Getting the most benefit from every board meeting starts with a well-planned agenda. A well-planned agenda helps participants stay on task, limits off-topic talks and ensures that all the most important subjects are covered.
The first item on the agenda is usually a review of the minutes of the previous meeting. This is done to refresh www.boardroomstudios.com/how-to-start-a-board-meeting/ the minds of participants on the previous discussions and to identify any unresolved issues that are still to be addressed.
The next section is the big picture, where you’ll share your accomplishments at a high-level. This could include milestones accomplished, company building and future vision goals. This is a great opportunity to share new ideas and receive feedback from colleagues in the directorship.
The board reviews the key performance indicators of the company. These could include sales and financial metrics or customer support policies. This is the perfect time to set quarterly goals for your company and brainstorm ways to overcome any current obstacles.
When all the important items have been addressed, the board can move on to announcements or other issues that may need addressing. This is a great opportunity to share any messages of congratulations or other special recognition to employees or committees that have been successful. The board can close the meeting by stating dates and any work to be completed prior to the next meeting.