5 Reasons Not to Hold Annual Board Strategy Retreats
It’s funny, if you google “tips for holding an effective board strategy retreat,” the top results take you to pointers provided by consultants catering to the non-profit world. But public company boards hold strategic retreats too.
Approaches to annual board strategy retreats vary significantly. Some plan multi-day off-site events at hotels, which include a whole lot of travel, meals, accommodations and entertainment. Others tone it down with a half or full-day session held in the normal boardroom.
Here are five reasons not to hold board strategy retreats:
- They’re often not useful
- Bringing spouses & partners are a killer
- Battling officers trying to attend
- Battling officers who do attend
- Retreats can be expensive
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