The structure of your board is the backbone that enables it to take effective decisions. The board meeting typically starts with a call to order, in which the chairperson welcomes all attendees, introduces the new members and announces the mission and vision of the business. The next step is typically to go through and approve the minutes of the previous meeting, which gives the board a foundation of understanding what the company’s position is.
After the board has discussed its past performance, it’s now time to plan for the future with strategies that will boost nonprofit awareness as well as increase member and donor numbers and generate fundraising opportunities. Ideas can be transformed into concrete steps by every department. The senior management team should share their ideas for growth during this portion of the meeting, and also solicit suggestions from of the executive team. The board should then decide on a plan that can be implemented in the time frame specified.
It is also a good opportunity to examine any obstacles, like budgetary concerns or time limitations, that may hinder the execution of your strategy. The board needs to come up with solutions that can assist the company to overcome these obstacles and move forward.
This portion of the meeting is usually reserved for announcements, congratulatory messages, or condolences that attendees may have. It also contains important items to add to the next session’s agenda. After that, the chairperson of the board usually ends the meeting by declaring the time to end the meeting so that the secretary can note the time in the minutes.