For instance, you may discuss how to structure the most ideal arrangement with a given accomplice. You tell everybody in the room that this is the test and that you need their opinion. This way you could encourage a good conversation for beneficial results of the startup.

    4. Be an Efficient Leader for All

    As CEO, it’s reasonable to be scared by your Board of Directors — after all, they are industry leaders — and they additionally can fire you. Moderate the discussion so that it is useful. Try not to fear calling them out if what they’re saying is off-subject or driving the discussion of the course.  

    In this way, you will find that all the members and workers are significantly more lined up with the organization’s main goal and you can hope to get important feedback and help from the board to push your organization ahead.

    Keep a check on your ego “You can either make it clear to people around you why you’re at the table, which includes a fairly unattractive need to wear your accreditations on your sleeve, or you hang tight for the moment and offer your remarks and prove your value.”

    5. Make Unanimous Decisions

    The reason the top managerial staff doesn’t settle on choices alone is that unanimous choices are substantially more powerful. Hence, you truly need to support the full interest of every person at the meeting. Different points of view will be advantageous to recognize openings for upgrades, objective setting, planning and executing plans for progress.

    6. Discuss the Fund Raising Events for the Future

    Founders should make a point to consistently talk about business objectives to guarantee they arrive at their next round of financing. Since the business landscape or advanced economy or the opposition ventured up, financial investors may rethink their assumptions to further fund the organization.

    7. Make Follow Up Reports for All to Ensure Consistency

    Make the board work for you. During the meeting, you can appoint undertakings for board members (presentations you need, assistance with enlisting, market contemplates, and so on).

    After the meeting, you must follow up with an email to all the members of the board that determines the undertakings they were allocated during the meeting. This will help guarantee they do their part.

    With that, ensure you send regular updates to the board so that members are informed regularly. This guarantees that the upcoming board meeting turns out to be more productive.


    How to Host Your First Successful Virtual Event
    Virtual events are an organized meetup. In this guide we’ll Help you to How to host a successful virtual event and Virtual event platforms for hosting the event.


    Conclusion

    Many of us don’t have formal preparing techniques in meeting management abilities, yet anybody can figure out how to do it well – regardless of whether your group is in the workplace, completely virtual, or crossover.

    A constructive board meeting brings an insightfully chosen gathering of individuals together for a particular reason, gives a forum to open conversation, and conveys a tangible outcome: a decision, an arrangement, a list of good thoughts to undertake, a common perspective of the work ahead.

    As a result, the outcome is then imparted to others whose work might be influenced. And, startup meetings can become effective by following these 9 steps mentioned above.

    FAQs

    How do you make a board meeting more efficient?

    Be an efficient leader, Introduce new members to the board, Send the agenda in advance, and follow up with the board members after the meeting.

    How do I prepare for my first board meeting?

    Be confident, Make an agenda, Know more about the people attending the meeting, Practice with a mock meeting.

  • How to Inspire Employees and Work-Retain Employees?

    A workplace is where we spend one-third (8 hours) of our day which is more time than we do spend at home. Every company focuses on productivity. There are some milestones that people have to go to make work successful and tangible. Deadlines are key areas that have to be met in order to measure success. Some managers put unnecessary pressure on employees like extending working hours. Ideally, this cannot be a parameter to measure success and effectiveness. Motivated employees always remain positive and the opposite is demoralizing.

    According to a survey, 75% of the reasons people quit come down to their managers. As the boss, you need to have the capacity to monitor each and every employee. When you realize some funny character in an employee, make a quick action and attend to their attitude. As an employer, have you noticed that your employees have started to withdraw? Reduce stress by observing the following tips on how to Inspire Employees to Work.

    How to Inspire Employees to Work
    How to Retain Employees in an Organization
    How to Keep Employees Happy and Motivated

    How to Inspire Employees to Work

    Flexibility of Work

    Flexibility in working hours should be encouraged to Inspire Employees to Work. Office time and personal time must blend. Keeping people at work throughout does not increase productivity at all instead employees get burnout. Flexibility makes employees work to achieve set targets within the specified time. After work, they get to attend to their personal issues effectively thus creating a work-life balance.

    Set time for Break

    Human beings are made to concentrate up to a certain period. Downtime for employees is very vital. Making employees work without break is unhealthy and production will be less. Burnout is eradicated when employees get time to be out of their desks for a cup of tea or water. Fresh ideas are conceived while being outside a normal work environment.

