Common Mistakes to Avoid in Your Board Reports
Your report on the board will keep your board members up-to-date on the most important developments that have occurred since the last board meeting. A well-written and concise board report will enhance the overall performance of your organization and allow you to provide the most effective results possible for your customers.
Creating a high-performing board report that your stakeholders will love is a big challenge for many companies. A poorly written report could cause confusion, poor decision-making, and lack of clarity about the direction of your company. Avoid these common mistakes to ensure your board reports are effective and efficient.
Inadequately presenting an executive summary It is a critical element of your board report. It gives your board the background and the key points of every slide in your report and makes it easier for them to understand and absorb the information you’re giving them.
Only presenting positive news: In only presenting positive information in your board report could be misleading to the board, and influence their decision making. A good board report is transparent and includes both successes and failures to give a balanced fair and balanced evaluation.
Inadequately including committee reports including the status of different committees in your board report will allow your board members to keep informed of the latest developments and any issues that might be emerging.
Inadvertently using visuals Board members are more likely to read and interact with your board report https://justmatlab.com/boardable-board-portal-review/ if it has infographics, tables, and pictures. The human brain is more able to process visual information than text alone, so be sure to incorporate some type of visualisation into your board reports.