It is a regular question – “Sir, how do I prepare for the Board meeting?” Tough question but also one with the easiest answer: have great operating numbers on revenue, profit and market share. No need to consult speech therapists or presentation coaches!
A board of directors is a recognized group of people who jointly oversee the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency.
We work with many startups and founders in Africa. Typically, when they prepare ahead for Boards, I always remind them of one thing: “the best presenters have the best numbers”. Simply, if your performance is great, you will look good before Board.
When the Board sees revenue up and profit up, everyone will relax and enjoy the presentation. Whether you stammer or not, the numbers are speaking, and the sound is awesome.
The key thing is this – it is not about speaking like Prince Charles of England that will save you when you are losing market share with paralysis everywhere. As they say – measure what matters. To have a great day with the Board seasonally, you must ensure you have GREAT numbers to become an effective presenter.
This is one secret as you prepare for Board meetings in that mission to change the world.