Board Meetings are an essential element of a sound corporate governance process and could be vital to the future of a company. A board that is indifferent and only slaps its stamp on what management decides to boardroomideas.info/boardmaps-pricing-plan/ include on the agenda may not be doing its job and could put the organization at risk.
Board meetings can be lengthy and dull It’s easy to lose the time spent in listening to reports or debating irrelevant topics. The effectiveness of a conference is influenced by a variety of factors, which include the way the agenda is structured and the amount of time spent on relevant issues and topics, and the rules for conducting the meeting.
Meeting rules can vary from one board to the next, but they must be written in an orderly and consistent manner that ensures consistency and transparency. Certain rules are mandated by law (e.g. quorum requirements) however others may be determined either through the board’s own bylaws or by common law.
Attendance records must be clearly recorded in meeting minutes, with the proportion of attendees that make up the quorum being noted. It’s also important to document who was present at the meeting – for instance, if any board members were absent or if they were participating remotely (see our article on Board Member Attendance). It is important to note the details of each meeting, and the time that was spent on each subject. This can help manage the time of future meetings and avoid unnecessary repetition of past information.
