The Suzuki-Miyaura reaction typically follows these mechanistic steps: 1. Oxidative Addition: The palladium catalyst inserts into the bond of the organic halide, forming a palladium complex. 2. Transmetalation: The organoboron compound reacts with the palladium complex, transferring its organic group to the palladium. 3. Reductive Elimination: The palladium catalyst facilitates the coupling of the two organic groups, forming the desired product and regenerating the catalyst.