www.freshboardroom.com/how-to-build-a-strategic-board-agenda/
The strategic agenda is a tool to assist your board in achieving its goals. However, it is not the only element – it is important to ensure that board members participate in lively discussion that leads to informed decisions.
The right agenda will help you achieve the success you want in your business whether that’s through a frank discussion about the board’s performance, a thorough examination of a particular operational problem or a presentation introducing the new program. This article will show you how to develop an agenda for your board that enhances its effectiveness without wasting time on irrelevant operational details.
There isn’t a perfect way to structure an agenda for the board, but best practices suggest you prioritize the topics based on the strategic goals of the organization and leave reports and other old business to the last. The board can be assisted by preparing an agenda of objectives and desired outcomes before the strategy day. This will help to focus the board’s attention and reduce meeting length.
Similarly, scheduling two annual strategy retreats rather than one may allow for more in-depth discussion and strategic thinking. It can also be helpful to include industry experts from outside in the agenda, to stimulate discussions and stimulate a higher level of strategic thinking from directors. It is essential to communicate clearly all rules and procedures for meetings, including the process to vote and decision-making to your board prior strategy day so that they are prepared.