    Structured Meetings

    As an employer, avoid overwhelming employees with unnecessary meetings. It is a very terrible situation when people attend meetings just for the sake of culture. Meetings are made for updating and getting ideas from each other so organize an effective meeting only. Avoid wasting the time of employees, by organising unnecessary meetings.

    Transparency

    Information sharing is very crucial in a company. Employees are just like investors and they expect such treatment. Let them be at par with information, transparency makes employees attach and have passion with the company and also helps in winning their trust.

    Develop Work Schedule

    It is very tiresome to work blindly. This brings a lot of confusion when you’re trying to deliver the work. Work schedule helps in planning for activities. This is the only way to track and prioritize information. Allocation of tasks is done effectively. Teamwork is embraced, as people involved will understand work dynamics and work cordially and not based on fear.

    Work as a Family

    Despite the workplace bringing people together from various backgrounds, employees feel honored and respected when they are treated as a family. This is a place where we are driven by a common goal. Give employees your back just like any other member of your family. Stand with them and don’t let anybody abuse them. This is a very important point on how to inspire employees to work.

    Treat Employees Equally

    In a working environment, understand that no one is special than the other. Management should be concerned about everybody and not some hence productivity. When there is a difference in a workforce, teamwork will not be guaranteed and therefore the workforce will be split, which will in return be a hindrance. Favouritism brings discouragements among employees and brings division among employees.

    Capacity Building

    It is a very embarrassing situation when employees don’t know what to do. You always feel out of place and feel frustrated. It raises morale when you train employees to understand their work better. Proper work can be done with confidence only.

    Provide Right Tools for Work

    Most of the bosses demand much from employees while they know very well they have not equipped employees with tools. Employees feel harassed. Provide them with adequate and functional tools to facilitate their work. Tasks and deadlines will be met on time.

    Participatory Approach

    People are always allergic to changes imposed on them. Learn to engage employees in the decision-making process. For example, based on the kind of work that you do, get to know how people feel about the sitting arrangement. Get feedback from them, harmonize their concerns, and definitely this way, you will be able to address their needs better.

    How to Retain Employees in an Organization

    Every business or company needs employees to run effectively and meet its business needs. However, hiring new employees can become a tasking job causing levels of frustration to rise and hindering the progress especially when the company has just started. Thus, every company should learn Employee retention strategies in retaining its employee base.

    Here, we bring you employee retention strategies and how you can inspire your employee so that they are satisfied and content with their work.

    Create a Healthy Work Environment

    This is one of the best Employee retention strategies for any company. As a start-up, there is a lot of work pressure on the employee to meet deadlines and make faster progress; however, employees tend to make mistakes under pressure. When such situations arise, make sure to not criticize or pressurize the employee by reprimanding him; instead, help them to become more efficient in their work.

    Transparency

    Maintain an office policy where everyone works with a clear knowledge of all the things going on in the company and is treated equally on all fronts. This is also one factor in employee retention strategies. All employees should be able to put forth their ideas and suggestions regarding anything. This gives an employee the sense of being involved and the more involved a person is, the more likely he is to stay.

    Rewards

    Your workplace is like your second home, hence, treat your employees like family. Give them occasional rewards on their success or any big achievement that the company makes, this will help in Employee retention strategies. Give them yearly treats that are personalized for them like providing them with a paid holiday or some complimentary leaves and gifts that they would like. Incentives may also be a good way to encourage employees, although gifts have a better impact in keeping them happy.

    Do Leave and Staying Interviews

    If you are unable to understand, why employees are leaving, ask them. Your human resource team can arrange a leaving interview for every person that is quitting their jobs and you can take their feedback to improve your companies’ policies. It helps in Employee retention strategies for your startup or business. Apart from this, you can hold interviews of the loyal employees asking them the reasons for their stays and what did they like about the company and what would make them leave. Assess all the feedback and improve yourself.

    Provide Them With Small Perks

    Give your employees some facilities to improve their lives so they can work better. A complimentary transport service or free lunch would work wonders. This will give a boost to employees and help in Employee retention strategies. Some paid leaves can also be given in order to make the employees loyal. The money spent on these things will be way less than the money spent on recruiting and training new employees which is not only a waste of money but time as well.

