Note that if you provide copies of the minutes/correspondence to attendees, reading aloud isn't generally required.Īddress any unfinished business.

You may also consider reading any important correspondences or communications that have occurred since the previous meeting.Rather than summarizing previous meetings yourself, you may want to have an official scribe or record-keeper read the minutes from previous meetings to give the summary a sense of formality.X Trustworthy Source Harvard Business Review Online and print journal covering topics related to business management practices Go to source Not everyone in attendance may be as knowledgeable about the topics of discussion as you are, so quickly bringing everyone up to speed can go a long way towards making your meeting an efficient and effective one. At the start of meetings that are part of a long, ongoing project, you'll want to briefly catch all of the attendees up on the state of the project thus far by quickly summarizing any relevant events or decisions from previous meetings. Sum up relevant points from previous meetings. For instance, the American Federation of State, County, and Municipal Employees (AFSCME) uses a system called Robert's Rules of Order which includes calling the meeting to order by banging a gavel and very specific rules for introducing and passing motions. Note that some businesses and organizations have strict, regimented procedures for opening and conducting a meeting.If some of the attendees aren't familiar with one another, take a moment to conduct a brief roll call and introduce important attendees. Establish the intended time frame for the meeting by informing everyone of the ending time you're shooting for - you may run long or short, but stating your intended time limit ahead of time helps keep the meeting on-track.

Introduce yourself as the chair and state the purpose of the meeting. When the meeting reaches its scheduled start time and all of the attendees (or at least all of the important ones) are present, get the attention of everyone in the room. MUMBAI: The Reserve Bank of India's rate-setting panel will go for a 0.35 per cent hike in the key repo rate at its meeting next week, an American brokerage said on Wednesday.Call the meeting to order. On the other hand, a 0.25 per cent hike in rates can also not be ruled out, the brokerage said, explaining that MPC could acknowledge that inflation has peaked and there are downside risks to their estimates and there will be measured hikes from here on.

There is a possibility for MPC to adopt a more aggressive measure and deliver a 0.50 per cent hike in rates as it did in June, joining some developed market and regional central banks who have sent out more decisive signals. Last week, RBI Governor Shaktikanta Das said that headline inflation, which came at 7.04 per cent for April, is appearing to have peaked. The brokerage expects MPC to retain its FY23 Consumer Price Inflation (CPI) and real GDP growth forecasts, at 6.7 per cent and 7.2 per cent, respectively. 'In our base case, we now see the RBI MPC hike policy repo rate by 0.35 per cent, taking it to 5.25 per cent (higher than pre-pandemic level), with stance change to calibrated tightening from the withdrawal of accommodation,' the report said. Referring to policy actions since April, when RBI introduced the standing deposit facility, the brokerage said the central bank has effectively hiked rates by 1.30 per cent. RBI has hiked the rate by a cumulative 0.90 per cent in two tightening moves in May and June, responding to the runaway headline inflation which has consistently overshot the upper end of the target set for the central bank for many months. The hike will be accompanied by a change in the policy stance to 'calibrated tightening', Bofa Securities said in a report published ahead of the Monetary Policy Committee (MPC) resolution which is set to be announced on August 5.

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