Where is my report?
Managers need reports. Lots of it! Enterprise solutions have dedicated module(s) which satisfy this need for reports. These implementations require a SIGNIFICANT cost to satisfy individual reporting needs. It will consume significant processing power to generate, and managers who want these reports will spend significant time going through the information (at least at the start).
BUT do we really need these reports?Monitoring and Control, a key management function, requires you (the manager) to measure and act on key parameters of the business. You will need to know whether these parameters are within range, improving or deteriorating. Reports should have this information!
BUT do they?Unless sufficient and focused effort is spent in defining,
- What parameters to measure?
- Why should they be measured?
- How can they be measured?
- How often should they be measured?