storyboard vs. executive summary

First off, I am a person that likes to  build the course as I go. Most of my creative process works around how something looks when it is done, then I edit as i feel like things need changed or as feedback requires it. 

My boss asked me to create a storyboard for a project that i am close to completing (a few days from recording the voice talents). He also gave me the option of creating an "executive summary". I haven't heard of "executive summaries" so I wanted to put the question to you guys. 

What is the difference between the two proposal methods? any help?

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