The last thing I ever want to do is create work for my portfolio companies. That being said, I think that there's a certain amount of management communication that serves a purpose well beyond just letting the investors know what's going on in the company.
Ideally, investor communication serves the following purposes:
- Focuses the attention of the CEO on goals over a fixed about of time: "What are we going to accomplish between now and the next update?"
- It can create a sense of urgency by putting those goals to paper.
- Requires the team to reflect upon how well they acheived prior goals and whether anything can be learned to improve performance.
To read the full, original article click on this link: - Thisisgoingtobebig.com - A Template for Updating Your Investors
