A board of directors is there to keep your company on track, and protect the interests of the company shareholders. It is not their job to run the company, that’s the responsibility of the CEO or Director and their team, however it is their job to ensure the company is delivering on what is has set out to achieve.
The Institute of Directors’ (in their factsheet on effective board meetings - see the links at the bottom of this article) perhaps sum it up best as they comment,
“Successful companies use board meetings to create and improve key business strategies”
How you run your meetings has a big impact on your business’s success. We set out a few suggestions for best practice below…