Board members are the driving wheel and think tank behind any company. They are the decision-makers, and they lead your company towards growth and make way for better management of the company.
When it comes to devising a gifting strategy for your board members, it could be a challenging task. There are a lot of things to be kept in mind when choosing gifts for individuals who hold such crucial positions in your company.
While you will want the gift to reflect your sentiment for the individual and the occasion, you will also want it to be decent and elegant enough. At the same time, you wouldn’t want it to be something extremely boring and generic, that your board member will not even look at for a second time. You would want your gift to be memorable.
Points to be Kept in Mind When Choosing Gifts for Board Members
A gift is a way to convey to your employees, clients, or your board members that you value them beyond the equation you share on a professional level. Festive gifts are full of sentiment, and these gifts help you build a relationship with your board members outside of the professional environment as well.
Here are a few things that you should remember while choosing a gift:
The appropriate occasion for planning gifts for the board members need not be limited to the religious or national holidays. The occasion that you choose to send out gifts just matters as much as your gift. While you will of course send out gifts in the holiday season, it is also important to remember gift planning for other occasions.
Your board members can be treated with some company swag at the Annual Board Meeting. You can choose to present them with gifts for company anniversaries. It can also be after you have successfully completed a very important project.
Gifts relevant according to the occasion add to the sentiment and helps you build strong interpersonal relations with your board members
Conveying the Right Sentiment
When planning gifts for board members, you would also want to be sure that the message that goes along with the gift is also appropriate to the situation. The message needs to hold the appropriate emotion. For a joyous occasion like an anniversary or project completion, a joyous message needs to be conveyed.
For a serious situation like an Annual Board Meeting, the message that the gift carries must also be serious.
The message that you want to convey through your gift can be handwritten. It can also be conveyed through the gift that you are sending out. A box of chocolates and sweets for an anniversary and a branded Annual Planner for the Board Meeting sounds like a great combination. If the gifts were to be interchanged for the occasions, the sentiment would not be appropriately conveyed.
Your Nature of Professional Relationship
When choosing gifts, it is important to take note of what is the rapport that you share with your recipient. When it comes to board members, there could be multiple scenarios.
Often companies have multiple board members of which a few could be actively involved in company management and may even be working along with you, while the few would be silent stakeholders of your company.
It’s only natural that you would share a great rapport with the person who you work with every day, rather than with the one who you only see on occasions. In this case, when you have successfully completed a project, you may choose a more fun and personalized gift for the former individual.
However, this could also land you in some tricky business, as a bias in choosing gifts for different board members before a board meeting or for an anniversary can land you in trouble.
So it is important to be careful of the relationship that you and your company share with a particular board member.
Of course, the budget becomes one of the major topics o discussion when planning a gifting strategy for your board members. If for an annual meeting for a session wherein the company has made a few losses, you plan an exquisite and expensive gift for your board members, you may get into trouble.
For a big-ticket deal that you have bagged, a small handwritten note may surprise you with a few snickers.
Hence, it is important to plan your budgets according to the occasion that the gift is being planned for. Having said that, it is also important that gifts for your board members round the calendar add up to a reasonable expense, not too much, and not too less.
Choosing the Right Gift with Evabot
After knowing what to keep in mind for choosing the right gifts for your board members, let us tell you how Evabot will help you in choosing the right gift.
Evabot is an AI-based gifting wizard. As a gifter, you have to give the email address of your recipient to the bot. You also have to add your budget preference and you can also feed in a calendar to schedule your gifts.
What the bot would do is that it will send out emails to your recipients asking about their preferences, likes, and dislikes. Once that is done, based on the preferences selected by your recipient, Evabot will curate some gift packages that you can use.
Now for your clients and employees, you can let the bot choose a package from the curated sets and send out the gift automatically. However, for a board member and for valuable clients, it is recommended, you take some time off your busy schedule and choose a gift from the curated sets.
So be it the festive season, the company anniversary, a brooding board meeting, or a successful deal, you no longer have to stress about choosing the perfect gift for your board members. With the above points and Evabot’s effective gift planning, and curating, you can have a choice among some of the well-thought gift options.
So what are you waiting for? Sign up for the free 14-day trial of Evabot and plan the gifts for your next board member meet now.