An agenda is essential to getting the most out of every board meeting. A well-planned agenda helps participants stay focused keeps them on track, prevents off-topic discussions and ensures that all of the important subjects are covered.
The first item is usually the review of the minutes of the previous meeting. This is done in order to remind attendees of prior discussions and to draw their attention to any issues that remain unresolved.
The next part is the big picture, where you’ll be sharing your accomplishments at a high-level. It could include milestones reached, company building and future visions. This is a great way to get feedback and share new ideas with your colleagues in the directorship.
The board then reviews the key performance indicators of the company. This could include sales metrics, financials or customer support policies. This is an excellent time to set quarterly goals for your company and brainstorm strategies to overcome any current obstacles.
Once all of the important items have been discussed, the board can move on to any announcements or other business that requires attention. This is the perfect time to announce any congratulations messages or other special acknowledgements for employees in the company or committees that have performed well. The board can close the meeting by stating a date and any tasks that must be completed prior to the next meeting.