You find yourself unable to finish your board report until the day prior to your meeting. You’ve got three rambling pages detailing all your findings from the previous meeting and need the input of other staff members to wrap it before the meeting. But you’re worried that if the board thinks it’s not completed, they won’t be willing to give it the time it deserves during the meeting.
A board report can assist your board members in making informed decisions regarding your company or company. In order to do this they must have the right information at the right time, which implies you must preempt their questions before they even arise. If they inquire about your business’s past performance or its future plans you must be prepared with the pertinent information.
Include the key metrics you have set with your board. They could be financial or non-financial like new user enrollments, rates of hiring products, data on products, or patent applications. You should also provide context and background to these numbers. Graphs and charts can assist your audience to comprehend the numbers. It’s important to tell both sides of the story when it comes to the risk or success of your company. A one-sided view can influence the board’s decisions and cause them to make bad decisions that can harm your business.
Then, proofread your report thoroughly. Nothing will throw off your board members more than a misspelling or other mistake. You should ideally have someone who will proofread your report. Alternatively, you can use a grammar checker software to identify any errors before you send it.