Boards utilize executive sessions to discuss sensitive issues that require more respect for privacy and board independence. These discussions give participants to speak freely and openly without being influenced by public opinion. The article explores the role of executive sessions, the ways in which they differ from regular board meetings and the best practices to help them be successful.
The chairperson of the meeting opens the session by welcoming everyone present. Then, an explanation of the purpose and scope of the discussion by the CEO or any other board member in charge of the agenda. This helps the board comprehend the context of the subjects to be discussed, and helps to avoid confusion or misinterpretations.
Executive sessions are typically reserved for board members only and can be held either before or after a board meeting. Board Source (formerly known as the National Center for Nonprofit Boards) However, it is noted https://houstonsmday.com/virtual-data-rooms-a-secure-solution-for-confidential-healthcare-data/ that other stakeholders may be invited to an executive session for a part or the entire time in the event that they require professional advice or make findings.
It is important to remember that, just like any other board meeting, executive sessions should be focused on addressing issues that are beneficial to the organization. Focusing on the board’s agenda will keep attendees engaged and stop the meeting from becoming overly heated or a forum to spread gossip.