Your board report is essential to keeping your board members informed on all of the important developments since your last meeting. A well-written and concise board report will improve the overall performance of your business and allow you to provide the most effective results possible for your clients.
Many companies struggle to create an executive report that is loved by their stakeholders. A poorly written report could lead to confusion, ineffective decision-making, and lack of clarity regarding the direction of your business. Avoid these common mistakes to ensure that your reports to the board are effective and efficient.
Do not include a comprehensive executive summary It is a crucial part of site link justmatlab.com/ideals-board-portal-review/ your report to the board. It gives your board the context and key takeaways of each slide of your report and makes it easier for them to comprehend and absorb the information you’re present.
Presenting only positive news: Only presenting positive news in your report to the board can be misleading to the board, and affect their decision-making. A great board report will always be honest and include both failures and successes for an honest, balanced and well-rounded review.
Inadequately including committee reports The inclusion of the status of various committees in your board report will allow your board members to stay up-to-date on the latest progress and any issues that might arise.
Visuals are essential The board members will be more engaged when you present your report if you include infographics, pictures, and tables. Visual information is processed more efficiently by the human brain than text alone. Include some type of visualization in your board reports.