http://www.myboardroom.info/nasdaq-board-portal-review/
Conducting a board meeting requires the leadership skills of executive directors and non-executive directors. The former is the one who leads the company’s top management and oversees day-today operations, while the director who is the latter brings diverse knowledge to the table. In meetings, they review documents and reports, offer insights into management issues and strategic initiatives, and make decisions that impact the organization’s success in the long term.
It is essential to confirm prior to the meeting that all materials have been provided and that all logistics are in place. It’s also a good idea for you to go back over the agenda and make any final changes on the agenda to ensure that the agenda is addressed in a concise and logical manner.
The meeting begins with an opening address from the presiding officer or board chair. The treasurer is then able to present an update on the current financial matters. The treasurer should be able to provide the report in advance so that board members could study the report and prepare their questions.
After the treasurer has finished his report, any of the members can move to discuss new business. If they’re seconded, a vote is taken and those who are in favor vote ‘yes’, and those who oppose say ‘no’..
Any pending or unfinished issues from previous board meetings are dealt with during this phase of the meeting. Based on the nature of the issue, it might be decided by voice vote or an open hand. Finally, the chairperson or the presiding officer ends the meeting by highlighting the key actions and decisions that were agreed upon, ensuring that all participants are clear on their roles moving forward.