The board of directors of a business or non-profit gives strategic direction and evaluates the progress of the organization, and examines and approves plans of action. A successful board meeting typically is different for every company however, there are strategies that can energize discussions and spur collaboration to maximize every minute of the meeting.
The presiding officer will call the meeting to order at the appointed time. The presiding official then calls all attendees to order and confirms that there is a majority of the attendees. The board then reviews the agenda and minutes from the previous meeting. Attendees may ask for changes, additions, or changes to the agenda and/or minutes.
During this section of the meeting directors share their thoughts and opinions regarding issues or opportunities the board is examining. They weigh the pros and cons of each option, along with the risks, expenses and the potential for profit in order to make a decision.
The board then considers the future strategies to meet the organization’s objectives. They then come up with the best way of carrying out those strategies. This is an essential part of the board meeting to ensure that the business stays on track with its goals.
After the discussion after which all motions are put to the public vote. The number of votes in favor and against each motion determines if the motion is approved. If a motion does not get passed, the meeting is aborted.