A board pack is a collection of reports and documents which board directors read in preparation for the upcoming meeting. A good board pack combines key information into a digestible format that allows directors to keep current to make strategic decisions, weigh risks, and promote discussion focused on solutions. Boards can monitor their progress, establish KPIs, and offer feedback.
The ideal design for a board pack is well-structured and consistent. It should be broken down into clear sections, making it easy to locate each item. The agenda, important documents and notes, the previous minutes, and the CEO’s report should all be included. The package should also include a summary of all action items that were not completed from the previous meeting.
Contents of a board package can be a bit ambiguous and varied, making it difficult to develop an efficient one. It is essential to achieve the right balance between strict compliance requirements and providing relevant information directors to aid in their decision-making. It can be difficult knowing exactly what to include.
This click this process is made more simple and more efficient with the help of a portal for boards. This solution ensures directors can access the board packs using their preferred device, saving time and effort for administrators and directors. It is easy to republish the board pack and then send an email to all attendees whenever changes are made. This allows for an up-to-date board pack that has separate pages with automatic page numbers and a cover page that includes the agenda for the meeting.