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Goodbye Briefing Books

A paperless board meeting? It's starting to happen.

For Bruce Crockett, board meetings used to be a test of strength. The briefing books prepared for directors on the mutual-fund board of financial-services firm AIM Management Group Inc. came in a 20-pound box, says Mr. Crockett, who chairs the board. "You get a hernia going to these meetings, lugging around the paper," he says.

Then, in May, the AIM directors started running paperless meetings. All the information they need is now stored on a Web site, just a mouse click away on each director's laptop. "It was really cool," Mr. Crockett says. "You can just say, 'Click on page 42,' " and everyone can follow along.

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