Annual Report Time – Don’t be like Harry and Meghan

It’s almost that time of year again — your auditors will be busy compiling figures, and board members will be drafting reflections on the past year’s events and milestones. As the coordinator of an extensive project as the annual report, don’t put yourself through the juggling act to ensure everything is ready for the AGM. And don’t be like Prince Harry and Meghan with their charity, the Archewell Foundation, which has run into trouble in California for infringements including failure to turn in its annual report. Though the issue is now resolved, this infringement could have halted the charity from fundraising. Don’t be like them – get your Annual Report sorted!

Let us help you. With 30 years of experience, WISDOM is an expert in creating outstanding Annual Reports.

Here are our top five tips to assist you in your preparations:

  1. Make it Compelling:
    • Organise your annual report like a magazine or develop a unique theme that reflects your organisations core values. This is your chance to showcase the very best of your organisation.
  2. Engage with the CEO’s Message:
    • Ensure the CEO’s message is a must-read. It should be an integral part of the report, not just an afterthought. It should essentially set the tone for the entire report reflecting on the past year’s challenges and successes, provide insights into future strategies, and inspire confidence and excitement.
  3. Develop a Timeline:
    • Create a detailed schedule that will serve as your blueprint for timely and successful delivery.
  4. Refresh Corporate Portraits:
    • Update your corporate portraits annually. Experiment with different styles of photography, such as candid shots, environmental portraits, or creative compositions. This keeps the visual content dynamic and engaging.
  5. Go Green:
    • Consider environmentally friendly distribution methods. An online microsite can present your annual report in a fun, interactive, and completely paperless format. Alternatively, distribute a digital eAnnual Report (interactive PDF or online flip book) via an email newsletter. This approach is entirely digital and eliminates print costs. If you prefer traditional printing or have stakeholders who do, opt for 100% recycled paper to reduce your carbon footprint.

Annual Reports are essential for corporate reporting, requiring significant time and effort. Let us help you make your annual report a success.

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