How to Write a Well-Crafted Board Report

A well-written board report is an effective tool that enhances collaboration, promotes transparency and accountability, and aids Data Room Pricing in strategic alignment. However, many companies struggle with producing board reports that are current and accurate. Whether the problem is a lack of structure, insufficient data, or a lack of presentation, the result is detrimental to the decision-making process and company growth.

Be sure to only share the information you need to get your board moving forward. This will help to avoid information overload and the need for long explanations.

Start with a summary or abstract that outlines the main aspects of the report. This lets board members quickly go through the report and comprehend its major points. Follow this with your company’s key performance indicators (KPIs). Include specific data within the context of the goals and targets you set for the previous year, and highlight how these have been achieved or are moving forward.

Include a section about issues and trends in the industry. This is a great opportunity to explain the financial data you share and assist your board members understand, for example, why your market shares have increased or decreased. If you’re experiencing any significant regulatory obstacles, be sure to include this in the report to help your board members to consider possible legal risks and their implications.

Discuss your next step strategy with the board. It doesn’t matter if this is an entirely new idea that requires their approval or a revision of a current project.