Preparing for your next board meeting is an important task that can seem daunting especially if you’re new to the board or are unfamiliar with board meetings. Being prepared for your board meeting can help ensure that you get useful insights and suggestions from experienced leaders and strategic counsel. The first step is to make sure everyone on the board has read and understood the relevant materials and are well-informed about the agenda items.
The next step is to determine the purpose of your meeting. This will guide your board’s discussions and decisions. Reviewing the minutes of your last meeting will help you understand what the progress was made and what issues need to be discussed.
Lastly, be purposeful in selecting your meeting’s agenda items. Your board will be able move through the meeting more efficiently if they prioritize the most important issues first. This also helps to avoid the meeting getting stuck with the less important items. Additionally, every item on the agenda must be clearly defined to allow for information or look for information rather than just to VDR review website make a final decision.
It is important to send the agenda of your board well in advance so that everyone has ample time to read and then review it. This is particularly crucial for in-person or virtual meetings that require quorum attendance. Inspect the members of the executive team who are accountable for reporting and make sure they have the appropriate materials.