A board meeting is a formal gathering of the members of a company's board of directors. During this meeting, directors discuss important issues related to the organization's strategy, performance, and governance. The agenda typically includes financial reports, project updates, and decisions on key policies. These meetings are essential for ensuring that the company is on track to meet its goals and comply with legal requirements.
Board meetings usually occur on a regular schedule, such as monthly or quarterly, and are documented through meeting minutes. These minutes serve as an official record of the discussions and decisions made during the meeting. Effective board meetings promote transparency and accountability within the organization.