Your board report is essential to keeping your board members up-to-date with all the significant happenings since the last meeting. A clear and well-written board report will improve the performance of your organization and assist to deliver the best results to your customers.
The creation of a highly effective board report that your stakeholders will appreciate is a big challenge for many businesses. A poorly written report can result in confusion, ineffective decision making, and a lack clarity about the direction of your organization. Avoid these common mistakes to ensure that your board reports are effective and efficient.
A thorough executive summary is an essential component of your report to the board. It gives your board members the background and the key points of every slide in your report which makes it easier for them to comprehend and absorb the data you’re present.
Only presenting positive news: presenting only positive news in your reports misleads the board and can influence their decision-making. A good board report is transparent and contains both successes and failures to provide a comprehensive an honest and balanced review.
Not including reports from committees In the event that you include the status of various committees in your report, you’ll keep the board members up-to-date on the most recent developments and any issues that might arise.
Visuals are crucial your board members will be more involved when you present your report if you include infographics, images, and tables. The human brain is more in processing visual information than text on its own, so make sure to include some form of visualization into your board reports.