As the "presence" of directors are super busy people, they are often "coming in a few miles and only two hours will meet", which sets higher demands on the PPT - is it possible to effectively and effectively communicate through the PPT , Directly affect the efficiency of the board of directors, and even affect the company's future development. With regard to the board PPT, is there a perfect standardized template in this world? If not, what is an efficient and effective PPT? Here are a few of the recommendations that Union Square Ventures gave by summarizing the pitched battle cases Tips, Fred Wilson, founding partner at USV, and IDG Capital Partners are highly recommended to read. After graduating from college, I was fortunate to have been working for 3 months at USV. Based on a summary analysis of the PPTs of the board of directors of the invested companies in different stages and industries, I found that while the USV does not have a standardized board meeting PPT template, the most effective board of directors PPT the following three things in common: At the same time dealing with both the information needs (investment board of directors of the entrepreneurial team information needs, entrepreneurial team to seek advice from the board needs) Frankly pointed out the company's progress and unresolved pain points Highlight the unique corporate culture How do I do? I found that there are 6 ways to accomplish these three things well: 1 Add your metrics with Place metrics in context First come to appreciate the difference between the two expressions: a. 'Our gross margin (GM) dropped 8% last month.' b. 'Our gross margin dropped 8% - the reason is that we did a promotion that increased the number of our customers by 20%.' A good board PPT takes into account the questions that may be asked during the meeting and replies with clear, concise data. My favorite example is a simple annual recurring revenue (ARR) bar chart that breaks down sources of ARR changes As customers increase, loss of customers, business expansion, reduce customer spending, etc., at a glance. Another good indicator is the 12-month trailing P & L. Most of the PPTs I've seen have monthly data for the most recent quarter and months of forecast data. But the problem is: First, many companies have board meetings that run low, so the data is missing in the time dimension, making it difficult to understand the company's financial position for the most recent fiscal year without asking for additional data from the company. Even if the time dimensions of the data are not missed, we still need to piece together the information from multiple conference materials to understand the performance of the past year. For these reasons, a 12-month trailing gain or loss is perfect, not only for easy updates, but also for a good way to see the financial performance of the company over a longer period of time. While start-ups often make a big difference in a quarter, Most investors want a full understanding of how well the company is developing at various stages and, while forecasts are often inaccurate, it is worth doing with additional information that includes projections for the next 1-2 quarters. 2 PPT better organization, the greater the amount of information (Structure decks to gather input) The board of directors is almost the only opportunity for all of the company's key stakeholders to be in the same room, so you should work as much as possible on such meetings to get the message and advice of all parties and work together. I saw a good board PPT, often designing a Q & A session for board use only, prompting board members to prepare questions for the CEO and core team before the meeting. Organizing PPTs in this way ensures that the company's key stakeholders prepare the board and effectively structure the meetings, give them data and prepare them for 'firing,' and at the same time, provide the best understanding of the company's external stakeholders Provides an unfiltered discussion, during which time they may come up with unexpected ideas and ask the team to ask a few questions later. Good board material is always focused on key issues rather than big data flows Key issues include assessing core job openings, discussing the newly formed revenue streams, or potential takeovers ... These are all very Worthy of time and effort worth discussing strategic issues. A good board of directors can strike the balance between gathering the information the team needs and providing what the board wants to hear, which of course is about the company's style and how the core team should know what works best, and by carefully organizing the PPT Collect important feedback from attendees so you can make sure you get the most out of board time. 3 Frankly for what needs to do better, even if do not know how After all, the board of directors PPT is not used for road shows, so you do not have to be obscure, bend around, or avoid mentioning suboptimal data. The most effective PPT that I've seen is a direct indication of where the team needs to improve and ask the board for advice on how to improve or feedback on a well-formed plan Board members are trustworthy brains of startups who are better off than teams Anyone outside knows more about the team and in front of them it is necessary to be honest about the challenges your company faces. 4 carry out the important figures, the depth is more important than breadth (Pull out the numbers that matter) Most companies keep track of large amounts of data for internal use, but in a two-hour board, there is usually only a handful of the best data metrics for measuring how well the business is doing, and just as the topic narrows the range of metrics to make the discussion more Focusing also gives the board a quick overview of the company, and depth is often more important than breadth in order to save everyone time and meeting effectiveness. Remember SMART principles: Specific. Measurable. Achievable. Relevant. Timely. It can be used to determine which key data should be tracked, whether gross margin, Active users, LTV, GMV, MRR, or business-specific statistics ... Good PPTs show the company's most critical data and, as a result, Contribute to more productive discussions. 5 Highlight key wins, and the people responsible for them Most of the board PPT tend to put these elements in front of, or as part of the company's progress report, so as to have a very good start.Among them, my favorite is that many companies will make great contributions to progress Non-top employees are also listed, which is a great way for those who do not like to be overly talented in the company and only want to be recognized by the 'right people'. 6 unique company culture branded PPT (Let company culture inform the deck 's style) Board PPT is an art, and in general, art conveys creators' ideas in addition to showing itself: for example, a PPT for a consumer-industry company is very appealing: it clearly shows the tables in different shades of neon colors and Statistics; a company dedicated to security PPT is black and white, no change in style PPT template; a recruitment platform PPT, as shown below, then show some of their company's style: These three different styles of PPT convey their own corporate culture.The first is as dynamic as the platform they are building, the second is serious and focused on security issues, there is not even time to design, and the third is to bring some humor , Unorthodox, even weird style. Each board is actually a chance for a team to show themselves to the boardroom, half of which is showing the company culture that the team created, and these PPTs, in addition to being shown, are also viewed and read, so the company Culture is presented not only during the show but also through the PPT style, which is clearly understood by the great start-up team and will be used to demonstrate their leadership. 'Final summary' While the board PPT does not have to be as gorgeous as the Roadshow PPT, it can be a strategic and constructive communication tool. As mentioned above, you are demonstrating to Board members the key metrics on how to optimize your business, how to organize an effective and productive discussion, and how to confront and communicate potential challenges. This is definitely an art as well as a big one You can demonstrate the corporate culture and team atmosphere that you create. The face of these most supportive company's directors, such an excellent opportunity to show leadership, not worthy of your good preparation? * Original Address: https://www.usv.com/blog/6-ways-great-companies-use-board-decks-to-their-advantage
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