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Effective Board Meetings are a vital element of board governance and help to achieve the strategic goals of an company. Meeting structure agenda, agenda, preparation of board members, as well as the length and format of meetings are all important factors in maximizing the effectiveness of meetings for board members. In addition, minutes of meetings, action item follow-up and the implementation of decisions are essential to documenting institutional memory and providing a clear record of board decisions (BoardEffect).

Establishing a routine of structured board meetings creates a framework for the board to discuss issues of strategic importance that will contribute to the long-term viability of the organization. A well-planned agenda for board meetings that includes an efficient distribution system will result in productive sessions. Each board member must receive meeting materials in ample time to read and prepare for the discussion.

The first item to be discussed at any board meeting should be brief overview and a an update on the organization’s performance since the last meeting. This is an excellent opportunity to highlight major milestones and accomplishments, and also discuss areas for improvement.

The board should then discuss strategies and decide on an implementation plan to proceed. The board should also create concrete measures to gauge the success of these strategies, including key performance indicators that can be quantified and aligned with the mission of the company.

Govenda Boardroom Review