Decision Based Reporting – producing reports that make a difference

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 and encourage action to take place, on a timely basis and in the right direction.  In other words, you need to measure and report on those activities the Board, management and staff need to focus on. David Parmenter has now presented this decision based reporting white paper to over 1,500 accountants in 10 centres in Europe and Australia.  David was educated and qualified as an accountant in Europe. The lessons of his work are very relevant to European enterprises.

David will provide new insights on how people are reporting daily, weekly and monthly information. This paper will be useful for readers who want to restructure their board and senior management reporting.

What you will gain

  • Access to electronic versions of all templates
  • apply daily, weekly and monthly report formats that will make a difference to management
  • prepare a dashboard of your Key Result Indicators to your Board
  • use better practice templates to report financials and performance measures to management and the staff
  • make your reports more concise, interesting and action focused

Contents

  • monthly management reports that make a difference (P/L, B/S, Cash flow; Rolling forecasts, balanced scorecard, Capex, Project reporting etc.)
  • Board dashboards
  • team scorecards
  • key daily and weekly reporting that will improve performance
  • reporting using a rolling forecast benchmarks
  • reports to help management finish what they start!
  • useful HR report formats

Table of Contents

  1. Background    2
  2. Better practice month-end reporting formats    3
  3. Better practice reporting stories    14
  4. Designing graphs by Stephen Few, an expert based in the USA    15
  5. Reporting without a budget    19
  6. Board reporting better practices    22
  7. Many KPIs are not KPIs!    30
  8. The four types of performance measures    30
  9. Making your project reports decision based    39
  10. Daily / weekly reporting    41
  11. Reporting HR so management become interested    46
  12. Writer’s biography    48
  13. Appendix 1:  Monthly HR report    49