Your board report is the most important thing to keeping your board members current on all the important events that have occurred since the last board meeting. A well-written and concise board report will boost the efficiency of your organization and help you deliver the highest quality results to your customers.
Many companies struggle to craft a board report that will be loved by their customers. A poorly written report could cause confusion, poor decision-making, and lack clarity about the direction of your organization. To ensure that your board reports are efficient and effective There are some common mistakes to avoid.
Neglecting to include a thorough executive summary Executive summary is an essential element of your board report. It gives your board members the details and key takeaways from each slide of your report which makes it easier for them to comprehend and absorb the information you’re providing.
Don’t present only positive news: In only presenting positive information in your board’s report could mislead the board, and influence their decision-making. A great report on the board should always be honest and include both successes and failures to provide a balanced, well-rounded assessment.
Not including committee reports In the event that you include the status of different committees in your report, you will keep the board members up-to-date on the latest developments as well as any issues that may arise.
Inadvertently using visuals Your board members are more likely to read and engage with your report if it has tables, infographics, or images. The human brain is better at processing visual information than text by itself, so be sure to incorporate some form of visualisation into your board reports.