I am not surprised at this statistic. Preparation is key for ALL meetings together with an agenda and anticipated output. Too many meetings are lax and haphazard.
Directors who fail to prepare for board meetings are a growing problem, according to PwC’s 2016 corporate directors survey. The portion of board members surveyed who said underperforming directors are unprepared for meetings climbed to 25% in 2016, up from 11% in 2012. And with challenging topics such as cybersecurity risks on agendas, pre-meeting preparation materials are taking more time to review in many cases.