A well-designed and designed board portal is a great option if you need to speed up the process needed to prepare board packs, or increase the quality and quantity of information. A good portal will have features that allow administrators to make a robust, organized board pack for board members.
Board packs contain important information that aids in shaping the company’s strategic decision-making. They contain key information, such as the agenda for the meeting, background papers that relate to discussions and decisions and CEO reports that detail the current status of business. They should also include any previous minutes from the last meeting. It is vital to have board packs that are efficient and useful in order to run a successful, well-structured board meeting.
Making and disseminating board packs isn’t easy. The contents of a board packet must balance the need to adhere to regulations and keep meetings focused. Too much information may overburden directors and make them incompetent to take in, digest or make informed decisions.
A good board package includes a mix of different formats to allow for easier reading, comparison and analysis. It should be simple to navigate and include concise information, in a way that is appropriate to the gathering.
A well-designed board portal provides an easy, intuitive way for participants to plan and collaborate prior to meetings. One of the most powerful features include drag-and-drop packs auto-save to http://www.scoreboardroom.net avoid losing work and recalculations for time and notes as well as annotations that are shareable. These features will make it easier for administrators to save time, and reduce the stress of creating a board-pack for every meeting.
