A board presentation is a very crucial thing that a leader team must perform. It’s a chance for the management team to discuss its goals as well as its priorities and performance with the board, so it can assess how they’re doing and whether they’re on track. The board also gets a good idea of where the business is within its field and in comparison to its competition.
A well-crafted board presentation is composed of high-level information (such as income, balance or cash flow statements), and more visual representations. Charts that contextualize numbers by linking them to specific time periods, company objectives and the performance of competitors are also included. Additionally assets that illustrate a specific strategy (such as images of www.boardroomapp.blog websites or social media advertising) can be used.
Another factor that helps create a successful board presentation is to speak in a terms that the board understands, and can use. It is best to employ familiar metaphors that are easy for the board to comprehend and relate to, such as driving a business forward or growing it, rather than using technical terms that can be confusing or overwhelming. It also means avoiding the jargon and incorporating a glossary.
The board should also be aware of how your strategy will impact the bottom line and what’s needed to get there. It’s beneficial to talk with the person who invited you to present before the meeting, or at the very least talk briefly on the phone, to get a sense of the purpose and determine if there are important items you should include in your board presentation.