Board Decision Papers

Board decision papers are written documents for board members in order to fulfill their oversight responsibilities and take well-informed decisions on corporate matters. They should be informative and concise and include a clear overview and annexes.

The factors directors should consider to make the most effective decisions regarding an issue could include a discussion of alternatives analysis (such as methods such as Six Thinking Hats), an overview of key metrics including research data, operational context and competitive insights that provides a perspectives, or even a simulation of the impact of each choice on the business. It is also helpful to show how management chose the best option. This could involve describing the various options considered or summarizing pros/cons for each one, as well in describing how the suggested approach scored on factors.

Board papers should be written in a formal business style and free of jargon or legalese. This keeps the content current and accessible to all directors. Charts and graphs can be used to summarize information and data trends and break up large blocks of text. It’s recommended to read the papers out in public or with peers to ensure that the key points are conveyed. If you’re looking to clarify something, you should solicit feedback or views from the board.

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