Focus the Meeting Agenda & Board Packet on the Important
By Tim Harrington, CPA
At TEAM Resources, we believe the board packet and monthly board meeting agenda should be built around the credit union’s Purpose (Mission) and Key Strategies. This is board level stuff. As we look at the information generally provided to a board in the packet, most directors cannot easily discern what is important, such as what is supporting the Purpose and Key Strategies. Board packets generally contain a lot of information and detail that is operational in nature. The format of information presented to the board can make their job easier or harder. Out of not knowing exactly what the board really wants from the CEO and the executive team, the CEO will usually give them a “shotgun approach.” That is very common for CEOs to do in the absence of board guidance.