Boards can make use of decision papers to gather the information needed to interpret, formulate and take decisions that determine the future direction of a company. If they are not properly prepared, they could be overwhelming, both in terms of information and length. This could result in poor decision-making.

The most important thing to do when writing a winning board paper is to keep it brief and simple. Directors typically have a short time to review your documents and they may not have the same expertise you do so it’s important to weed out excessive operational details, and rely on simple arguments instead of lengthy explanations, and use only facts instead of opinions.

A well-designed decision paper starts with the background of the issue, then helps directors understand your argument by covering links to financial and strategy information. This view publisher site is similar to a traditional storytelling structure and allows directors to follow your line of thinking.

Additionally, you should include an assessment of any possible issues that could impact the result of the decision. also indicate if there are any issues that are currently in relation to the proposed decision. This is an essential part of a decision paper and gives directors confidence that the information they’re reading is valid and current. It’s recommended to have informal discussions with some of the board members who will be reading the document before they meet to ensure that all information and points are considered. This will allow you to identify what needs to be covered and, if necessary, discuss the possible outcomes or options with the board.