When you chose your current board portal, you’d have done the right thing to put ease of board pack circulation front of mind. After all, no one wants a “leaving classified papers at the bus stop” fiasco…
But as time has gone on, maybe you’ve heard that something else on the market might offer much more than better board pack circulation, and you’re wondering if you should look into it further. If this sounds familiar, here are 5 signs that your board could be getting more from the technology available:
Sign #1: You want to save time and money building your board packs
Board packs that are lengthy, unengaging and meander around the point are a huge cost to businesses. It’s no surprise then that they set you up for meetings that are also lengthy, unengaging and meander around the point. So, if your tech solution can’t fix this, then it’s worth weighing up your options. And our platform has helped boards like yours write better papers in more ways than one.
Firstly, our intuitive briefing tool lets you set highly focused questions for board pack authors, so they have clarity from the get-go.
Secondly, our bank of board paper templates are built by experts with over 20 years of experience – so you know you’re in safe hands.
And if you want to go one step further, our on-demand report writing courses give authors the skills they need to write clearly, concisely and with impact.
In short, if you want to spend less time and money writing better board papers, we’ve got you covered.
To give you an example of how effective these tools are in practice – a client of ours, a global engineering company, decreased their cost of board reporting from nearly £4m to just under £2m per year. You can read more of our client success stories here.
Sign #2:You want to create a flexible agenda that covers all bases
As you likely know, UK directors are under greater scrutiny than ever – and many need to evidence their compliance with s172, demonstrating that they're “promoting the success of the company for the benefit of its members as a whole.”
This requires a meeting calendar that considers key stakeholder groups; including employees, suppliers, customers, the community and the environment.
Our Agenda Planner tool means that you can tag agenda items by stakeholder group and get a single view of where your board is spending its time. What’s more, the drag and drop feature allows you to proactively course-correct at the last minute without flinching.
Lastly, the reporting function means that you can also easily evidence your balanced agenda to investors and regulators without going down a reporting rabbit hole.
Sign #3:You need a portal that accommodates your growing team
If your board and management team are evolving, your focus should be on sustained growth, not worrying about whether your portal allows for effective collaboration.
Board Intelligence allows you to autonomously add new users to your portal, set and control granular access – all without having to seek permission from us.
Moreover, you can hold in-app conversations for clarification or challenge, and circulate formal documents requiring a signature, ahead of time - reserving meeting time for conversation, not administration.
Sign #4: You want much more than technology – you want trusted expertise
With governance professionals under a harsher spotlight than ever, and in an age of information overload, you need credible, actionable insight.
The Board Intelligence Academy also delivers bite-size reports, courses and events to upskill your governance team and add more value to your organisation. What’s more, our clients have access to the Board Intelligence Think Tank, where we are reimagining the role of business in creating a better world.
Whatever governance challenge you’re facing, Board Intelligence has you covered. And if you can’t get the support you need on-demand, we’re only a phone call away, which takes us to our final point…
Sign #5: Some top tier human support wouldn’t go amiss either
When you join Board Intelligence we’ll provide bespoke onboarding and one-to-one training for all users. From this point on, we provide concierge-level 24/7 service, and you’ll also be assigned an account manager to ensure you’re getting as much value as possible from day one.
If that sounds like the sort of partner you want to work with, request a demo now.