Conducting a Board of Directors Meeting
A board meeting can be a difficult task that requires a precise agenda and background information for each participant. It’s also essential to keep the discussion focused on the most important topics and issues that your business faces.
The presiding officer will call the meeting to order and make sure that there is a quorum. The meeting will then discuss any reports from committees or officers that require approval. The board will then review any key performance indicator (KPI) that was set up for the organization in order to ensure they are on track to reach their goals.
The board will then discuss the new policies that need to be implemented as well as ways to improve the current process. The board will then discuss any forthcoming events, or changes in leadership that have to be addressed during the next meeting.
Distractions can consume the time of meetings and divert your board’s attention from the most important issues. To prevent this from happening it’s best to be able to agree ahead of time on the system that allows directors to bring topics into the “parking lot” for future meetings, where they can be discussed or researched further. Additionally, it’s recommended to encourage your board members to pre-meet with the chair or other directors so they can have their questions answered ahead of time and concentrate on discussing topics of strategic importance at the meeting. This will help to avoid unnecessary meeting time and ensure a productive and efficient board of directors meetings.
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