A board meeting is an official business meeting held by the board of directors of a company. The purpose of a board meeting is to review organization’s performance, approve plans of action, and address any legal matters.
The attendees of this meeting are the board of directors, board secretary, legal advisers, and a chairperson who will preside over the meeting. The board of directors of an organization is in charge of all the organization’s actions, so they must be present or represented so they can take part in decisions regarding the company.
In a board meeting, there is usually a robust agenda. It starts by reviewing the minutes of the previous meeting taken down by the company secretary. After that, they move to the business for the current meeting and vote on any new action plan. The chairperson acts as the meeting’s moderator and gives each person a chance to speak at appropriate times.« Back to Glossary Index