Saturday, October 19, 2013

The Of Having Minute Books In An Organization

By Elena McDowell


For any business entity or organization, minute books are very important and very crucial in then operation and performance of the organization. When we talk about an organization, we have to think about the many people that it tends to give services as well as the different groups of individuals who form the same group. Since many people are involved and check on the activities of the organization, it is very important that proper records of the activities are kept well and maintained properly.

These books are very important to the organization since they act as reference material for the future performance of the organization. In the decision making process involves a set of progressive phases that require the sharing of ideas to come up with the best decision for the growth of the organization.

The information may include the strategies to be used to enhance effective work performance and achieving the objectives of the group or institution. Most groups hold meetings for different purposes and with different intentions.

To begin with, the junior employees may decide to hold meetings that concern their work environment as well as the condition and performance of their work. Here they tend to discuss very important information that would either lead to improved performance or decrease their level of production depending with the circumstance at hand.

A company management meeting is held to look and check as well as evaluate the performance of the company. They also meet to develop ideas which would see them meet the objectives of the company both in the long run and short run. They may also meet to evaluate the different options of sources of funds in order to choose the source that has the minimum cost of capital and the risk involved.

The next phase is the evaluation of the available options and giving them the rank from the one that has the most returns to the one that has the lowest return. This is then followed by the choice of the one at the highest projected performance after which the decision is implementation.

Another very important group that conduct meeting is the schools and learning institutions. Here the main aim of the meeting is to make certain short term and long decisions that would see the institution achieve a greater performance. These include the strategies to improve the syllabus coverage, guiding and counseling the students as well as creating a good relationship with the surrounding community.

At the top most level we have the top management and the shareholder. Though they may not meet severally, but the decisions they make are very important when it comes to the overall management of the affairs of the organization. The often sit down to see how the can initiate certain projects that would maximize the wealth of the shareholders or the financiers of the organization.

The minute books has helped in the recording the information about these meetings. It contains the information of the reports of the performance of the organization, the relevant decisions made at each level of the management and in each meeting of the group conducted. It also contains the continuity and the progress made by each department of the group.




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