14 June 2012

Electronic board reports

This article from a bank directors' briefing looks at electronic board meetings from a big company perspective, with lessons applicable to smaller businesses.

Key points:

  • Looks at providing board reports on a web site rather that in a printed or emailed report
  • Improved security is seen as advantage
  • Allows sharing of parts of report 'as ready' rather than 'after last submission arrives'
  • Directors are expected to read in full, before the meeting
  • Cost for specialised board portal is about US$22,000 a year but I suspect for many smaller organisations pdf files on Yammer could make a workable alternative for free, by creating a group with access restricted to just the Board.

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