Jun

13

Nine Lessons When Implementing a Quarterly Rolling Forecast on a Planning Tool

June 13, 2007 | Leave a Comment

A recent study done in America indicated that over 80% of the organisations were expecting to have a rolling forecast in place in 2005. Why are our cousins in America so keen on a rolling forecast? I believe it is one of the most important management tools that has been greatly under estimated here in [...]

Jun

11

Action meetings and other major management breakthroughs

June 11, 2007 | Leave a Comment

Management today are ensnared by many time wasting traps. Fortunately a few enlightened organisations around the world are forging a pathway for us to observe and follow. The time wasters I want to address are: morning meetings unproductive meetings unnecessary travel the annual planning process rewriting Board papers monthly performance reporting handling emails Let’s take [...]

Jun

8

Article: Creating a dashboard for the Board

June 8, 2007 | Leave a Comment

David Parmenter states “Since the Board’s role is clearly one of governance and not of management it is, I believe, inappropriate to be providing the Board with the KPIs.” There is a major dilemma in most organisations that have boards over what information is appropriate for the Board, and what is not. In an earlier [...]

Jun

7

Convert your monthly reporting to a decision based tool

June 7, 2007 | 1 Comment

Many management reports are not a management tool, they are merely memorandums of information. Management reports as a management tool help with the alignment of behaviour in that the reports encourage action to take place, on a timely basis and in the correct direction. In other words, you need to measure and report on those [...]

Jun

5

How to implement month-end reporting in day 3 or less – Part two

June 5, 2007 | Leave a Comment

In my article “How much time are you wasting on month-end reporting” July 2005 I talked about the irrelevance of late reporting and about some case studies. This article will look the lessons and guidelines for implementing quick month-end reporting(QMR).To anyone who has seen the film “The day after tomorrow” a late month-end has the [...]

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