1-Prepare an agenda for the meeting - meetings where there is no agenda will drift off topic, miss important issues, and generally waste everyone's time.
The agenda should identify the order in which issues will be discussed and assign a time for discussion of each issue. The penultimate item is usually 'Other business' and this is a catchall for things that have not been explicitly identified in the agenda. (The last item is generally 'Date of next meeting'.)
2-Elect a meeting chair - It's the chair's responsibility to ensure that:
3-Ensure that you have invited the right people.
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