How to Run an Effective Meeting

1. Make every meeting matter - or don't meet at all.

2. Define goals and distribute agenda in advance 

3. Own your meeting, take charge and keep your meeting moving forward

4. Get constructive input you need from everyone present

5. Close with an Action plan, try to make sure that everyone leaves knowing the next step.

Source: http://www.wikihow.com/Run-an-Effective-Meeting