Your board report is essential to keeping your board members current on all of the important developments since your last meeting. A well-written and concise board report can boost the performance of your company and help you provide the best results to your customers.
Making a top-performing board report that your board members will enjoy is a major challenge for many companies. A poorly written report could cause confusion, ineffective decision making, and a lack of clarity about the direction of your organization. To ensure that your board reports are effective and efficient there are some common mistakes to avoid.
Do not include a comprehensive executive summary: The executive summary is an essential part of your report to the board. It provides the information and context for every slide in your board report, allowing your board members to easily comprehend and absorb the information you’ve provided.
Do not present only positive news: Presenting only positive news in your board reports will confuse the board and influence their decision-making. A great board report is honest and reflects both successes and failures to provide a comprehensive fair and balanced evaluation.
Failing to include reports from committees by not mentioning the status of different committees in your report, you’ll keep your board members informed of the most recent developments and any issues that could arise.
Visuals are important Board members will be more engaged with your report when you include infographics, images, and tables. Visual information is processed more efficiently by the brain than text on its own. Incorporate some form of visualisation into your board reports.
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