What does it mean?

In the context of meetings, an "Action Item" refers to a specific task or responsibility assigned to an individual or team. It outlines the action to be taken, who is accountable, and by what deadline. Clear and concise action items are essential for ensuring meeting outcomes are translated into concrete actions that drive progress towards project goals.

Example:

Imagine a team meeting to discuss a new marketing campaign launch. During the brainstorming session, an action item might be assigned to "John - Research and present competitor analysis by next week's meeting." This clearly defines the task (competitor analysis), assigns ownership (John), and sets a deadline (next week's meeting). By tracking and reviewing action items throughout subsequent meetings, the team holds each other accountable for progress and ensures the marketing campaign launch stays on track.