Peter Levine of Andreessen Horowitz has a simple rule for board meetings: about 70 percent of the time should go to the future and the decisions at hand, not to reciting what already happened.
Most decks are built the other way around. Compare two versions of the same update. One reports: revenue was $4.2M against a $4.5M budget, EBIT was $840K. The other says: $1.8M is trapped in slow inventory and receivables, the EBIT gap compounds to $1.5M by Q3 without action, and here is the specific help I need from each of you by Friday.
Same numbers. Only the second one turns a board into advisors.
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