Board members have a lot of work on their plate, and they’re required to make crucial decisions. It’s crucial to convey your company’s key business information in a clear, engaging manner. This article will help you understand the best practices for writing excellent board reports.

Begin with an executive overview. This is the sauce to tie everything together for your time-poor audience. It should give them a flavour of what’s coming, and the reason why they should take the time to read the complete report.

Then, present the meat of your report. Include key metrics and data that are relevant to the company, including ones that are compared to industry benchmarks. Highlight any achievements and milestones the company has reached, as well as any challenges that are impacting the future performance. Don’t forget to address any upcoming projects that require approval from the board or financial backing.

Include any high-level risk or opportunity statements the company has identified and their potential impact. You should present them with a level detail that is consistent with the board’s tolerance for risk.

You should end with your key takeaways and a concise statement about the next steps the company should take. The board paper’s purpose will determine the content. It may be to inform the board, or more frequently, to ask for an action. This will determine the format of the entire report, including whether you need a table of contents as well as clear headings and bullet points to communicate the main points of your report.

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