Here are some of the many ways in which finance leaders can make a bigger impact in board meetings to ensure that their voice is heard and their expertise is valued:
Be well prepared
Finance leaders should ensure that they are well prepared for board meetings to make the most of the opportunity to present their views and challenge other board members. This may involve researching relevant topics beforehand and anticipating questions or objections that could be raised. Knowing the agenda and policies can also help them to better understand any discussions, ensuring that they are able to make an informed contribution.
In addition, finance leaders should ensure that they are familiar with the board members and their roles. Doing this can help them to build meaningful relationships and reduce any misunderstanding or confusion during meetings. It can also help to foster a supportive environment in which everyone’s contribution is valued and respected.
Finally, finance leaders should be sure to bring any relevant documents or materials to the meeting that can help them to make their case. This may include financial reports, budgets, and insights into industry trends. By having this information on hand, finance leaders will be able to back up their statements with concrete evidence and demonstrate the value of their contribution.