A board of directors meeting allows your company to take stock of the organization and discuss new policies to be implemented. This allows for important discussions to be had about issues that could cause problems. But, it is essential that you keep discussions focused on the primary issues. It is equally important to encourage your board members to content be involved in meetings and give them the opportunity to speak freely and share their views.

In the beginning of the meeting, the presiding official reviews the attendance of all participants to ensure that there is a sufficient quorum. They then go over the agenda at a high level and approve the previous meeting minutes.

The next section of the meeting focuses on reviewing key performance indicators. These could be as simple as net promoter scores, sales by region or revenues and costs for a specific time period. These KPIs assist your board members to see the progress of the company over time and determine whether the company is moving in the right direction or if drastic changes are needed.

After reviewing your current business situation The board will work together to come up with strategies which will help your business grow. This can be achieved in a variety ways, such as discussing upcoming policies, projects or strategies during the meeting or through the use of a series of meetings outside of the boardroom, such as weekly breakfasts and monthly lunches, or informal emails.