In annual general meetings, apart from presenting annual reports and interacting with shareholders, voting is one of the most sought activities. This includes voting on electing the next board of directors, approving resolutions, and settling motions. However, as meetings are now held virtually or in a hybrid format, regulating authorities are requiring an efficient and transparent live voting technology.

There is no denying that the COVID-19 pandemic has completely redefined not just the workflow of businesses but also educational institutions. From holding online classes and board meetings remotely in the past two years, to shifting to yet another relatively new work setup, such changes further reinforced the need for innovation in modern governance.

Security should be the utmost concern for all financial institutions for various reasons. Top on the list is to protect customer and client assets. By strengthening cybersecurity measures, financial companies can ensure that customer data is protected — eventually securing trust from stakeholders. This calls for financial boards to integrate advanced security measures across all governance practices, including meetings and data management.

In business, meetings can feel like wasted time more often than not. It’s true that no team gets anywhere without a collaborative spirit and tight lines of communication. But there’s a reason for the saying, “too many cooks spoil the broth.” Trying to engage everyone in everything with no process and structure for doing so can lead to stagnation.

Virtual meetings have undeniably improved workplace communications. With so many remote team communication tools with advanced features like Q&A, breakout rooms, chat, reaction icons, virtual whiteboards, and so on, it has never been easier to ask questions and seek ideas from meeting attendees. But, think back to your virtual meetings this week. How many of them were successful? Are awkward silences the norm in your meetings?