Conducting a Board of Directors Meeting

Conducting a board of directors meeting is a complex process which involves setting the agenda and providing relevant background information for all attendees. It is crucial to keep your discussion focused on the issues and topics that are most important to your company.

To begin, the presiding officer calls the meeting to order at the appointed start time and makes sure that a quorum is present. The meeting then proceeds to discuss any reports from officers or committees that need to be approved. Then, the board will review any key performance indicators (KPIs) that are set for the organization to ensure they’re on the right track to achieve their goals.

Then the board will be discussing the new policies that are to be enacted and ways to improve current processes. The board will then discuss any upcoming http://www.myboardroom.info/conducting-a-board-of-directors-meeting-dont-do-these-mistakes/ events, or changes in leadership which need to be addressed at the next meeting.

Unproductive discussions can eat up valuable time at meetings and divert your board’s attention from the most important issues. To reduce this it’s best to decide in advance on the system that allows directors to move topics into the “parking lot” for future meetings so that they can be discussed or researched further. It is also recommended that your board members get together with the chair or with other directors to have their questions answered before the meeting, and then focus on strategic topics. This will help to avoid unnecessary meeting time and will result in a more productive and efficient board of directors meeting.