Conducting a board of directors meeting is a complex process that includes setting the agenda and providing pertinent background information for everyone who attends. It’s also essential to keep the discussion focused on the most important issues and issues facing your organization.
The chairman will call the meeting to order and make sure that there is a sufficient quorum. The meeting continues to discuss any reports from www.myboardroom.info committees or officers that need to approved. The board will examine any key performance indicators (KPIs) that were set for the organization in order to make sure they’re on track to meet their goals.
The board will then proceed to discuss new policies to be implemented and ways to improve existing processes. The board will also discuss any coming events or changes to the leadership that need to be discussed at the next meeting.
The distraction of new topics for discussion can take up your meeting time and divert your board from the most crucial issues. To avoid this, it’s best to set up an arrangement that allows directors to move topics into the «parking lot» for future meetings so that they are discussed or explored further. It’s also recommended that board members pre-meet the chair or with other directors to get their questions answered prior to the meeting and to focus on strategic topics. This will help save meeting time, and ensure the most productive board of directors meeting.