Board https://boardroomofficial.com/what-do-you-think-about-virtual-board-meeting-software/ papers should be clear and concise with high levels of insight. Going into operational detail should only be done when it’s required for strategic decision making. Utilizing charts or graphs to summarize data or information trends is also a good method of presenting information at a lower level. Providing a link to further technical information or statistics in an appendix is helpful.
The paper should clearly state the purpose (information or discussion, or seeking an agreement) and include an executive summary that outlines the recommendation. The executive summary should not go beyond 4 to 5 lines.
The document should address the most important issues and risks in the proposed proposal. If the risk is a major one it is essential that a clear mitigation strategy and its likely consequences should be identified. It is crucial to include the possibility of future risks if the proposal is not implemented in full or not achieved even when the risk is thought to be minimal.
The paper should provide an overview of the different alternatives that were taken into consideration in the decision-making process, and should include a brief summary with pros/cons. It should also outline the score of the preferred option on the relevant criteria. It is crucial to include an alternative analysis because it provides the Board several options to consider when performing their governance duties. This ensures that they have thought about all possible outcomes.
