A report to a senior executive group is not a conversation, although it should sound conversational. It is a communication designed to facilitate a prediction or a decision.
In order to sound conversational you need to be relaxed. Ironically, relaxation comes from the tension of hard rehearsal.
Get to your recommendations as soon as possible. Don’t make them wait to find out why you are there.
Describe the benefits of your recommendations, preferably in quantitative terms—such as gross margin, time to ROI, or % of market share. Best case, base case, and worse case scenarios also add clarity and credibility.
Describe the costs, positioning them as reasonable compared to other similar projects that you can identify.
Include the downside if they decide not to follow your recommendation. A favorable statistical confidence interval on your estimates of upside and downside will help.
As usual, occasionally get out of the abstract and into the concrete. Illustrate the benefits of your recommendation with stories about other companies. Likewise, dramatize the cost of not accepting your recommendations.
Senior executives tend to be big picture people. Keep your remarks as short as possible. They probably have to listen to a number of presentations at one sitting. If you tell them everything they’ll remember nothing.
Don’t read bullet point slides. It’s the #1 thing people hate. After all, why go to the trouble of a meeting if all the speaker does is read. The senior people need to see you bring your idea to life, and demonstrate the character traits necessary to make it happen.
In terms of delivery, this is not the time to display your wild passion. Just be extremely clear about what you want to do, why it’s a good idea, and how you plan to get it done.
Take away: help them make a decision or a prediction. In the fewest words possible.