Executive Communication6 min read

What Board Members Actually Want in a Presentation

After reviewing 500+ board decks, here's what separates presentations that drive decisions from those that waste everyone's time.

P

Penomic

December 12, 2024

The Board Room Reality Check

Most board presentations fail before they start.

Not because the analysis is wrong. Not because the data is missing. Because the presenter forgot who they're talking to.

Board members are:

  • Time-constrained (they sit on multiple boards)
  • Pattern-matching (they've seen this situation before)
  • Decision-oriented (they want to approve, deny, or redirect)
  • Accountability-focused (they need to defend their decisions)

Your 47-slide deep dive? It misses on all four.

The 5 Things Boards Actually Want

1. The Ask on Slide 2

Not slide 27. Not "building up to the recommendation." Slide 2.

Bad structure:

  • Slide 1: Title
  • Slides 2-15: Context and analysis
  • Slides 16-25: Options considered
  • Slide 26: Recommendation

Good structure:

  • Slide 1: Title + one-line summary
  • Slide 2: Recommendation and what you need from the board
  • Slides 3-8: Supporting evidence
  • Slide 9: Risks and mitigations
  • Slide 10: Next steps with owners and dates

Board members want to know where you're going. Then they decide if they want to follow your logic.

2. Context They Don't Have

Your board doesn't live in your business daily. They need:

  • What changed since last meeting?
  • What external factors matter?
  • What did we decide before that's relevant now?

One slide. Maximum. Then move on.

Don't waste time on context they already have. If the CFO is presenting financials, the board knows revenue matters. Skip the "why revenue is important" slide.

3. The Trade-offs, Not Just the Winner

Boards don't trust recommendations that seem too easy. They want to see:

  • What options did you consider?
  • Why did you reject the alternatives?
  • What are you giving up with this choice?

A 2x2 matrix showing options with clear trade-offs is worth more than 10 slides of analysis.

4. Risks That Are Actually Risks

Not "the market might change." That's always true.

Real risks:

  • "If competitor X launches before us, we lose first-mover advantage worth $XM"
  • "Execution depends on hiring 3 senior engineers in a tight market"
  • "Regulatory approval has 60% probability based on precedent"

Quantified. Specific. With mitigation plans.

5. Clear Owners and Timelines

Every recommendation needs:

  • Who is accountable?
  • What are the milestones?
  • When will the board hear about progress?

Boards hate ambiguity about accountability. Name names. Set dates.

The Mechanics That Matter

Slide Count

Target: 10-12 slides for the main presentation.

Appendix can be longer—it's there for questions, not for presenting.

Time Allocation

If you have 30 minutes:

  • 10-12 minutes presenting
  • 18-20 minutes for discussion

The discussion is where decisions happen. Don't eat it with slides.

Visual Density

One message per slide. If you need two messages, make two slides.

Charts should have:

  • A title that IS the takeaway ("Revenue grew 23% YoY" not "Revenue")
  • Minimal gridlines and chart junk
  • Clear data labels where needed
  • Source citations

The Executive Summary Slide

This slide does more work than any other. Structure it as:

Situation: One sentence on context Complication: One sentence on the problem or opportunity Resolution: One sentence on your recommendation Next step: One sentence on what you need from the board

Four sentences. The entire story.

Common Board Presentation Mistakes

1. Reading the Slides

If you're reading, you don't know your material. Board members can read faster than you can talk. They're already ahead of you and bored.

2. Defensive Posturing

"We considered every possible angle..." signals insecurity. Confident presenters say "Here's what we recommend and why." Then they handle questions directly.

3. Burying Bad News

Boards find out eventually. If you hide problems, you lose trust. Present challenges directly, with your plan to address them.

4. Too Much Detail

Your job is to give the board what they need to make a decision. Not to prove how much work you did. Cut the work-justification slides.

5. No Clear Decision Point

Some presentations just... inform. Boards get frustrated. They want to know: what are we deciding today? Even if the answer is "nothing—this is an update," say so upfront.

The Board's Unspoken Questions

Every board member is silently asking:

  1. "Should I be worried?" (Risk)
  2. "Is this team competent?" (Confidence)
  3. "What do you need from me?" (Action)
  4. "Can I defend this decision?" (Accountability)

Your presentation should answer all four without anyone having to ask.

A Template That Works

Slide 1: Title

  • What this is about
  • Date
  • One-line bottom line

Slide 2: Executive Summary

  • Situation / Complication / Resolution
  • The ask

Slide 3: Context (only if needed)

  • What changed
  • Key external factors

Slides 4-6: Evidence

  • 2-3 key data points supporting your recommendation
  • One insight per slide

Slide 7: Options Considered

  • 2x2 or comparison table
  • Why this option wins

Slide 8: Risks & Mitigations

  • Top 3 risks
  • How you're addressing each

Slide 9: Financials (if relevant)

  • Investment required
  • Expected return
  • Key assumptions

Slide 10: Next Steps

  • Actions, owners, dates
  • When the board will hear progress

Appendix: Supporting Detail

  • Deep analysis for questions
  • Data tables
  • Methodology notes

The Test

Before your next board presentation, ask:

  1. Can I explain the recommendation in one sentence?
  2. Is my ask clear on slide 2?
  3. Would a board member know what to do after 10 minutes?
  4. Have I named owners for every action?
  5. Can I defend every claim if challenged?

If any answer is no, you're not ready.

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