A well-designed and designed board portal is a great option if you are looking to cut down on the time required to put together board packs, or improve the quality and quantity of information. A quality portal will have features that allow administrators to create a well-organized, rich board packs for board members.
Board packs are packed with crucial information that can help shape the strategic decisions taken by a business. They contain important information such as the agenda for an upcoming business meeting, background documents that relate to discussions and decisions, as well as a the CEO report which outlines the current state of business. They should also include the previous minutes from the previous meeting. It is crucial to provide board packs that are efficient and useful to run a successful, well-organized board meeting.
However, creating and disseminating board packs can be difficult. The content included in a board pack has to balance compliance requirements with the necessity of keeping meetings focused and productive. Too too much information can overburden directors and make them struggle to comprehend, absorb and make informed decisions.
A good package for boards contains several formats that make it easier for reading, analysis and comparison. It should be simple to navigate and provide concise information in an order that is appropriate for the meeting.
A well-designed portal enables participants to collaborate and prepare for meetings in an intuitive, easy way. Some of the most powerful features include drag-and-drop packs and auto-save to prevent losing work, and recalculations of timings and notes and annotations that are shareable. These features will make it easier for administrators to save time, and will reduce the stress associated with creating a board pack for every meeting.
