Directors tell us that the CEO’s report is the most important paper in their board pack — the one they turn to first.
With packs growing longer every year, and with papers too often coming late to the board, the CEO’s report is an invaluable signpost for time-poor directors deluged with information and competing priorities. It answers the question “What’s on my mind?” And knowing what’s on the CEO’s mind is key for an effective board.
But, despite its importance, few organisations get it right. And no wonder — the pitfalls are plentiful.
The good news is that getting your CEO’s report to the level where it delivers value to the whole board — CEO included — is one of the easiest and most effective improvements you can bring to your board pack.