A presentation for the board meeting differs from a normal presentation because of the time pressure and the requirement for unanimity. Board members are the most significant stakeholders in the success of a company, consequently their decisions are a major factor in the success of the company. In order to make the right decision, they need all the relevant information in the shortest period of time possible and taking into account all potential risks. It’s crucial to know what the board is trying to achieve and to make sure that your communication is focused on achieving that goal.
The best way to do this is to put your most important data points into context. For example, it’s not enough to simply provide the conversion rate of a brand new product, you must also give the board the context of how it compares to expectations or industry averages. If the board can make the right conclusions based on the information they’re looking for it will be much easier to convince them to accept your suggestions or your future plans.
Do some research on the backgrounds of the board members and their interests before presenting. This will help you anticipate the questions they might pose and either work them into your presentation or prepare with a well-thought-out answer for questions at the end of https://boardroomapp.blog/opportunities-with-data-rooms-for-initial-public-offerings/ your presentation. I’ve seen presentations in which the presenter attempted to guess what the question was. If they were wrong, it could affect their credibility.