Question

If you were Jack Springer, CEO of Malibu Boats, preparing for the upcoming Board of Directors meeting, what are the three most important items you’d share with the Board?

Answer 1

The three most important items you’d share with the Board of Directors are:

1. I would share previous period statistics of the organisation. This would contain the data about the revenue and profit made by the company in the previous period.

2. I would share with them the key performance indicators i.e. how well the organisation is performing in the current period. I would share how the company is reducing its costs and increasing its revenues.

3. I would share any other issue in the path of the organisation. This would make them prepared for any upcoming issue.