Writing a paper for the board that sets out an issue, options and a clear recommendation for decision.
Good work shows: States what the board is asked to decide; compares options with risks and costs; keeps the paper short with appendices.
Writing a board paper is one of the executive leadership skills on FinderK.
The job simulations and Skill Paths below include work that is checked for this skill. You do the work in an original fictional company and get feedback on it.
The board pack says the company spends 70,000 dollars a month; the January ledger says more, and the board meets on Friday. Build the runway statement from the ledger, cost the ways through the next ninety days and recommend one, and settle with your co-founder what happens to the integration he wants to finish.
Skills: Build a cash figure from the ledger, not the plan; Choose a way through against the goal, not only the cash; Give a co-founder a decision he argued against
The dashboard says repeat purchases have halved since June and marketing wants 50,000 pounds to win customers back. Check what the number measures, find out what changed in June and what is incomplete, and tell the board what the data really says before it spends the money.
Skills: Check what a measure means before trusting its trend; Separate a mix effect and incomplete periods from real change; Combine rates correctly from counts; Write a board note that leads with the answer; Disagree with a colleague's figures constructively