How to Conduct a Successful Board Meeting

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Whether your company is growing or stagnating, you need the perspectives and experience of your board to take strategic decisions. You must hold board meetings to achieve this.

A board meeting is an official gathering of top executives of a company or non-profit organization. They are elected by the directors of the corporate stakeholders to oversee the business in all aspects, including policy and performance.

The board is regularly scheduled throughout the year to review performance reports and policies as well as discuss new ventures and opportunities. Traditionally the board would meet in person — but increasingly, companies are conducting their meetings online.

It’s important that each meeting has a particular tone. Meetings for board members should be informative and focused, and there is very little room for off-topic conversation. In the opening remarks, it is important to highlight an accomplishment or success from the past meeting that will encourage the participants.

After everyone is in place, you can begin to conduct business. Board members are expected to discuss any issues they have encountered that require attention and consider the advantages and disadvantages of any business opportunities that are new. A discussion-based format for this portion of the meeting gives members the chance to share their own perspective and expertise on every problem.

After the resolution of any old business, the board chair announces the new business and encourages a discussion. Keep the discussion concentrated on strategic issues that will help your organization expand.