Nervous about communicating with the board? Holding a powerpoint presentation which will determine the further fate of your pet project and your career? Look no further, here is the life hack that will help you in communicating with the board.
First, we will learn three simple facts to keep in mind. Then we will do a practical exercise, and you are all set.
Three simple facts you have to keep in mind when speaking with the board:
1. Your agenda is not the agenda of the board members. They have a different agenda. Their agenda is commonly known as CASH.
2. In order to get CASH for your project, your department, and essentially yourself, you have to get the board members’ attention.
3. Board members have a limited attention span and are easily board. Sorry. Bored. Always get that one mixed up.
The practical exercise that will make communication with the board easy for you:
Volunteer to spend a day at a local kindergarden and then convince the toddlers there to share their toys (working capital reduction) and in general, have less toys (SGNA cost cutting). In addition, they should nap less (push for effectiveness), and come out with more drawings per day spent in the kindergarden (productivity increase). If you can get them to create cute little ceramic mugs that you can sell later as a charity project, great (business line extension).
As a side project, get the toddlers to scream, run, and jump less (sustainability improvement with considerably positive effects on the environment).
Your only tool to convince the toddler population are rectangular pictures projected to a wall of the kindergarden. You may not offer bribes such as food, drink, sweets, toys or financial rewards (ban on material reward systems awarded top down). Instead, you will get them to listen to you, without screaming at each other, playing with their electronic toys, or leaving the room at random (typical board meeting).
Once you have achieved this task in a kindergarden, you are ready to speak to any board in the world. Congratulations, you will do fine from now on!