How to Write a Board Report Before Your Next Board Meeting
You find yourself unable to finish your board report until the day before your meeting. You’ve got three rambling pages detailing all your findings from the previous meeting, and you’re in need of input from other staff members to wrap your report prior to the meeting. But you’re worried that if your board sees that the work isn’t done they won’t be able to allow it the time it deserves at the time of the meeting.
A board report can assist your board members in making informed decisions about the company or company. To accomplish this they require the correct information at the right time, which implies you need to anticipate their questions before they arise. Whether they ask about your business’s past performance or its future growth plans, you www.boardroomlife.com/how-to-write-a-board-report-that-delights-your-board/ need to be prepared with relevant data.
Include the key metrics you have agreed upon with your board. These can be non-financial or financial like new user registrations, hiring rates or product information, or patent applications. Be sure to provide the background and context for these numbers, as well. Charts and graphs will help your viewers be able to comprehend the numbers. It’s also important to convey both sides of your story in relation to your company’s performance or risk. A solitary approach can influence the board’s decisions and lead them to make unfavorable choices that could negatively impact your company’s long-term success.
Finally, proofread your report thoroughly. Any typo or error can cause anger to your board members. Ideally, you should have someone else read your report on behalf of you and/or use a grammar software to identify any mistakes before sending it out.