Boards are legally obligated to hold regular meetings in order to meet their regulatory and statutory fiduciary obligations. And COVID-19 has placed additional meeting requirements on boards to deal with the crisis and protect their organization and it's stakeholders.
However, COVID-19 has also produced social distancing, stay-at-home and even lock-down laws that make it impossible for Boards/Committees to meet in person. YET BOARDS AND THEIR COMMITTEES MUST STILL MEET....SOMEHOW.
Conference calls really don't work very well. And video conferencing tools placed in inexperienced hands are fraught with many difficulties and inefficiencies.
Therefore, the meeting SOLUTION for Boards under COVID-19 is VIRTUAL BOARD MEETINGS! But they must be EFFECTIVE meetings that allow for meaningful participation by all attendees while "reviewing" the key documents that need their approval.
As Boards worldwide are quickly discovering, just one person on a virtual meeting can bring the whole meeting to a grinding standstill as a dog barks in the background or someone scratching their microphone overpowers everything else. A Board meeting is NO TIME to also be learning how to run a new virtual online meeting system especially when directors need to be discussing important issues related to managing in these difficult times.
1. With CGTI's "VIRTUAL BOARD MEETING" ONLINE TRAINING you will receive the following 2 BENEFITS:
2. SPECIAL "TECHNICAL ASSISTANCE" ADD-ON TO YOUR VIRTUAL BOARD MEETING.
3. FOR THOSE BOARDS THAT CHOOSE TO BOOK THEIR VIRTUAL MEETINGS WITH US ON OUR PLATFORM:
DON'T DELAY. Dates and times are subject to prior scheduling.
Please call us at 1 758 287 2433 to determine if your board meeting time is available.