VentureBeat has a guest editorial by Nick Sturiale, a partner at the venture capital firm Sevin Rosen Funds that describes how board meetings can be run in a way that's helpful to your company.
Regrettably, these meetings often end up a waste of time, and not for dubious reasons. Well meaning CEOs frequently underutilize their board and subsequently set up a dynamic that can lead to directors questioning whether the CEO should be replaced.
His suggestion is to make your board part of your management team and not just a group you need to get approval from.
The idea is to enlist members in helping solve the problem because when a board works on a problem it becomes invested in the outcome.