How to Write a Board Report

Board members must make important decisions. This is the reason it’s essential that your company communicates its key business information in a concise and engaging manner. This article will walk you through the best methods for writing a successful board report.

Start with a brief summary. This is the key ingredient to tie everything together for your audience with limited time. It should give them a flavour of what’s coming, and the reason why they should take the time to read the entire report.

The core of your report https://boardroomlife.com/ is next. Include important metrics and information that is relevant to your business, like the ones that are compared to industry benchmarks. Highlight any milestones or achievements that the company has reached, as well as any challenges that are impacting the company’s future performance. Don’t forget to highlight any upcoming projects that require approval from the board or financial backing.

Include any high-level statements of opportunity or risk the company has identified and the impact they have on the company. Be sure to give them sufficient specificity that is in line with the board’s risk tolerance.

You should conclude with your main points and a concise statement about the next steps the company needs to take. The goal of the board report will determine the contents whether it’s to inform the board, or, more often, to request an opinion. This will determine the way you structure the report, for instance, whether you require a table of contents, clear headings, and bullet points to communicate your main points.