How to Write a Board Report

Board members have a lot of work on their plate, and they’re expected to make key decisions. That’s why it’s so important to communicate your company’s key business information in a concise and engaging manner. This article will walk you through the best ways to write a fantastic board report.

Start with a summary. This is what you need to bind everything together for your time-poor audience. It should provide your audience with a taste of what they can expect and why they should read the full report.

The main content of your report is next. Include important metrics and data relevant to your business, such as those that compare to industry benchmarks. Highlight any milestones https://boardroomlife.com/introduction-to-virtual-board-meetings/ and achievements that the company has made as well any challenges which could affect the future performance. Don’t forget to discuss any projects coming up that require approval of the board or financial support.

Include any high-level statements of risk or opportunities that the company has identified and their impact. Be sure to include them in the level of specificity that is in line with the board’s risk tolerance.

You should conclude with the main conclusions and a concise statement on the next steps your company should take. The purpose of the board document will determine the content whether it’s to inform the board, or, more frequently, to solicit a decision. This will determine how you organize the entire report, including whether you need a table of contents as well as clear headings and bullet points to convey your main messages.