It is important that a board meeting runs smoothly and that all issues are addressed. The following procedure for board meetings can be used as a guideline to ensure that the meeting is conducted according to plan and all important issues are covered.
The chair starts the meeting by addressing questions of a personal or formal nature and welcoming new members or guests to the board. A formal introduction of the board is then provided and the officers introduce themselves.
Often the board will receive large amounts of information between meetings in the form of committee reports and correspondence. The chair should be able to allow time to be spent click over here on this during the meeting, but it is vital that this does not detract from the discussion of the more urgent issues.
After the board has analyzed the past performance, its achievements and obstacles, it will then look to the future strategy. This will include brainstorming ideas to help the company expand, develop and increase its market share in different departments. The board will then debate the best methods to implement these strategies and develop action items that the management team can utilize to accomplish this.
Usually the board will go over any new business that is brought up by the board or executive management. The board will also examine any old business that has not been resolved. The chair will then call the meeting to an end.