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An agenda is essential to getting the most out of every board meeting. An agenda helps keep participants on the right track, stops discussions that aren’t relevant and ensures that all important subjects are covered.
The first item on the agenda is typically a review of the minutes of the previous meeting. This is done to remind attendees of previous discussions and to draw their attention to any issues that remain not resolved.
The next step is the big picture, where the latest progress is presented. This could be a list of company building milestones, achievements and vision goals for the future. This is a great way to get feedback and discuss ideas with co-directors.
The board then goes over the most important performance indicators of the organization. This could include sales, financials or customer support policies. This is a great time to establish quarterly goals for your business and brainstorm ways to overcome any current obstacles.
When all the important items have been discussed, the board will proceed to any announcements or other business that may need addressing. This is a great time to share any messages of congratulations or other special acknowledgements for employees or committees that have been successful. The board will then end the meeting by establishing the date for the next meeting and any final tasks that need to be completed prior to the next meeting.
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