During the meeting
It is important that you, as the leader of the meeting, rise to the occasion. The word ‘status’ often has negative connotations, but as the leader of the meeting, it is your job to use your status and lead the meeting towards an effective result.
That does not mean you should steamroll everyone at the meeting; rather, you should use your status positively to get the best out of the participants.
After the meeting
A good summary can in many cases turn a mediocre meeting into a great meeting. The summary is used to document the result of the meeting, but also works to carry on the energy from the successful meeting.