    Hire smartly

    While hiring employees make it a point to know whether that person is actually suitable to work in the company’s environment or not. Every company has a different culture and discussing that culture with the employee can go a long way to get an idea of whether the person will be suitable or not.

    Keep a Tab on Everything

    Even though start-up co-founders get really busy after the successful take-off of the company they should take out some time to check how the company is working. Recruiting a management team is not enough, founders need to look at every department and know whether the work environment is good or not. Sometimes, this can bring unexpected things in the light which can be corrected only by the bosses.

    Respect the Work-Life Balance

    Your employees have a life outside work and that should be respected. The employee works for the company during office hours but working beyond that is their own choice. So don’t make employees do more than they have signed for. This is one of the most important factors for employee retention strategies. Yes, there can be times when you need them to work a little extra but that should not become a daily routine because an environment like that will drive people a way to look for jobs that provide flexible working hours.

    How to Keep Employees Happy and Motivated

    Are you a small business owner? Do you wish to improve the office environment? The key to a successful business is to keep employees happy. It has been proven that a person is most productive when they are happy. So if you have a happy task force chances are high that your company will make tremendous progress. Keeping Employees Happy is of the utmost importance to your company and here are some ways to keep them happy.

    Help Your Employees Feel Valued

    If your employee is doing a good job appreciating their effort is very important. Thank them for the work they have put in and make them feel that you value their contribution. There goes a lot into doing some work, and giving appreciation might not be a big deal for you but will surely make your employee’s day. This will make him want to work harder and better. If something goes wrong, do not punish or be harsh on them. They are adults and know that they have made a mistake. Help them correct their fault or give them some extra time to mend their mistakes. Also making efforts to know the employee and be humble to them. An occasional small talk about their family and their kids will make the employee feel as if they are important.

    Positive Atmosphere

    Try to create a positive atmosphere in your office. The workspace should enough room for your employees to walk and move. There should also be spaces for your employees to interact with each other or relax while taking a break. A dark and congested office will never improve the work environment. Place some greenery around the office. Let some fresh sunlight come in so that people feel recharged. Also, change your air filters and get the office cleaned regularly. A clean environment is sure to make a person feel more relaxed and will help in keeping employees happy.

    Involve Them

    Involve your employees in everything. Take opinions on every topic. They should know what business the company is doing and how their work is affecting the company. You can set up regular employees meetings for the exchange of ideas. The meeting should not be excessively serious and all work. It should have a light environment and everyone should be given a chance to share their thoughts and opinions any topics. This will make them feel more involved in the company matter and give them a feeling that they have a responsibility to hold. This is one of the most important points to Keep Employees Happy.

    Let Them Work at Their Own Ease

    With so much technological advancement you do not have to follow the old ways and lock your employees up in an office. Let them do their work at their own ease. If they have an emergency, let them work from the comforts of their houses. If they are completing their work, it is not necessary for you to constantly have them in front of your eyes.

    Give Them Time off Work

    If your employee has been doing a good job all year giving them an extended vacation is not bad. If they are a good employee, they will make sure that they complete their pending work on time. This has another advantage. The other employees will see this and want to work hard and earn their own perks.

    Encourage Them to Stay Fit

    A fit person is always a happy person. This does not mean that you need to tell your employees to go to the gym every day and lift weights. All you need to do is motivate them. You can build tennis or football or basketball court in your office. Or you can have an indoor gaming area where your employees can come and ease out the stress and also get some exercise. This will keep the endorphins in their body running and in turn, it will help Keep employees Happy.

    Conclusion

    As a leader, you should act as a role model. Employees would always imitate your actions. Show concern to employees by responding to their needs on time. Appreciate them by celebrating their achievements and where applicable give incentives. All this enhances production and inspires employees to work. Good employees are the backbone of the company and retaining them will go a long way in making the business a success, hence, keep these points in mind to maintain the smooth progress of the company.

    FAQs

    How you can motivate your employees?

    To motivate your employees, you should praise them, treat them with respect, don’t be impartial, and try to listen to their concerns.

    What are the best retention strategies?

    Provide your employee’s growth opportunities. Engage with your employees, reward them for their work and be impartial.

    What is the key to employee retention?

    The main points to do is to provide job satisfaction to the employee and keep them engaged, that is how you can retain your employees.