For the benefit of his employees, a CEO holds a version of the board meeting one day before the actual meeting.
Mike Allred, CEO and president of Visual Information Technologies Inc., a Dallas graphics-imaging company, wanted to stop employee gossip about his monthly board meetings, so he decided to hold dry runs of the meetings with his staff of 90.
"It goes over like gang-busters," says Allred. "Delivering the same spiel we give the board shows we respect employees' participation." Employees ask tough questions, which gears management up for the real McCoy the next day.