We live in a world that is increasingly a combination of the physical and the virtual – we can watch a film at the cinema or download it from Netflix, pick up a newspaper or read it online. This hybrid world is becoming more common in the world of annual meetings.
At a traditional members meeting, members can meet the board, hear their view of the year just past and hold them to account in person. Then there are virtual meetings, which are becoming increasingly popular, particularly in the United States. They are conducted entirely via an online platform that allows participants to take part electronically, without having to visit the annual meetings physical location.
Hybrid AGM combine these two approaches, allowing people to attend the meeting in person, as well as having members attending remotely, online. This allows the greatest possible number of people to take part, increasing attendance and engagement while cutting the cost, time and inconvenience of attending meetings.